Futures Fall After Data; Treasury Yields Rise: Markets Wrap

“Markets seem torn between a bearish sentiment on the one hand, supported by lingering macro threats in a tighter liquidity environment, and dip buyers on the other who continue to bet on the inflation peak,” said Pierre Veyret, an analyst at ActivTrades. “Most benchmarks aren’t registering strong and significant bullish corrections following Tuesday’s sell-off, but … Read more

Slower, but still strong US job growth expected in August

A “now hiring” sign is displayed outside Taylor Party and Equipment Rentals in Somerville, Massachusetts, US, September 1, 2022. REUTERS/Brian Snyder Register now for FREE unlimited access to Reuters.com Register Nonfarm payrolls forecast to increase by 300,000 in August Unemployment rate expected unchanged at 3.5% Average hourly earnings expected to rise 0.4% WASHINGTON, Sept 2 … Read more

Stocks Up in Asia as Post-Powell Selloff Subsides: Markets Wrap

“The markets are spooked because they are afraid that the Fed could create a hard landing — that they’ll raise rates into a recession and that will be really painful for the economy and for corporate profits,” Terri Spath, chief investment officer at Zuma Wealth LLC, said on Bloomberg Television