The dollar rallied as U.S. December payrolls blew past the consensus estimate. The data raise the risk of the euro falling to parity against the dollar as early as this month, Monex said....
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Gold futures jumped after the release of the jobs report, nearing the record of $2,800 an ounce set in October, amid uncertainties over the impact of future U.S. policy on the economy and inflation....
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Analysts and market strategists love to predict what markets will do in the year ahead. Don’t let this misguided ritual blind you to what assets are really worth....
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U.S. Treasury yields gained, led by shorter-term maturities, as investors further reduced bets on rate cuts this year after a surprisingly strong December jobs report. Principal Asset Management saw the data as “punishing news” for global bonds, particularly gilts....
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