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Market Insights Podcast (Episode 327)

Jonny Hart looks back on the week's business and markets news with OANDA Senior Market Analyst Ed Moya in New York. This week they discuss how financial markets reacted to another strong nonfarm payroll report, the FOMC decision, what happened in the oil market, and why cryptos crashed. They also discuss what the week ahead has in store for financial markets.

06-05-2022 17:42 GMT by Edward Moya

US Close: Another strong employment report, Wages growth slows, Stocks volatile, Oil rallies, Gold steadies

US stocks appear to be on a permanent rollercoaster ride as investors debate continued signs of a strong economy alongside rising rates, which remains a drag on higher valuation companies. For Wall Street to remain fully confident in piling back into stocks, inflation needs to be showing signs it is easing and that is not happening yet.

06-05-2022 16:15 GMT by Edward Moya