Barrick Gold | Market Rundown
Powell Does it His Way
“[Regrets], I’ve had a few "”
-Jerome Powell May 3rd
Today:
Market Rundown
JPM-”The End is Near”, Barrick Gold Report
Payrolls previews by GS and JPM
Zen Moment: Karate Kid
1- Market Rundown
Good Morning. The dollar is down 14. Bonds are slightly weaker. Stocks are stronger by 65 bps on average with the Nasdaq up 95 points. Gold is down $10. Silver Fu. are down 5c. Oil is up $1.70 Nat gas is unchanged. Grains are all up uniformly at 65bps. Crypto is up around 1%
Today is the monthly Jobs report. Consensus:
NFP: +185k median headline, (prior 236k)
Unemployment Rate: 3.6%, (prior 3.5%)
Average Hourly Earnings: +0.3%M/M (prior 0.3%)
Continues Below