The USD is lower after the lower PPI data and the higher initial and continuing claims. The weakness in the jobs is a shift from …
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US-Iran talks scheduled for this Sunday are evidently still set to go ahead but the picture is looking increasingly bleak. “We will continue enrichment and …
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Initial jobless claims: Prior week initial jobless claims 247K revised to 248K Initial jobless claims 248K versus 240K estimate. Highest since October 2024 4 week …
Prior was +2.4% (revised to +2.5%) PPI +0.1% m/m vs +0.2% expected Prior m/m -0.5% (revised to -0.2%) Ex food and energy +3.0% y/y vs …
The EURUSD is racing to new highs as markets react to US policy, and perhaps some recognition that the ECB has done its easing while …
The US dollar is in freefall against the euro today and Treasury yields are sliding further. I suspect a big part of that is angst …