Melisa Herlina
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Global markets
US indices took a halt from consecutive all-time high pending more data such as earnings and job market. All 3 indices were in small red, DJ (-0.55%), S&P500 (-0.19%) and Nasdaq (-0.16%).
NFP (nonfarm payrolls) with market consensus of 220k, will be released tonight 9:30pm. If the data is stronger than expected, then strength in job market will provide more room for Powell to cut interest rates later rather than sooner.
Pending more cues, US ...
US indices took a halt from consecutive all-time high pending more data such as earnings and job market. All 3 indices were in small red, DJ (-0.55%), S&P500 (-0.19%) and Nasdaq (-0.16%).
NFP (nonfarm payrolls) with market consensus of 220k, will be released tonight 9:30pm. If the data is stronger than expected, then strength in job market will provide more room for Powell to cut interest rates later rather than sooner.
Pending more cues, US ...
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