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New York silver futures touched $67 per ounce, down 0.89% on the day.
2026-09-04
New York silver futures touched $67 per ounce, down 0.89% on the day.
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2026-09-04
US Aug nonfarm payrolls +162k vs +56k expected; private +127k, manufacturing +16k — all well above forecasts. July nonfarm revised from -23k to +21k, reversing prior downside signal. Unemployment 4.1% unchanged; labor force participation up to 61.6%
US Aug nonfarm payrolls +162k vs +56k expected; private +127k, manufacturing +16k — all well above forecasts. July nonfarm revised from -23k to +21k, reversing prior downside signal. Unemployment 4.1% unchanged; labor force participation up to 61.6% from 61.4%; U6 down to 7.7%; average weekly hours 34.4. Average wages +0.3% MoM, +3.1% YoY. ADP private payrolls rose just +38k and missed the official rebound. Report restores a hawkish employment narrative — weak prior payrolls appear to have reflected supply constraints rather than demand collapse — supporting hawkish policy pricing. Policy focus shifts to the next CPI; employment no longer argues for policy easing, while inflation will drive the September policy debate.
2026-09-03
Financial Times: major investors warn Volkswagen could be downgraded to "junk" unless it implements sharp cost cuts.
Financial Times: major investors warn Volkswagen could be downgraded to "junk" unless it implements sharp cost cuts.
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