Markets Weekly Outlook - U.S. Inflation On Deck As Trade Uncertainty Lingers

Dean Popplewell
3.58K Followers
(7min)

Summary

  • Wall Street's main indexes were set to end the week on a high note, after a better-than-expected jobs report calmed worries about the economy.
  • The S&P 500 hit its highest in over three months on Friday and remains nearly 2.4% below record highs touched in February.
  • On the commodities front, Gold surrendered most of its early week gains to trade around 0.83% higher for the week.
  • Oil prices ended the week on the front foot as US-China talks as well as US jobs data.

Red Tariffs and Inflation labels on a hundred dollar bill

zimmytws

By Zain Vawda

Week in review: Trade Uncertainty Lingers, US Data Positive… For Now

Wall Street's main indexes were set to end the week on a high note, after a better-than-expected jobs report calmed worries about the economy, while Tesla (

This article was written by

3.58K Followers
Dean Popplewell has nearly two decades of experience trading currencies and fixed income instruments. He has a deep understanding of market fundamentals and the impact of global events on capital markets. He is respected among professional traders for his skilled analysis and career history as global head of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean has played an instrumental role in driving awareness of the forex market as an emerging asset class for retail investors, as well as providing expert counsel to a number of internal teams on how to best serve clients and industry stakeholders.

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