EUR/USD
1.15685
0.392%
Gold
4355.72
2.718%
Oil
76.301
-1.383%
USD/JPY
157.587
-0.539%
GBP/USD
1.35011
0.355%
GBP/JPY
212.765
-0.191%
Real-time News
According to Ukraines state-owned oil and gas company, Russia attacked seven natural gas production sites overnight.August 7th - A report released Friday by the U.S. Bureau of Labor Statistics showed that despite a slight decline in the unemployment rate, the U.S. economy experienced an unexpected job loss in July, indicating a slowdown in the employment situation. Seasonally adjusted nonfarm payrolls fell by 23,000 in July, compared to a revised 20,000 in June. Market expectations had previously predicted an increase of approximately 80,000. Meanwhile, the unemployment rate fell to 4.1%, while the labor force participation rate further declined to 61.4%, the lowest level in more than five years.According to data and sources, the Caspian Pipeline Alliances oil loading in July fell 20% behind schedule, down to 1.2 million to 1.3 million barrels per day, due to the drone attack.Short-term geopolitical disturbances continue to dominate oil price movements. Attention should be paid to the progress of US-Iran negotiations and the passage of traffic in the Strait of Hormuz. A chart provides a quick overview of the pre-market conversion prices of crude oil between domestic and international markets.August 7th - The U.S. unexpectedly lost 23,000 jobs in July, far below the expected increase of 80,000. Junes increase was also revised down to just 20,000. Despite the weak job market, the unemployment rate unexpectedly fell from 4.2% to 4.1%. This disappointing report has reignited concerns about the labor market and could complicate the Federal Reserves interest rate decisions, as policymakers need to strike a balance between weak employment and persistent inflation.
