Markets Payrolls have arrived. Net job creation in the US amounted to 206k in June. While slightly topping the 190k estimate, it came with a significant downward revision for the previous two months (-111k). In Read more…
When it comes to the U.S. economy – there’s what people think is happening, and then there’s what’s actually happening. Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, joins TheStreet to discuss the disconnect Read more…
Non-farm employment increased by 206k in June, slightly above market expectations for a gain of 190k. However, job gains for the prior two months were revised materially lower by roughly 111k jobs. Private payrolls rose Read more…
Canadian employment was essentially unchanged in June (-1.6k), disappointing expectations for a modest 25k gain. Job losses were once again in full-time positions (-3.4k), while part-time jobs rose only slightly (1.9k). As a result, the Read more…
Transcript: CONWAY GITTENS: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Investors are reacting to the June jobs report – the U.S. economy added 206,000 jobs in Read more…
Daily Pivots: (S1) 160.92; (P) 161.30; (R1) 161.66; More… Outlook in USD/JPY is unchanged and intraday bias remains neutral at this point. Further rally is expected as long as 160.25 minor support holds. Break of Read more…
Daily Pivots: (S1) 0.8983; (P) 0.9012; (R1) 0.9031; More… Intraday bias in USD/CHF remains neutral first as consolidation from 0.9049 is extending. Further rise is mildly in favor as long as 0.8956 support holds. Above Read more…
Daily Pivots: (S1) 1.2744; (P) 1.2756; (R1) 1.2772; More… Intraday bias in GBP/USD remains on the upside for the moment. Rise from 1.2612 is in progress for retesting 1.2859 high. Firm break there will resume Read more…
Daily Pivots: (S1) 1.0791; (P) 1.0804; (R1) 1.0825; More…. Intraday bias in EUR/USD remains on the upside for the moment. Rise from 1.0665 is in progress to 1.0915 resistance first. Firm break there will resume Read more…
Dollar weakened broadly after the release of the US Non-Farm Payroll report, though the initial selloff was far from decisive. June’s employment data showcased a robust labor market with near-average job and solid earnings growth Read more…