News
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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
Vietnam hails US pact a boost for business as firms await deal details
Vietnam 'highly values' Trump's attentionScant details on agreement, high levy on transhipmentsBusinesses awaiting clarity on rules Deal follows big push from Vietnam to avert 46% tariffsBy Phuong Nguyen and Khanh Vu HANOI, July 3 (Reuters) - Vietnam hailed a long-awaited trade deal w...Reuters
Thu, Jul 3
