June Nonfarm Payrolls Miss Estimates, Unemployment Drops But Wages Rise: Investors Assess Fed Path Ahead
The U.S. labor market continues to send mixed signals, as contrasting data emerged in the June jobs report,…
The Chart No Stock Investor Wants To See: 10-Year Treasury Yields Rise Above Inflation For The First Time In Three Years
In a significant market development, the yield on the 10-year U.S. Treasury note surpassed the rate of inflation…
‘NY Fed, Big Banks Report Success With Centralized Blockchain Payments’ – BlockWorks
https://blockworks.co/news/ny-fed-centralized-blockchain-payments
June Jobs Report Preview: Strong Employment Momentum Hints At Upside Surprise In Nonfarm Payrolls Data
With Friday on the horizon, investors are eagerly anticipating the Bureau of Labor Statistics’ job market report for…
US Services Sector Signals Strong Growth, Beats Expectations, Amplifying Rate Hike Concerns
The U.S. economy continues to demonstrate impressive resilience, as indicated by the robust performance of the ISM Services…
ADP Job Growth Soars By 500K, Jobless Claims Ticks Higher: Traders Raise Fed Hike Bets
The U.S. job market has been tight for a very long time and continues to show no indications…
‘Blue Origin Eyes International Expansion’ – Tech Crunch
https://techcrunch.com/2023/07/05/blue-origin-eyes-international-expansion/
Jeff Bezos’ space company Blue Origin is looking to expand into international markets, with the company in the early
Fed Minutes Show Dissent On The Board, Foreshadow More Interest Rate Hikes In 2023: What Investors Need To Know
The minutes of the Federal Open Market Committee (FOMC) meeting on June 14 reveal a strong consensus among…
‘Iran Tried To Seize 2 Oil Tankers Near Strait Of Hormuz And Fired Shots At One Of Them, U.S. Navy Says’ – AP
https://apnews.com/article/gulf-iran-us-tensions-shipping-oil-127f8b77aa7e41dcd8266b6fbe5800dc
Iran tried to seize two oil tankers near the strategic Strait of Hormuz early Wednesday, firing shots at one of
Attention Shifts to Fed Minutes: Volatility May Resume This Week As Markets Do Not Expect Two More Hikes
Investors are eagerly anticipating the release of the Federal Open Market Committee (FOMC) meeting minutes for June, scheduled…