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Week Ahead – Nonfarm payrolls eyed as dollar rides Fed bets
With investors flirting with the idea of one final Fed rate increase this summer and the dollar making a comeback, there will be increased emphasis on the next round of US employment data on Friday. Debt ceiling negotiations will also be front and center as the clock ticks down to a US government shutdown, while in Europe, there’s a batch of inflation numbers to shape the euro’s fortunes. It’s been a fantastic month for the US dollar, which smoked the competition with a little help from interest rate differentials and safe-haven flows. With incoming business surveys highlighting the resilience of the American ... (full story)