The jobs report, Meta’s rise, Trump accounts, and more in Morning Squawk
1. 1 day shorter Employment statistics were released earlier this morning due to the holiday schedule. In June, nonfarm payrolls are expected to grow by 115,000 jobs, a noticeable slowdown from May’s increase of 172,000, based on a survey from Dow Jones economists. Here’s the key takeaway: 2. Transaction review The U.S. has finalized the […]
Morning Coffee: Bank of America’s challenging visitor. Morgan Stanley bankers become influencers.
Bankers and Client Dinners: The Challenge of Balancing Act One of the more unrecognized challenges for bankers is organizing dinners for their clients. If you’ve got good connections, perhaps through the Federal Reserve or some other notable venue, it’s a chance to show off a bit. But then comes the hard part: coordinating the schedules […]
Ross Gerber Claims Trump’s $1 Billion Crypto Gain Is Why ‘Bitcoin Dropped and Isn’t Moving Forward’
Investor Comments on Bitcoin’s Decline Investor Ross Gerber commented this Wednesday on Bitcoin’s ongoing decline, linking it to the financial activities of former President Donald Trump. Gerber’s Response to Trump’s Profit Claims In light of Trump revealing that he earned over $1 billion from cryptocurrency during his presidency, including ventures like World Liberty Financial and […]
Stock futures decline after a slow start to July trading; jobs report on the way: Live updates
Market Update On June 26, 2026, traders were present at the New York Stock Exchange, a familiar scene in financial markets. U.S. stock futures remained close to even on Thursday as investors poised themselves for crucial jobs data, which could impact Federal Reserve monetary policy decisions. Dow Jones Industrial Average Futures saw a slight uptick, […]
New Jersey plans to bill companies with employees on Medicaid, and other states might do the same.
New Jersey Implements Fees for Medicaid Insurance Usage New Jersey is set to launch a new fee for businesses whose employees choose Medicaid over employer-sponsored health insurance. This move is drawing interest from other states, too. Democratic lawmakers and governors view this measure as a means to help fund the federal-state co-insurance program that serves […]
The Stock Market Is About to Experience a First in 155 Years, and History Clearly Indicates What This Might Mean for Investors
If you catch financial news regularly, you’ll likely notice that analysts on Wall Street often reference the price-to-earnings ratio (P/E). This ratio considers earnings from the last twelve months and estimates earnings for the upcoming year, making it a common stock evaluation tool, especially for indexes like the S&P 500. While those metrics are helpful, […]
EUR/JPY Price Outlook: Drops slightly under 185.00, while short-term positive trend remains
The euro/yen exchange rate was hovering around 184.95 in early European trading on Thursday, reflecting a downturn. In June, inflation in the Eurozone dropped more significantly than anticipated, easing concerns for the European Central Bank (ECB) regarding further interest rate hikes in its upcoming meeting on July 23. This decline could impact the euro’s position […]
British Pound strengthens towards 1.3300 as Burnham affirms commitment to fiscal rules, NFP data approaches
The GBP/USD pair saw an uptick to around 1.3290 during the early hours of trade in Asia on Thursday. The British pound has gained ground against the US dollar following comments from Andy Burnham, who is likely stepping into the role of Britain’s next prime minister. His pledge for stringent fiscal discipline seems to have […]
Australia’s Trade Balance shifts to a deficit in May: Implications of the 3,018M shortfall for AUD/USD
Australia’s Trade Balance Shows Surprising Shift Recent trade statistics from the Australian Bureau of Statistics revealed a noteworthy change in the country’s trade balance. In May, Australia experienced a deficit of A$3.018 billion, a sharp decline from the prior surplus of A$1.383 billion, which was adjusted down from A$1.791 billion. Analysts had anticipated a surplus […]
Canadian Dollar struggles close to yearly low as USD supporters eagerly anticipate US employment report.
During Friday’s Asian trading session, the USD/CAD pair held steady above the 1.4200 threshold as traders remained on the sidelines, anticipating the release of the crucial US monthly employment report. Despite this cautious stance, spot prices hovered near their highest levels since April 2025, buoyed by several favorable factors. Oil prices dipped to their lowest […]