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Sri Lanka's economic outlook positive but global trade concerns pose risks, IMF says
COLOMBO, July 3 (Reuters) - Sri Lanka's economic outlook remains positive, but global trade policy uncertainties pose significant risks to macroeconomic and social stability, the International Monetary Fund (IMF) said on Thursday.Sri Lanka, which plunged into financial crisis due to a record sho...Reuters
Thu, Jul 3
US trade deficit widens in May on weak exports
WASHINGTON, July 3 (Reuters) - The U.S. trade deficit widened sharply in May as exports fell, but subsiding imports suggested trade could still lead an anticipated rebound in economic growth in the second quarter. The trade gap increased 18.7% to $71.5 billion in May, the Commerce Department's B...Reuters
Thu, Jul 3
TREASURIES-US yields advance after stronger-than-expected June payrolls
By Gertrude Chavez-Dreyfuss NEW YORK, July 3 (Reuters) - U.S. Treasury yields rose on Thursday after data showed the world's largest economy created more jobs than expected last month, supporting the Federal Reserve's patient stance on cutting interest rates.U.S. two-year yields, which tr...Reuters
Thu, Jul 3
U.S. June NFP Jobs Report Unexpectedly Strong — Unemployment Drops to 4.1%, Crushing July Rate Cut Odds
TradingKey - On Thursday, July 3, the U.S. Bureau of Labor Statistics released data showing that the June nonfarm payrolls rose by 147,000, far exceeding the expected 110,000, and up from the previous reading of 139,000. More surprisingly, the unemployment rate fell to 4.1%, down from 4.2%, and well
U.S. weekly new jobless claims drop to 6-week low
July 3 (Reuters) - The number of Americans filing new applications for jobless benefits fell to a six-week low last week, but the ranks of those continuing to collect benefits after their initial week held steady at the highest in nearly four years in the prior week. Initial claims for state unemplo...Reuters
Thu, Jul 3
Traders pare bets on Fed rate cuts after jobs report
July 3 (Reuters) - A still-strong job market will keep the Federal Reserve from cutting interest rates until September, and from delivering more than two quarter-point rate cuts all year, traders bet on ThursdayFutures contracts tied to the U.S. central bank's policy rate indicated just a 5% cha...Reuters
Thu, Jul 3
TREASURIES-US yields jump after strong payrolls
NEW YORK, July 3 (Reuters) - U.S. Treasury yields bounced on Thursday after data showed the world's largest economy created more jobs than expected last month, supporting the Federal Reserve's patient stance in cutting interest rates.U.S. two-year yields, which track interest rate expectatio...Reuters
Thu, Jul 3
US: Initial Jobless Claims dropped to 233K last week
US citizens filing new applications for unemployment insurance fell to 233K for the week ending June 28, as reported by the US Department of Labor (DOL) on Thursday. This print came in below initial estimates and the previous week's revised tally of 237K (revised from 236K).Fxstreet
Thu, Jul 3
