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Strong jobs report can’t lift dollar, but equities shoot up

Dollar unable to capitalize on solid US employment report. But stock markets push higher, powered by decline in yields. Gold shines as well, focus now turns to parade of Fed speakers.BoE shocks markets by not raising rates as expected, pound crashes below $1.35. Bond yields slump globally as central banks push back on investors’ rate hike pricings. Dollar stands tall, Wall Street at record ahead of October payrolls report.Risk Warning: 74.07% of retail investor accounts lose money when tradin...

Broadcast on:
08 Nov 2021

Dollar unable to capitalize on solid US employment report. But stock markets push higher, powered by decline in yields. Gold shines as well, focus now turns to parade of Fed speakers.

BoE shocks markets by not raising rates as expected, pound crashes below $1.35. Bond yields slump globally as central banks push back on investors’ rate hike pricings. Dollar stands tall, Wall Street at record ahead of October payrolls report.

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