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U.S. stock futures waver after Friday’s Wall Street selloff; oil falls as OPEC+ extends output boost
U.S. stock-market futures little changed Sunday, after Wall Street ended last week with its worst session since April.
USD/JPY drops from 150.91 to 147.28 on soft Nonfarm Payrolls.Pair falls below 200-day and 20-day SMAs, RSI turns bearish.Next key support sits at 145.71, where 50- and 100-day SMAs converge.The USD/JPY is set to end the week with losses of 0.18% after a worse-than-expected employment report in the United States (US) opened the gates for safe-haven demand, pushing the Japanese Yen higher. This, along with falling US Treasury yields, sent the pair plummeting more than 2%, from around 150.91 to 147.28. At the time of writing, the pair trades at 147.38, near the weekly lows.USD/JPY Price Forecast: Technical outlookThe USD/JPY…
GDP rose by 3% in the second quarter, but the economy added just 73,000 new jobs in July.
Highlights include US ISM Services PMI, BoE, BoJ SOO, Canada & NZ Jobs, China Trade and OPEC+ Newsquawk Week Ahead Highlights: 4th-8th August 2025 SUN: OPEC+ meeting MON: US Employment Trends (Jun), US Durable Goods R (Jun) TUE: Chinese Final Caixin Services and Composite PMI (Jul), EZ/UK/US S&P Global Final Services and Composite PMIs (Jul), Canadian Trade Balance (Jun), US ISM Services PMI (Jul), New Zealand Jobs (Q2) WED: RBI Announcement, German Industrial Orders (Jun), EZ Construction PMIs (Jul), EZ Retail Sales (Jun) THU: BoE Announcement and MPR, CNB Announcement, Banxico Announcement, New Zealand Inflation Forecasts (Q3), German Trade…
‘I worked at 14, had an 8.8% mortgage rate and drove used cars’: Did boomers really have it easier than millennials?
‘We were frugal, using coupons, discount stores, shopping during the sales and eating leftovers,’ one baby-boomer reader writes.
GBP/USD reclaims 1.3200 and beyond on poor US Payrolls The Sterling now gathers some fresh traction and lifts GBP/USD back to the positive territory beyond 1.3200 the figure following the abrup loss of momentum in the Greenback in the wake of the publication of the US jobs report. Read More… Pound Sterling slumps further against US Dollar, US NFP under spotlight The Pound Sterling (GBP) refreshes almost 11-week low at around 1.3160 against the US Dollar (USD) during the European trading session on Friday. The GBP/USD faces selling pressure as the US Dollar extends its upside, with traders paring…
‘I have never been asked for money before’: My friend wants to borrow $1,600 to pay her rent. Do I say yes?
“I have heard mixed reviews on lending people money.”
USD/CHF eases despite strong US data; markets turn cautious ahead of Trump’s tariff deadline
The Swiss Franc stabilizes after a six-day losing streak, with markets turning cautious ahead of the August 1 US tariff deadline.USD/CHF eases modestly from a five-week high of 0.8151, despite strong US data and a hawkish hold from the Federal Reserve.SNB reports a loss of CHF 15.3 billion for the first half of 2025, primarily driven by a sharp decline in the US Dollar, wiping CHF 22.7 billion from the FX portfolio.The Swiss Franc (CHF) steadies against the US Dollar (USD) on Thursday, snapping a six-day losing streak as investors rotate back into the Franc amid renewed safe-haven demand. The…
The social-media platform’s second-quarter revenue and earnings blow past Wall Street’s expectations
Silver extends decline, hovers near $37.50 after hitting a 14-year high of $39.53 on July 23.The US Dollar rallies on strong macro data; Q2 GDP grew 3.0%, beating expectations.The Fed is expected to hold rates at 4.25%-4.50%; political pressure builds after Trump calls for rate cuts. Silver (XAG/USD) drifts lower on Wednesday, hovering around $37.50 after two days of muted, range-bound trading, pressured by renewed strength in the US Dollar (USD). The Greenback extended its rally after a string of stronger-than-expected US economic data, putting pressure on precious metals. At the same time, a broader risk-on tone across global markets…