Bonds Rebound, Stocks Edge Higher Before Payrolls: Markets Wrap

Bonds Rebound, Stocks Edge Higher Before Payrolls: Markets Wrap

(Bloomberg) — Bonds rebounded and shares advanced modestly ahead of Thursday’s nonfarm payrolls report, which is expected to show a slowdown in US hiring against the backdrop of President Donald Trump’s trade war.

Bonds Rise, Stocks Edge Higher Before Payrolls: Markets Wrap

(Bloomberg) -- Bonds rebounded and shares rose modestly ahead of Thursday’s monthly nonfarm payrolls report, which is expected to show a slowdown in US hiring against the backdrop of President Donald Trump’s trade war.

EUR/JPY extends rally to one-year high as US NFP boosts risk sentiment

The Euro (EUR) trades firmly against the Japanese Yen (JPY) on Thursday, with the EUR/JPY cross climbing to its highest level since July 2024 following upbeat US Nonfarm Payrolls (NFP) data. At the time of writing, the pair is edging higher, trading around 170.40 during the American trading session.

US Private Payrolls See Surprise Decline

US private payrolls experienced an unexpected contraction in June, marking the first decline in over two years. According to the ADP National Employment Report, private payrolls decreased by 33,000 jobs last month. This downturn, the first since March 2023, follows a downwardly revised increase of 29,000 jobs in May. Economists surveyed by Reuters had anticipated a gain of 95,000 jobs for June. The report revealed job losses across several secto…

U.S. Private Payrolls Dipped 33,000 In June

U.S. private payrolls fell by 33K in June amid economic uncertainty but layoffs remain low.