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fromLondon Business News | Londonlovesbusiness.com
1 week ago

Dollar consolidates as investors brace for ISM services and labour data - London Business News | Londonlovesbusiness.com

The US dollar steadied on Thursday, as traders weighed signals of a softer labour market and awaited further releases. Job openings fell to a low in July, undershooting expectations, while factory orders dropped for a second consecutive month. These indicators reinforced the view that the economy is cooling, even as attention now shifts to today's ISM Services index, expected at 51, and to Friday's payrolls.
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US politics
fromFortune
2 weeks ago

Investors are ignoring the coming wave of tariff-driven inflation, Deutsche Bank warns

U.S. tariffs will significantly raise import costs and likely push inflation above 4%, while markets and inflation swaps are underestimating that risk.
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