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US ADP Employment Change 4-week average drops to 8.25K
Private-sector hiring in the US has further cooled in late July. According to the NER Pulse, the weekly companion to the ADP National Employment Report, companies added an average of 8.25K jobs per week in the four weeks ending July 25.
Australian Dollar: RBA softens hawkish stance â BBH
Brown Brothers Harrimanâs (BBH) Elias Haddad reports the Reserve Bank of Australia (RBA) delivered a less hawkish hold, keeping rates at 4.35% and judging policy âsomewhat restrictiveâ as the labor market has eased more than expected.
United States ADP Employment Change 4-week average fell from previous 15K to 8.25K in July 18
United States ADP Employment Change 4-week average fell from previous 15K to 8.25K in July 18
Silver retreats toward $65.00 as Oil rebound revives inflation concerns
Silver (XAG/USD) extends its correction on Tuesday and trades around $65.05 at the time of writing, down 2.31% on the day.
Mexico Industrial Output (YoY) came in at 1.7%, above forecasts (1.1%) in June
Mexico Industrial Output (YoY) came in at 1.7%, above forecasts (1.1%) in June
Mexico Industrial Output (MoM) below forecasts (0.3%) in June: Actual (0.2%)
Mexico Industrial Output (MoM) below forecasts (0.3%) in June: Actual (0.2%)
Brazil IPCA Inflation above forecasts (0.03%) in July: Actual (0.07%)
Brazil IPCA Inflation above forecasts (0.03%) in July: Actual (0.07%)
US Dollar: CPI keeps USD in tight ranges â OCBC
OCBCâs Sim Moh Siong and Christopher Wong note the US Dollar (USD) softened as Fed hike expectations moderated and the US yield curve steepened.
Swiss Franc holds below 0.8100 US Dollar with US-Iran negotiations deadlocked
The Swiss Franc trades practically flat against the US Dollar (USD) on Tuesday, consolidating halfway through last weekâs trading range.
GBP/USD Price Forecast: Holds Descending Triangle breakout
The GBP/USD pair trades marginally lower at around 1.3500 during the European trading session on Tuesday.
Qatar says Oman-Iran talks reach advanced stage
Talks between Oman and Iran have reached an advanced stage, Qatarâs Foreign Ministry spokesperson said on Tuesday.
Natural gas: European prices surge as LNG flows stall â ING
ING strategists Warren Patterson and Ewa Manthey report that European Natural gas benchmark TTF jumped over 9%, moving back above EUR60/MWh as hopes for a USâIran deal fade.
Gold pauses near two-month high as Oil swings shape Fed outlook
Gold (XAU/USD) pauses its rally on Tuesday after hitting a two-month high of $4,435 earlier in Asian trading hours. Price action remains driven by movements in Oil prices and their impact on the Federal Reserveâs (Fed) interest-rate outlook.