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According to Lebanese local media, the Syrian Foreign Minister stated that Syria is willing to meet with Hezbollah if necessary.
2026-07-02
According to Lebanese local media, the Syrian Foreign Minister stated that Syria is willing to meet with Hezbollah if necessary.
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2026-07-02
The US economy added 57,000 nonfarm payrolls in June, below Wall Street forecasts, the Bureau of Labor Statistics said Thursday. The gain followed three months of upside surprises and fell sharply from May’s downward-revised 129,000; it was also belo
The US economy added 57,000 nonfarm payrolls in June, below Wall Street forecasts, the Bureau of Labor Statistics said Thursday. The gain followed three months of upside surprises and fell sharply from May’s downward-revised 129,000; it was also below the Bloomberg survey median of 115,000. The report signals a marked cooling in the labor market; the unemployment rate edged down to 4.2% from 4.3% in May. Despite the slowdown, payroll gains remain well above a 2025 target of average 10,000 annual job additions. Investors cut Fed tightening expectations, the dollar weakened, and futures now price a Fed rate increase in December, versus October previously.
2026-07-02
Weak US nonfarm payrolls pushed Treasury prices higher and reduced Fed rate-hike expectations. The 2yr Treasury yield fell 6bps to 4.11% and the 10yr fell 2bps to 4.46%. Interest-rate swaps price the odds of a hike at the Fed meeting later this month
Weak US nonfarm payrolls pushed Treasury prices higher and reduced Fed rate-hike expectations. The 2yr Treasury yield fell 6bps to 4.11% and the 10yr fell 2bps to 4.46%. Interest-rate swaps price the odds of a hike at the Fed meeting later this month at about 20%, down from roughly 33% before the data. Markets now expect fewer than two hikes by Mar 2027, each no larger than 25bps. Nonfarm payrolls rose 57,000 last month (prior two months revised lower); Bloomberg-surveyed economists had forecast a 113,000 gain. Labor force participation dropped materially, pushing the unemployment rate down to 4.2%.
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