Forexlive Americas FX news wrap: Fear spreads ahead of non-farm payrolls ...Middle East

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Forexlive Americas FX news wrap: Fear spreads ahead of non-farm payrolls
source : forex live ( Middle East ) () 41
US July ISM manufacturing index 46.8 vs 48.8 expectedUS initial jobless claims 249K vs 236K estimateJuly US S&P Global manufacturing PMI 49.6 vs 49.5 prelimAtlanta Fed GDPNow Q3 estimate to 2.5% vs 2.8% priorBank of England Bailey: Would caution against you that BOE would cut rates continuallyBOE Pill: We are not committing to further interest rate cutsUS construction spending for June -0.3% versus 0.2% estimateCanada S&P Global July manufacturing PMI 47.8 vs 49.3 priorOPEC+ JMMC: Phase-out of volume reductions could be paused or reversedUS Q2 unit labor costs +0.9% vs +1.8% expectedMarkets:Gold down $5 to $2442US 10-year yields down 12.9 bps to 3.97%WTI crude oil down $1.02 to $76.88S&P 500

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