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UK Gilt Yield Trim Gains on Weak US Jobs Data
2+ hour, 49+ min ago (157+ words) UK 10-year gilt yields gave up early gains to fall below 2. 8% as weaker-than-expected US jobs data prompted investors to scale back expectations for further Federal Reserve rate hikes. The US economy added just 57, 000 jobs last month, well below forecasts, while…...
Why is Seoul hesitating on power for Honam chips?
1+ hour, 41+ min ago (177+ words) The government says existing nuclear and renewable power can support the proposed Honam semiconductor cluster, but chipmakers warn stable electricity will require more reactors. The challenge extends well beyond the Honam cluster. AI data centers planned across the country are…...
Fed's Daly says US policy "slightly restrictive,' next step uncertain
2+ hour, 23+ min ago (241+ words) July 2 (Reuters) " San Francisco Federal Reserve President Mary Daly said on Thursday that'U. S. monetary policy is "slightly restrictive" but that with "exceedingly strong" investment growth in "AI-related technology and a stable labor market it's unclear "what the Fed's next step…...
Average 30-year US mortgage rate falls to 6. 43%, its lowest level in seven weeks
30+ min ago (122+ words) July 2, 2026, 12: 04 PM The average long-term U. S. mortgage rate fell this week to its lowest level since mid-May, easing borrowing costs for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate fell to 6. 43% from 6. 49% last week, mortgage buyer Freddie Mac said Thursday....
Argentina's country risk hits an eight-year low as rating upgrades lift dollar bonds
8+ hour, 40+ min ago (449+ words) Merco Press Argentina's country risk hits an eight-year low as rating upgrades lift dollar bonds Argentina's country risk closed this week at 421 basis points, its lowest level in eight years, amid a strong recovery in dollar-denominated sovereign bonds driven by…...
Europe surges and dollar slumps following payrolls data
23+ min ago (279+ words) A weaker payrolls reading has pushed European indices higher and driven the dollar into reverse, says Chris Beauchamp, Chief Market Analyst at online trading and investing platform IG. Chris Beauchamp has been with IG for four years, and in that…...
The state of Canada's economy halfway through 2026
19+ min ago (602+ words) As published on Substack Could that mean Canada's economy is through the worst of U. S. tariff impacts and poised for a resurgence in growth? To answer that question, we look at where the Canadian economy stands halfway through 2026. The nation's exporters…...
German DAX On Track for First Record Since January
1+ hour, 35+ min ago (497+ words) Published on 07/02/2026 at 11: 06 am EDT Germany's DAX index is on track to close at its first record high since January due to a fresh government reform package, supportive U. S. jobs data and positive company-specific news. The DAX was up 2. 3% in afternoon…...
British Pound rallies as weak NFP smashes Fed hike bets
27+ min ago (568+ words) The Pound Sterling registers solid gains versus the US Dollar on Thursday after the latest US employment report missed estimates, reducing the chances of a Federal Reserve rate hike. The GBP/USD trades at 1. 3359, down 0. 64%. The US jobs market weakened…...
Dollar slips ahead of June US payrolls as Fed's Warsh keeps inflation focus in spotlight
2+ hour, 11+ min ago (369+ words) We are seeing the US Dollar weaken ahead of the critical Nonfarm Payrolls report, with the DXY trading near 101. 00. The market is holding its breath for this data because the Federal Reserve has explicitly stated it will not provide forward…...