News
Important Only
Canada Exports: $62.45B (May) vs previous $64.45B
Canada Imports dipped from previous $65.5B to $64.37B in May
FxstreetJul 3, 2024
United States Initial Jobless Claims 4-week average up to 238.5K in June 28 from previous 236K
FxstreetJul 3, 2024
United States Initial Jobless Claims came in at 238K, above forecasts (235K) in June 28
FxstreetJul 3, 2024
United States Goods and Services Trade Balance came in at $-75.1B, above expectations ($-76.2B) in May
FxstreetJul 3, 2024
United States ADP Employment Change below expectations (160K) in June: Actual (150K)
Stocks
Paramount Global, Tesla and Philips rise premarket; First Foundation falls
Investing.com -- U.S. stock futures edged higher Wednesday, with investors waiting for important labor data after a dovish speech by Fed chair Jerome Powell.Here are some of the biggest premarket U.S.Investing.com
Jul 3, 2024
Commodities
Natural Gas sees bearish sentiment not fading soon
Natural Gas price (XNG/USD) still stuck in its correction, adding a seventh day for now to the chronicles. The decline is being fueled again by the outlook that European gas storages are still being filled up, despite the current pickup in energy demand.Fxstreet
Jul 3, 2024
Commodities
Gold attempts to break above 50-day SMA after Powell speech
Gold (XAU/USD) rallies into the $2,340s on Wednesday as investors continue to digest the contents of Federal Reserve (Fed) Chairman Jerome Powell’s speech from Tuesday and the shift in monetary-policy stance that his words reflected.
Fxstreet
Jul 3, 2024
Economic Indicator
Fed officials are getting more concerned about the labor market – BBH
Federal Reserve (Fed) Chair Jerome Powell said recent data suggest that they’re getting back on a disinflationary path and that unexpected labor market weakening could prompt a policy reaction, BBH macro analysts note.Fxstreet
Jul 3, 2024
