Dollar gains as strong NFP weighs on Fed cut bets

Dollar gains as strong NFP weighs on Fed cut ...

XM.COMXM.COM

Up next

Mixed risk appetite ahead of pivotal NFP

Send a textUS equities and cryptos reverse Monday’s gains. Focus shifts to nonfarm payrolls after weak US retail sales. A 70k NFP increase is forecast, but speculation is rife about a weaker print. Dollar/yen slide persists; greenback is weak even against the troubled pound.Risk ...  Show more

 . 4min 32sec
Wall Street extends gains but gold slips as dollar firms ahead of data

Send a textStocks climb as AI panic eases; Dow and Nikkei hit new records. Dollarhalts decline as investors await first of trifecta of US data this week. Gold’srebound pauses while Bitcoin hits wall at $70,000. Pound softer as UKyields fall back as Starmer safe for now.Risk Warni ...  Show more

 . 5min 20sec

Recommended Episodes

Late Cycle Bond Trades | Mark Cabana on Mild Recession Case and Treasury Market Supply
Forward Guidance

Mark Cabana, head of US Rates Strategy at BofA Global Research, joins Forward Guidance to share insights on today’s very strange bond market. Cabana, a former officer at the Markets Group at the Federal Reserve Bank of New York, explains his bullish case for the 10-year U.S. Trea ...  Show more

 . 56min 14sec
Precious metals shine as markets open September
Moving Markets

August saw strong gains in global equities, particularly in the Dow Jones, as well as indices in both China, and Japan. Gold has hit a four-month high nearing USD 3,500 per ounce this morning, driven by concerns over the Federal Reserve’s independence and uncertainty around US ta ...  Show more

 . 10min 25sec
Markets rattle as data surprises and tariffs return
Moving Markets

Markets hit some rough patches yesterday, with all major European indices closing lower, followed by similar losses across the three main US benchmarks. Revised US data revealed an upward adjustment to second-quarter GDP, while jobless claims came in below expectations. This prom ...  Show more

 . 13min 31sec
US Assets Are Dead Money Without A Policy Shift | Weekly Roundup
Forward Guidance

This week, we discuss Powell’s hawkish speech, how to think about trading tariffs and the weaponization of the US account deficit, and whether we should expect a significant growth slowdown. We also delve into rate cuts & the yield curve, why Bitcoin is the trade after the trade, ...  Show more

 . 53min 24sec