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"While the market is still pricing in a rate hike as the Fed's next move, we believe the non-farm payroll report highlights that this move could pose a risk to at least one of the Fed's dual mandates," said institutional analyst Jersey. "Despite Wars

2026-07-02

"While the market is still pricing in a rate hike as the Fed's next move, we believe the non-farm payroll report highlights that this move could pose a risk to at least one of the Fed's dual mandates," said institutional analyst Jersey. "Despite Warsh's attempts to downplay the importance of the jobs mandate, I think most committee members will be concerned that a rate hike could harm jobs, and they will keep the current policy rate unchanged until the trend reverses, unless inflation persists above 3% and is expected to remain above that level."

Other News
2026-07-02

Asian Stock Markets 1. The Shanghai Composite Index closed up 18.05 points, or 0.44%, at 4112.45 on Wednesday, July 1st. 2. The Shenzhen Component Index closed down 86.39 points, or 0.53%, at 16119.17 on Wednesday, July 1st. 3. The CSI 300 Index c

Asian Stock Markets 1. The Shanghai Composite Index closed up 18.05 points, or 0.44%, at 4112.45 on Wednesday, July 1st. 2. The Shenzhen Component Index closed down 86.39 points, or 0.53%, at 16119.17 on Wednesday, July 1st. 3. The CSI 300 Index closed down 20.46 points, or 0.41%, at 4958.98 on Wednesday, July 1st. 4. The ChiNext Index closed down 81.99 points, or 1.89%, at 4260.72 on Wednesday, July 1st. 5. The STAR Market 50 Index closed down 54.82 points, or 2.48%, at 2153.04 on Wednesday, July 1st. 6. Hong Kong stock markets were closed on Tuesday, July 1st. European Stocks 1. Germany's DAX 30 index closed up 64.28 points, or 0.26%, at 25,043.53 on Wednesday, July 1st; 2. The UK's FTSE 100 index closed down 19.51 points, or 0.19%, at 10,477.61 on Wednesday, July 1st; 3. France's CAC 40 index closed down 66.70 points, or 0.79%, at 8,337.29 on Wednesday, July 1st; 4. The Euro Stoxx 50 index closed down 46.49 points, or 0.73%, at 6,281.60 on Wednesday, July 1st; 5. Spain's IBEX 35 index closed down 49.67 points, or 0.26%, at 19,409.03 on Wednesday, July 1st; 6. The Italian FTSE MIB index closed down 78.93 points, or 0.15%, at 51,603.50 on Wednesday, July 1st. US Stocks: 1. The Dow Jones Industrial Average closed down 13.96 points, or 0.03%, at 52,305.24 on Wednesday, July 1st; 2. The S&P 500 closed down 16.13 points, or 0.23%, at 7,483.23 on Wednesday, July 1st; 3. The Nasdaq Composite closed down 173.69 points, or 0.66%, at 26,040.03 on Wednesday, July 1st.
2026-07-02

Market sources say Apple (AAPL.O) is about to launch a new iPad Pro and a redesigned entry-level MacBook Pro.

Market sources say Apple (AAPL.O) is about to launch a new iPad Pro and a redesigned entry-level MacBook Pro.
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