Futures Still Higher Even With Unexpected Jobless Data

Published: May 4, 2023, 2:45 p.m.

b'What does the latest jobless data indicate? Is this what the Federal Reserve wants to see? Dan Deming says that is unlikely, but Futures products are going higher, regardless. The ADP number came in stronger than expected. Also, what is behind the volatility in the crude oil price? Deming states that there is nervousness around China. The Caixin Manufacturing PMI came in at 49.5.'