Fed's Hammack: Jobs Market in Balance, Inflation the Bigger Concern
Fed hawk Hammack says today's jobs report confirms the labor market is roughly in balance. She warns inflation is high, rising, and warrants decisive action.
Fed hawk Hammack says today's jobs report confirms the labor market is roughly in balance. She warns inflation is high, rising, and warrants decisive action.
ATFX has paused its prop trading unit ATFunded less than two years after launch, citing sustainability concerns and promising full refunds to active traders.
Nomura forecasts the ECB will trim 2026–2027 GDP growth in June projections. Inflation is still seen near target by Q4 2028.
US equities fell sharply after May payrolls beat expectations, lifting Fed hike odds. Tech led the selloff while consumer staples outperformed.
Brent rose on renewed US–Iran tensions, but price reactions remain muted. Inventory levels and rerouted flows are limiting upside pressure.
Meta is weighing a large equity raise to fund its AI expansion. The news has pushed shares down over 6% on the day.
Bitcoin fell to $59,743, its weakest level since October 2024. Stocks also declined, with the NASDAQ down 2.66% and the S&P 500 down 1.64%.
NZD/USD fell sharply to 0.5791 after May NFP came in at 172K, well above the 85K forecast, boosting the US Dollar.
AUD/USD falls but holds above 0.7076 support. A break lower targets 0.6999; a push above 0.7200 reopens the 0.7277 high.
A simple anchored VWAP check from the latest earnings date can help investors avoid buying into post-earnings supply and improve entry quality.
IWM pulled back in a Double Three pattern and found buyers at the equal legs zone of 287.59–284.39, triggering a bounce as anticipated.