2016-07-08 U.S. stock market status# Stock
u*e
1 楼
2016-07-08
U.S. market rallied to new highs after surprising better than expected June
Non-Farm Employment numbers. 287K new jobs ( vs. consensus +175k) were
added in June with Average Hourly Earnings only go up 0.1% ( vs. consensus +
0.2%). This is very good report for the U.S. financial market which
indicates a healthy economy growth with limited inflation risks.
As discussed before, all U.S. dollar denominated assets flied higher on this
report. Money is continuing to move back into U.S. dollar since today's
report confirmed that U.S. dollar asset investment will be better than the
investments on the other assets in the current environment.
Nevertheless, U.S. stock market will start to be driven by earning on the
second half of this month, it is not advised to invest too heavily onto the
upside during the coming earning season.
U.S. market rallied to new highs after surprising better than expected June
Non-Farm Employment numbers. 287K new jobs ( vs. consensus +175k) were
added in June with Average Hourly Earnings only go up 0.1% ( vs. consensus +
0.2%). This is very good report for the U.S. financial market which
indicates a healthy economy growth with limited inflation risks.
As discussed before, all U.S. dollar denominated assets flied higher on this
report. Money is continuing to move back into U.S. dollar since today's
report confirmed that U.S. dollar asset investment will be better than the
investments on the other assets in the current environment.
Nevertheless, U.S. stock market will start to be driven by earning on the
second half of this month, it is not advised to invest too heavily onto the
upside during the coming earning season.