China declares further crackdown on crypto while North American Bitcoin miners earnings reach record highs
The Chinese government has continued to warn against trading and investing in cryptocurrencies as part
Fed’s Mester: Fed has basically met criteria for tapering asset purchases
Cleveland Fed President Loretta Mester told Bloomberg TV on Friday the Fed has basically met
Fed’s Clarida: We’ve made progress on the labor market
Commenting on the US jobs scenario in an interview with CNBC late Friday, Federal Reserve Vice
Fed’s Waller: Would like to start tapering early this fall
“One more good jobs report will be sufficient to be able to start tapering,” the
EUR/USD: ECB’s rates guidance suggests any near-term USD weakness will be limited – MUFG
Analysts at MUFG Bank, point out that the rate guidance provided by the European Central
NFP: Hiring could be a bit brisker than consensus expectations – CIBC
Next week, the key economic data due is the US official employment report. Market consensus
US dollar: More stability with Fed tapering plans priced in – Goldman Sachs
In its latest research report, Goldman Sachs expects US dollar stability while citing the market’s
US: Personal Income rises by 1.1% in July, Personal Spending expands by 0.3%
Personal Income and Personal Spending both expanded in US in July. US Dollar Index extends
US: UoM Consumer Sentiment Index declines to 70.3 (final) in August from 81.2
UoM Consumer Sentiment Index in US dropped in August. US Dollar Index stays in the
US: NY Fed’s GDP Nowcast improves to 3.8% for Q3 after this week’s data
The US economy is expected to grow by 3.8% in the third quarter of 2021,