TD Securities’ macro team led by Oscar Munoz expects headline US Nonfarm Payrolls to slow to 80k in June, with 55k private and 25k government jobs, marking a return to breakeven job growth. The Unemployment Rate is forecast to edge down to 4.2% as participation slips. The analysts see continued…
Headlines
See All
Nordea strategists examine EUR/DKK trading at its weakest level since the Euro’s introduction and argues Nationalbanken may have quietly shifted its de facto intervention band. They highlight Denmark’s much stronger fundamentals versus the Euro area and notes that the FX spot is above historic intervention levels, suggesting reduced concern about a weaker Danish krone and a more symmetric band.De facto band questioned”The EUR/DKK FX spot is at its weakest level since the EUR was introduced…
German Retail Sales, a key measure of consumer spending, showed a surprise upside in May.…
USD/IDR continues to gain ground for the second consecutive day, trading around 17,940 during the…
Most Popular
Finance news
View More
Carl Rinsch, the director convicted of defrauding Netflix of $11 million, was sentenced on Monday to two and a half years in prison.Much of Monday’s sentencing hearing was spent discussing Rinsch’s mental health, an issue that had played out in court filings but was not part of his criminal trial.…
Business
View More
President Donald Trump on Monday urged gas station owners nationwide to lower prices, warning retailers they could face consequences if they fail to act. The president’s comments came as gasoline prices remain elevated following recent volatility in global oil markets, with Trump arguing retailers should be passing lower crude oil…
Markets
View More
Colorado and Utah are the latest US states to be afflicted with deadly wildfires.Three firefighters recently lost their lives while fighting the fires on the Colorado-Utah border, which have been induced by hot and dry weather paired with windy conditions, PBS News reported. Other states in the region, like Arizona,…
