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Treasury Yields and Dollar Ease After Jobs Report

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Treasury yields and the U.S. dollar surged after a robust August jobs report showed the U.S. economy added 162,000 jobs, according to data reported by Dow Jones and tracked by CNBC. The stronger-than-expected hiring print significantly altered market expectations for monetary policy, elevating the probability of a Federal Reserve interest rate hike at the upcoming … Read more

Gold Price Holds Steady Ahead of U.S. Inflation Data

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Weaker-than-expected jobs data previously led markets to scale back expectations for a September rate hike, according to market reports. Inflation Reports Drive Near-Term Trading Focus Market attention has shifted decisively to upcoming U.S. economic releases. The U.S. consumer price report is scheduled for release on Wednesday, followed by producer price figures on Thursday. “Markets expect … Read more

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