The quiet comes before the vote on the so-called big, beautiful budget blll and the US employment data in the US. The jobs data is a day early due to the US Independence Day holiday tomorrow. The markets will close early today with the stock markets closing at 1 PM in the bond market closing at 2 PM ET.
?? US Employment Data (June)
Private Payrolls: Forecast 105k | Prior 140k
Government Payrolls: Forecast — | Prior -1k
Average Earnings MM: Forecast 0.3% | Prior 0.4%
Average Workweek Hours: Forecast 34.3 | Prior 34.3
U6 Underemployment: Forecast — | Prior 7.8%
Other economic data due at 8:30 AM will include:
Goods Trade Balance (R, May): Forecast — | Prior -96.59B
Jobless Claims 4-Week Avg (28 Jun): Forecast — | Prior 245.00k
?? Canada Trade Balance (C$, May): Forecast -5.90B | Prior -7.14B
In other news:
U.S. Treasury Sec. Bessent said that he is meeting with EU officials today and warns countries not to drag Trade talks as tariffs can go back to April 2 levels.Dow industrial average +36.5 pointsS&P index + 1.8 pointsNASDAQ index +6.85 points
Looking at the US debt market, yields are lower:
2-year yield 3.760%, -2.9 basis points5- year yield 3.843%, -2.6 basis points10-year yield 4.259%, -3.4 basis points30 year yield 4.790%, -3.2 basis pointsIn other markets, the snapshot shows:
Crude oil $-0.13 or -0.19% at $67.32. Yesterday the price moved back above the 50% midpoint of the move up from the April low at $66.33. The price is also back above the falling 200 hour moving average at $67.34. Gold is down $11.22 or -0.33% at $3346.18.Silver is up $0.34 or 0.94% at $36.90Bitcoin is up $818 at $109,703. The high price reached $110,292. The all-time high prices at $112,000 This article was written by Greg Michalowski at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( The US dollar is little changed and mixed ahead of the US jobs report )
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