Stocks surge amidst USD weakness

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The major winner today was the US stock market as it continued to surge higher on corporate earnings and an upbeat jobs report as JOTLS openings came in strong at 6.66M – despite being below forecasts of 6.74M. The US economy is very much looking stronger, despite the political and trade uncertainty that has blighted the current administration and this can be reflected in the rise in equities at present and market bullishness. The focus going forward this week will be if strong GDP figures are able to translate into strong CPI figures in the long run, with the market expecting a reading of 0…. Read More

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