Juliana Calil
05/08/2021
USA
The weekly US labor market data released today showed that itsrecovery is consistent as layoffs fell in July to the lowest level in little more.age 21 and the number of Americans applying for unemployment insurance has been decreasing weekafter week. There were 385,000 requests in the week ended July 31. despite being abovethan observed before the pandemic (weekly average of just over 200,000 in 2019), this scenariobrings encouragement to investors. Insofar as federal benefits must be eliminated bySeptember, the number of requests is expected to continue decreasing. Among the layoffs, manufacturers ofindustrial goods made 2,037 cuts, due to ongoing problems in the supply chain. the sectorservices announced 1,941 cuts. There are plans to cut 231,603 jobs this year, 87.5% below the1.85 million jobs lost in the same period last year. It was the lowest total in Januaryto July already registered.The US trade deficit hit a record high this June, with a significant increaseimports, to replenish stocks. Imports jumped 2.1% with signs that thedomestic demand has consolidated its post-pandemic recovery. Imports of supplies andindustrial materials increased, led by non-monetary gold, finished steel profiles,steel and iron products and organic chemical products, in addition to capital goods. AtService imports have increased sharply due to transport and travel
Payroll Week
The July 2021 US Labor Market Report, which will be published tomorrow,will provide an update on the country’s economic recovery and may provide more cluesabout when and to what extent the Fed will diminish its monetary stimulus. According to theDow Jones consensus estimate, 845,000 new payroll jobs are expectednon-agricultural sector in July 2021. This number, however, does not reflect consensus. Between theeconomists heard, there are those who bet on the creation of 350,000 jobs and those who bet on 1.2 millionnew vacancies. As long as Payroll does not show greater consistency, it is very likely that the FEDdo not make any changes to the policy as more than 22.3 million Americans were laid off inMarch and April 2020. As of June 2021, the total employment level was still 7.13 million belowfrom the February 2020 level
Pandemic
The rate of new infections in the US is reaching 100,000 a day, faster than in the summerpast, when vaccines were not widely available
ACTIVE
EURUSDA
good day for the active, with asmall range and ATR reaching only54%. The pair is still waiting for the releasefrom Payroll, tomorrow. the good perspectiveeconomic for the Eurozone hasinsured asset price above 1.18however, the market continues to monitorevery step of the Fed, looking for signsabout the direction of the EURUSD
Actions
The three main indices of the market ofUS stocks closed higher today, with theDow Jones Industrial Average up 0.78%,the S&P 500 0.6% and Nasdaq 0.78%, boththe last ones reaching record values. Of the 340companies that make up the S&P 500 and thatreported earnings so far, 87.6% exceeded themarket estimates. The main exchangesEuropeans closed today’s session asfourth consecutive day of discharge, with thebenchmark DAX 30 approaching15,800.
DXY
The comments of the EDF Vice President,Richard Clarida, they took the asset to becomestrengthen in today’s session, sustainingo in 92.3
Bonds
US Treasury Bond Yieldmaturing in ten years, which monitors thecapital flow to the dollar, closed today inhigh, of 3.48%, in 1,225
Source:https://wintrademarkets.com/
