Innlegg

🚨 Citigroup concludes its view: USD benefits from strong jobs data, US-Iran negotiations stalled. US May jobs data exceeded expectations, unemployment remained stable, reinforcing expectations of a Fed interest rate hike. The USD index recorded its biggest gain since April 8th, rising 0.6% for the week – its strongest gain in three months. Meanwhile, Middle East conflicts pushed energy prices higher, but US job growth still prevailed. "This is a favorable environment for the USD; the US remains the exception with inflation above target," – Noah Bufham, Citigroup strategist. 📉 Philadelphia Semiconductor Index plunges 5.3% – risk signal from the chip industry. 👉 Will the Fed actually raise interest rates when the labor market remains hot? #NFPBlowout172K