Total employment: +32.6k from +76.5k (revised up from +75.9k); unemployment rate: 3.5% from 3.5% (revised down from 3.6%); participation rate: 66.8% from 66.9%. In June, employment gained 32.6k, or 0.2%, slightly higher than Westpac’s forecast for a +25k lift, but well above the market median forecast for a more modest +15k increase. Over the first […]
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In an interview with Helsingin Sanomat, ECB Vice President Luis de Guindos acknowledged the shifting priorities of the ECB as inflation continues to decline. Inflation is expected to return to the medium-term target of 2% Read more…
Daily Pivots: (S1) 193.16; (P) 193.89; (R1) 194.51; More… No change in GBP/JPY’s outlook and intraday bias stays on the downside. Corrective rise from 180.00 could have completed with three waves up to 199.79. Deeper Read more…
Daily Pivots: (S1) 161.17; (P) 161.64; (R1) 162.30; More…. Further decline is expected in EUR/JPY with 163.19 support turned resistance intact. Corrective rebound from 154.40 could have completed with three waves up to 166.67. Deeper Read more…