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Dow Soars Over 400 Points, Hits All-Time High As Rate Hike Odds Fall On Weak Jobs Report — Hassett Says US Economy Is 'Very Strong'
According to the Bureau of Labor Statistics, nonfarm payrolls in June increased by a seasonally adju...
The June jobs report laid an egg: The US only added roughly half of what economists had forecast — what it means for you
Payrolls badly missed the 115,000 economists expected, and the unemployment rate's dip to 4.2% maske...
Euro hits nine-day high after softer-than-expected US NFP
The Euro (EUR) gains against the US Dollar (USD) on Thursday after weaker-than-expected US Nonfarm P...
Canada: Fragile economy under trade and energy strain – Rabobank
Rabobank describes Canada’s economy as fragile, with back-to-back quarterly contractions marking a technical recession and weak investment and trade dragging growth.
The equity supply trap has opened
Bloomberg macro strategist Simon White warns that rising equity issuance is a signal investors should not ignore. Historically, major peaks in gross issuance have often appeared near market tops, corr ...
Chinese Yuan: Uptrend against US Dollar intact amid trade surplus – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad reports that USD/CNH is falling toward support at its June multi-year low as broad Dollar weakness combines with China’s stronger-than-expected trade surpl ...
South Korean Won: Policy support aims to stabilise Won – Commerzbank
Commerzbank’s Charlie Lay explains that Korean authorities announced new measures to support the Korean Won, including tighter oversight of offshore FX derivatives, scrutiny of suspected misconduct, a ...
United States Wholesale Inventories above forecasts (0.5%) in April: Actual (0.6%)
United States Wholesale Inventories above forecasts (0.5%) in April: Actual (0.6%)
United States Existing Home Sales (MoM) came in at 4.17M, above expectations (4.07M) in May
United States Existing Home Sales (MoM) came in at 4.17M, above expectations (4.07M) in May
United States Existing Home Sales Change (MoM) rose from previous 0.2% to 3.2% in May
United States Existing Home Sales Change (MoM) rose from previous 0.2% to 3.2% in May
British Pound gains as report of a BoJ bond-tapering pause weighs on the Japanese Yen
The British Pound (GBP) strengthens against the Japanese Yen (JPY) on Tuesday as easing tensions in the Middle East support risk-sensitive assets, while the Japanese Yen comes under pressure after Reu ...
Canadian Dollar: Steady near year-to-date ceiling against USD – Scotiabank
Scotiabank’s Analyst Team describes USD/CAD as little changed near the top of its year-to-date range, with conditions favouring at least a minor Canadian Dollar rebound as risk sentiment improves.
Cognizant (CTSH) forecast: Blue box support could trigger next advance to triple digits
Cognizant Technology Solutions Corporation (CTSH) provides consulting, technology & outsourcing services in North America, Europe & Internationally. It operates through four segments: Financial servic ...
Euro: Dependent on Dollar moderation – NBC
National Bank Canada's (NBC) Stéfane Marion and Kyle Dahms observe that the Euro has softened alongside the broader USD rally, even as Eurozone inflation has reaccelerated and pushed the ECB toward a ...
Japanese Yen: JGB focus shapes FX outlook – Rabobank
Rabobank's Senior FX Strategist Jane Foley discusses how prospective Bank of Japan (BoJ) policy shifts on JGB purchases and rate hikes could influence the Japanese Yen (JPY).