The crude oil price is scoping new highs as inventories drop and the US economy continues to track along at a clip with jobs data prompting a potentially more hawkish Fed. Where to for WTI?

from DailyFX – Market News https://bit.ly/3D3c10w
via IFTTT

The Japanese yen found some bids after Japanese wages rose significantly more than expected, lowering the hurdle for the Bank of Japan to tweak its ultra-loose monetary policy. What is the outlook for USD/JPY, EUR/JPY, and AUD/JPY?

from DailyFX – Market News https://bit.ly/44cckCf
via IFTTT

Resilient labour market conditions and persistent services sector’s prices were not well-received by Wall Street yesterday, as the data called for a hawkish bias in Fed’s policies.

from DailyFX – Market News https://bit.ly/3JM8wPO
via IFTTT

Gold prices fall and approach an important Fibonacci support zone as U.S. Treasury yields rally violently following strong U.S. economic data. Attention now turns to the June NFP report.

from DailyFX – Market News https://bit.ly/3NGK3gb
via IFTTT

The S&P 500 falls as U.S. Treasury yields soar above their March high following better-than-expected U.S. economic reports, including private sector payrolls and ISM non-manufacturing data.

from DailyFX – Market News https://bit.ly/3XHRjgr
via IFTTT