Nonfarm payrolls declined by 23k in July, well below the Bloomberg consensus forecast calling for a gain of 80k. The prior two months were revised lower by a total of 103k – pushing the three-month average down to 20k (from 77k in June). Government hiring contracted by a sizeable 53k – largely driven by a […]
The post US: Payrolls Disappoint in July, But the Unemployment Rate Falls to 4.1% appeared first on ActionForex.
Last week, gold posted a modest July gain, which has already given buyers a significant boost this week. With prices up 6.5% since the start of the week, gold has confirmed a major technical breakout, Read more…
Investors can return from their summer holidays and take comfort in noting that the collapse of the ceasefire in the Middle East has not derailed global growth. The latest PMIs reflect resilient growth particularly in Read more…
US inflation data to guide Fed rate hike expectations. A hawkish BoJ summary of opinions could support the Yen. RBA could still sound hawkish amid sticky inflation. UK GDP and activity figures to shape sterling Read more…