Since unemployment was higher than expected and is potentially nearing a cycle high, the CME FedWatch tool reported that bets for a Fed interest rate cut in September improved to 87% on August 1 from ...

DXY is a flamed-out rocket. AUD chaos! AUD big short still intact. Lead boots into the pit. Gold up, oil down. Metals mixed.

Read here for an analysis of July jobs report's impact on the US economy, inflation trends, and rate cut expectations.

John Williams, president of the Federal Reserve Bank of New York, discussed the outlook for the labor market, inflation and ...