20:36:06
The inversion between U.S. 2-year and 10-year Treasury yields narrowed to 5.7 basis points after the release of the employment data.
20:35:31
Money markets are pricing in a further ECB rate cut of around 70 basis points in 2024, compared with expectations of around 60 basis points before the U.S. data.
20:32:04
Traders are betting the Fed will cut interest rates by 50 basis points in September after the unemployment rate rose to 4.3% in July.
20:31:32
After the release of U.S. non-farm data, traders increased their bets on a large interest rate cut by the Federal Reserve in the future.
20:31:21
U.S. short-term interest rate futures surged after the jobs data as traders increased bets on a big rate cut by the Federal Reserve.
20:30:50
The average hourly wage in the United States rose 3.6% year-on-year in July, the lowest level since May 2021.
20:30:29
[US unemployment rate rises] The U.S. unemployment rate was 4.3% in July, the highest since October 2021.
20:30:15
[U.S. non-farm data cooled as expected] The U.S. non-farm payrolls in July were 114,000, the smallest increase since April 2024, after seasonal adjustment.
20:30:04
The U.S. unemployment rate in July was 4.3%, in line with expectations of 4.10% and the previous value of 4.10%.
20:30:03
The U.S. U6 unemployment rate was 7.8% in July, compared with 7.40% in the previous month.
20:25:32
Market news: Turkish Foreign Minister visited Ethiopia on August 2.
20:15:02
On August 2, local time, the Ukrainian Cabinet decided at a government meeting held that day to terminate the agreement on cooperation in the field of communications with Russia and Belarus.
20:13:26
Chevron (CVX.N) CEO: Second quarter is a "difficult to predict" period for analysts.
19:59:13
Bank of England chief economist Peel: We should not commit to further cuts in interest rates in the short term.
19:58:54
Bank of England Chief Economist Peel: We cannot take UK inflation lightly.
19:56:58
Bank of England Chief Economist Peel: Wages, prices and profit margins are growing strongly.
19:56:19
Bank of England Chief Economist Peel: The Monetary Policy Committee unanimously agreed that we still see (the risk of) a second round of inflation.
19:53:57
Bank of England chief economist Peel: "There is still a little distance" in (fighting) inflation.
19:53:17
Bank of England Chief Economist Peel: Paying attention to UK inflation expectations.
19:52:33
Bank of England chief economist Peel: It is "a bit premature" to say inflation has fallen.