Macro News
Market coverage tagged Macro.
- Market Flux Event
Yen Gives Back Half Its Intervention Gains as USD/JPY Bears Eye Key Resistance Ahead of US CPI
The Japanese yen weakened roughly 1% on Monday, erasing half of the gains produced by a landmark coordinated intervention in which the US Treasury and Japan's Ministry of Finance jointly…
- Market Flux Event
Oil Surges 5% as Hormuz Talks Stall, Stocks Flat Ahead of Wednesday CPI
Oil prices surged sharply on Monday as negotiations to reopen the Strait of Hormuz broke down, with Brent crude settling at $87.72 a barrel, up 4.7%, and West Texas Intermediate gaining…
- Market Flux Event
S&P 500 Futures Edge Higher as Hormuz Deal Uncertainty and Inflation Data Loom
S&P 500 and Nasdaq futures inched higher Monday morning as investors weighed conflicting signals over a potential Strait of Hormuz agreement and looked ahead to key inflation data. The…
- Market Flux Event
US Jobs Report Shows Unexpected Loss, Dampening Fed Rate Hike Expectations
The US economy unexpectedly shed 23,000 jobs in July, signaling labor market weakness and reducing pressure for a September Fed rate hike. The disappointing data triggered a dollar decline…
- Market Flux Event
Trump Renews Effort to Remove Federal Reserve Governor Lisa Cook
President Trump is moving forward with attempts to fire Federal Reserve Governor Lisa Cook following a Supreme Court ruling, reviving an effort after an earlier setback.
- Market Flux Event
Stocks Edge Higher as Weaker-Than-Expected July Jobs Report Lifts Tech Shares
Major indexes opened higher Friday following a surprise miss in July payrolls data. The Nasdaq led gains, rising 0.78% to 26,553, while the S&P 500 added 0.34% to 7,736 and the Dow climbed…
- Market Flux Event
Canada Adds 75,100 Jobs in July, Unemployment Hits Two-Year Low
The Canadian economy unexpectedly added 75,100 jobs in July, surpassing analyst expectations. The unemployment rate fell to its lowest level in two years, marking a significant employment…
- Market Flux Event
US Economy Sheds 23,000 Jobs in July as Labor Market Weakens, Fed Rate Hike Odds Plunge
The US economy unexpectedly lost 23,000 jobs in July, the Bureau of Labor Statistics reported Friday, falling far short of economist forecasts for an 80,000 gain. The surprise decline marks…