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Investinglive Americas FX news wrap 1 Aug. Jobs weak. Data weak. Tariff high and a firing.
Why are jobs revised and is there a better way? I think so. It starts with the data.
Trump:Positions two nuclear submarines in “appropriate regions” due to inflamatory remarks
Trump: Jobs data is manipulated lower. The economy is booming but rates should be lower.
Baker Hughes oil rig count -5 at 410
US government turmoil stalls thousands of export approvals
White House: Switzerland refused to make any meaningful concessions on trade barriers
University of Michigan final sentiment for July 61.7 vs 62.0 preliminary
S&P Global Manufacturing July PMI final 49.8 versus 49.5 preliminary
US construction spending for June MoM -0.4% versus 0% expected
US ISM manufacturing index for July 48.0 versus 49.5 estimate
USTR Greer: Will be finishing paperwork on deals over the next week’s/months
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