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USD, yields rebound despite steep US jobs revision – BBH
USD and 2-year Treasury yields rebounded yesterday despite confirmation of a sharp slowdown in US labor demand. The Bureau of Labor Statistics (BLS) preliminary benchmark revisions to net payroll growth was larger than expected.Fxstreet
49 minutes ago
Dow Jones futures move little ahead of US PPI inflation
Dow Jones futures are steady, edging down 0.04% to trade around 45,700 during European hours on Wednesday, ahead of the United States (US) market open. However, the S&P 500 futures advance 0.20% to trade near 6,550, while Nasdaq 100 futures climb 0.28% to trade near 23,950.Fxstreet
2 hours ago
Euronext Expands Amsterdam's AEX Index To 30 Constituents As Of Sept. 22
Sept 9 (Reuters) - Euronext ENX.PA on Tuesday announced quarterly review of the AEX family indices, effective from September 22. AEX .AEXInclusion of:Exclusion of:CVC CAPITAL PARTNERS-INPOST-JDE PEET'S-JUST EAT TAKEAWAY-WDP- AMX .AMXInclusion of:Exclusion of:AMGCVC CAPITAL PARTNERSFLOW TRADE...Reuters
18 hours ago
USD: Focus on payroll revisions – ING
The most recent leg of the dollar bear trend has been triggered by the soft US labour market. July and August NFP data have forced the Fed to reassess its assumption of a 'solid' labour market, and the Fed looks set to restart its easing cycle next week, ING's FX analyst Chris Turner notes.Fxstreet
Tue, Sep 9
Dow Jones futures inch higher due to rising odds of a bumper Fed rate cut
Dow Jones futures move little, edging up 0.05% to trade around 45,600 during European hours on Monday, ahead of the United States (US) market open. Meanwhile, the S&P 500 futures advance 0.13% to trade above 6,500, while Nasdaq 100 futures climb 0.23% to trade near 23,850.Fxstreet
Tue, Sep 9
US payrolls benchmark revision promises more excitement than usual – Commerzbank
There are two possible reasons for the rise in UST yields: 1) The supply of government bonds in Western countries has continued to rise in recent years, causing yields to rise. 2) The market expects the Fed to cut interest rates, thereby fuelling inflationary pressure and forcing it to raise interesFxstreet
Tue, Sep 9
US Dollar Index strives to gain ground near 97.30 ahead of US NFP benchmark revision data
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, strives for a firm footing during the European session on Tuesday after posting a fresh six-week low near 97.30 earlier in the day.Fxstreet
Tue, Sep 9
US Dollar Index softens below 97.50 as traders ramp up Fed rate cut bets
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, extends its downside to around 97.40 during the Asian session on Tuesday. The expectations of jumbo rate cuts by the US Federal Reserve (Fed) undermine the DXY.Fxstreet
Tue, Sep 9
Dow Jones Industrial Average churns in place as traders await inflation data
The Dow Jones Industrial Average (DJIA) churned chart paper on Monday, finding a near-term floor at the 45,400 level. Investors continue to lean into bets that the Federal Reserve (Fed) will deliver an interest rate cut on September 17.Fxstreet
Mon, Sep 8
United States FX Today: US Dollar to face annual NFP revision
The US Dollar starts the week on the defensive ahead of the release of the preliminary estimate of the annual revision of Nonfarm Payrolls (NFP) by the Bureau of Labor Statistics (BLS) on Tuesday, September 9 at 14:00 GMT.Fxstreet
Mon, Sep 8
Dow Jones futures tick higher as prospects for Fed rate cut strengthen
Dow Jones futures rise 0.15% to trade above 45,500 during European hours on Monday, ahead of the United States (US) market open. Meanwhile, the S&P 500 futures gain 0.18% near 6,500, while Nasdaq 100 futures climb 0.31% to around 23,750.Fxstreet
Mon, Sep 8
