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Weekly economic and financial commentary
The Forex Market· 2 hours agoUnited States: July Cut Bites the Dust; September Hanging on Edge of Its Seat The strong job gain and rebound in average hourly earnings in May reaffirm...
Gold Forecast: Downside persists as September Fed rate cut hangs in the balance
The Forex Market· 4 hours agoGold lost its bullish momentum on Friday, ending the week little changed. The Fed’s policy...
Major Averages Posting Modest Gains In Afternoon Trading
RTT News· 3 hours agoWith the upward move on the day, the S&P 500 has reached a new record intraday high. The Dow is up 78.74 points or 0.2 percent at 38,964.91, the Nasdaq is up 36.01 points or 0.2 percent at 17,209.13 ...
Labor Heats Up Again: Jobs +272K, Unemployment +4.0%
Zacks· 16 hours agoThe all-important Employment Situation report is out this morning, an hour ahead of the opening bell. Results from the Bureau of Labor Statistics (BLS) for May are well beyond ...
U.S. Stocks Move Modestly Higher After Seeing Initial Weakness
RTT News· 5 hours agoThe initial weakness on Wall Street came as a Labor Department report showing much stronger than expected job growth in April offset recent optimism about the outlook for ...
Morning Bid: Dazed dollar set for more macro jolts?
MSN News· 4 days agoA look at the day ahead in European and global markets from Kevin Buckland The once invincible dollar was still reeling on Tuesday after more macro...
The cost of your next flight is likely to go up, industry group warns
FOX 29 Philadelphia· 4 days agoAs carriers recover from worldwide groundings during the pandemic, industry leaders said there are...
Fed Rate Cut Bets Grow but Dollar Steadies, BoC to Likely Cut | Investing.com
Investing.com· 2 days agoAfter repeated setbacks, the needle finally seems to be shifting for the Fed to start cutting rates...
"Eye-popping" May US payrolls jump may set back Fed ease
Reuters via Yahoo Finance· 8 hours ago“It's really quite difficult for the Fed to be anywhere near a rate cut…We see the odd weak reading...
Jobs report to highlight shift from hot inflation to cooling labor market
TheStreet.com· 1 day agoThe Labor Department's May jobs report will be key to the market's autumn interest-rate bets. The U.S. job market is running out of steam but remains resilient enough to likely ...
