About
Advertise
Contact

Image Not Found

Image Not Found

amazon-to-reverse-nasdaq-losses,-nfp-wages-growth-in-focus

Amazon to reverse Nasdaq losses, NFP wages growth in focus

By BizTech Weekly Feb 4, 2022

Facebook, Apple, Amazon, Google, Netflix and Netflix both lost big at this latest earnings season. Wages growth will be more important than the number of nonfarm jobs added to the US economy at today’s release. Higher wages mean a stickier inflation and a more hawkish Fed policy. The European Central Bank (ECB) President Lagarde finally said that inflation in Europe would last longer than they expected due to soaring energy prices. The EURUSD rallied to 1.1470 post-ECB, pulling out its 100-DMA for the first time since last June. The next important resistance stands near 1.1550, which is the 38.2% Fibonacci retracement on last May – this January decline. . . .

Read more at www.fxstreet.com

BizTech Weekly

fabled sky research biztech weekly sponsor ad — Sponsored by Fabled Sky Research

Trending Stories

Discover More

A humanoid robot stands in a busy exhibition space, surrounded by people using their phones. Bright screens and colorful displays create a vibrant atmosphere, showcasing technology and innovation at the event.

Two smiling individuals pose for a selfie in a park, surrounded by palm trees and greenery. The sun is setting, creating a warm, inviting atmosphere. Both appear happy and relaxed.

A person runs along a sandy beach, wearing a black tank top, shorts, and turquoise socks. The ocean is visible in the background under a clear sky, creating a serene atmosphere for exercise.

A young girl in a blue dress and straw hat stands on a white stone path, overlooking a picturesque coastal village with colorful buildings, a harbor, and a rocky hill under a clear blue sky.

Two young men are enjoying ice cream cones in a kitchen. One holds a cone with toppings, while the other playfully bites into an empty cone. The background features kitchen shelves and a window.

A presenter stands in front of a large screen displaying colorful graphics, showcasing multiple computer monitors and a sleek computer tower in a modern, minimalist setting.

A colorful graphic featuring a character on a motorcycle, alongside various cameras in vibrant colors. Below, a music player interface displays the song title "Africamérica" and playback controls.

A vibrant, surreal scene depicting figures around a large Bitcoin symbol, with dollar signs and green accents. The setting features classical columns and a mix of modern and traditional elements, suggesting themes of wealth and technology.

A man holds a Costco membership card while smiling and speaking. In the background, people are watching, and a decorated Christmas tree is visible, suggesting a festive atmosphere in a retail setting.