USD is softer against most G10 peers overnight, weighed by a disappointing ADP report. US 10-yr yields dropped alongside, and are near the lowest level since early Feb. (~1.86%). AUD and NZD are the biggest laggards thou…
USD is softer against most G10 peers overnight, weighed by a disappointing ADP report.
US 10-yr yields dropped alongside, and are near the lowest level since early Feb. (~1.86%).
AUD and NZD are the biggest laggards though, with iron ore still tracking lower and the largest m/m drop in Fonterra's dairy auction since mid-2010 (see NZD).
CAD is at the other end of the spectrum, outperforming with the help of a jump in oil, potentially supported by Iran nuclear negotiations dragging on (WTI up >4%).
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
