FXTrading.com’s Exclusive Market Insights for 6 June
US employment data came out on Friday and it slightly beat expectations. Telsa also announced that it is going to cut 10% of its staff. This potentially suggests employment has peaked. Elon Musk has also said that he has a ‘bad feeling about the economy.?
I sold the Nasdaq on the back of that – turned out to work as the market sold all night ending on the low.?
?That’s the state of the market as of 6 June – FXTRADING.com hopes that these insights prove useful to its clients and followers.???
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