US Treasuries Bull Steepen as Private Payrolls Unexpectedly Weaken
US Treasury yields fell sharply, led by short-term maturities, after private payrolls posted an unexpected decline, fueling recession fears and boosting rate cut expectations.
[New York Gold Prices] Drop Over 1% on Profit-Taking
Gold futures in New York fell over 1% as investors took profits, with market focus remaining on Fed rate cut expectations and upcoming US jobs data.
[Today's Forex Dealer Expected Exchange Rate Range]Dollar-Won Expected to Trade Near 1,460 as Dealers Eye Limited Downside on Mixed US Data
South Korean dealers expect the dollar-won exchange rate to trade near 1,460 won, with limited downside as weak US jobs data and ongoing settlement demand shape market direction.
The dollar-won exchange rate reversed earlier gains overnight, closing at 1,403 won after weak US private employment data fueled expectations of a Federal Reserve rate cut and triggered a stronger won trend.
#YonhapInfomax #DollarWon #ExchangeRate #FederalReserve #PrivateEmployment #ADPReport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=84443Dollar-Won Reverses Gains Overnight on US Private Employment Shock, Closes at 1,403 Won
The dollar-won exchange rate reversed earlier gains overnight, closing at 1,403 won after weak US private employment data fueled expectations of a Federal Reserve rate cut and triggered a stronger won trend.
US Treasuries Surge as Private Payrolls Sharply Undershoot Expectations
US Treasury yields tumbled as May private payrolls posted the weakest gain since March 2023, fueling bets the Fed could accelerate rate cuts.
US Private Sector Employment Rises by 155,000 in March, Significantly Exceeding Market Expectations
US private sector employment surges by 155,000 in March, beating expectations of 105,000, with broad-based gains across industries and company sizes
US Private Sector Employment Rises by 77,000 in February, Half of Forecast (Update)
US private sector employment growth in February falls short of expectations, adding only 77,000 jobs amid policy uncertainty and consumer spending slowdown
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