Author: FX
US Treasury yields drop across the curve on Friday amid growing speculation that the Iran-Oman deal is about to be sealed, which has so far pushed energy prices lower, while investors also digest a weak Nonfarm Payrolls report in the US.Yields slide across the curve as Oil declines, payrolls disappoint and traders price out September Fed tighteningRecently, a US official said that there has been progress between Oman and Iran on Hormuz, and that once a deal is announced to restore shipping without impediments, the US Navy will lift the blockade of Iranian ports.West Texas Intermediate (WTI), the US crude…
The US labour market debate is divided. Ask consumers and they’ll tell you hiring conditions are the worst since the mid-2010s (ex-pandemic). Ask the initial claims data and you’d conclude companies won’t let anyone go. Today the Fed’s Barkin reiterated that it’s a low-hire, low-fire economy.Zoom out and the pain is concentrated in one place: people trying to get their first real job.National Bank’s Jocelyn Paquet flags it in this week’s Hot Chart. The unemployment rate for recent graduates is running at 5.7% versus 4.1% for all workers. That might not sound dramatic until you consider the history: from 1990…
US official says there is progress on Iran-Oman on Strait of Hormuz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
EUR/JPY trades on the back foot on Friday, easing away even as the Euro (EUR) posts solid gains against the US Dollar (USD). The Japanese currency surged suddenly near the start of the American session after a surprisingly weak United States (US) employment report. But the cross recovered much of those losses fairly quickly.Japan and the United States conducted coordinated Yen-buying intervention last Friday, a rare bilateral action, and that memory is enough to make traders reluctant to sell the Yen into a US Dollar that fell over 1% against the Yen during the early American session on Friday. The…
Earnings week ahead preview: The season’s last big week belongs to the neoclouds !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Oil +3 to 454Nat gas -3 to 124The US hasn’t been able to bring on much oil production since Trump came to office. The mantra of producer discipline is finally taking hold. I’d also be vary wary of adding given how quickly oil has dropped every time there has been a sign of peace. This article was written by Adam Button at investinglive.com. Source link
Bitcoin Holds $65,000 as Ethereum Tests Support: Is the Crypto Breakout Still Alive? !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Canada added 75,000 jobs in July 2026, far above forecasts, pushing unemployment to a two-year low of 6.4%. But wage growth is cooling fast. Source link
New York Fed survey: One year inflation expectations dip to 3.6% from 3.7% !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
U.S. payrolls fell 23,000 in July 2026, far below forecasts. May and June were revised down 103,000 combined, clouding the outlook for the Fed’s September meeting. Source link