DXY & Forex

US labor markets posted a loss of 23,000 nonfarm payroll jobs in July as of 08/07 23:03 KST (10:03 EDT), falling sharply below expectations of an 83,000 to 95,000 job increase. The probability of a September Federal Reserve rate hike dropped from 57% to 43.9% following the employment report

U.S. July nonfarm employment declined by 23,000 against market expectations of 80,000 additions, with unemployment rate holding at 4.1%. The weaker-than-expected data has bolstered Federal Reserve rate-cut expectations, pushing U.S. Treasury yields

Korean stocks attempted a rebound on 08/07 09:39 KST, with the KOSPI rising 0.15% to 6,305.72 after a 4.58% decline the previous day to 6,296.38. Foreign investors switched from net selling of 3.327 trillion KRW on the prior session to net buying of 285.7 billion KRW on 08/07. The reversal

St. Louis Federal Reserve President Alberto Musalem stated that underlying inflation likely remains between 2.5% and 3%, significantly above the Federal Reserve's 2% target, while emphasizing that the labor market is not the cause of price increases. Musalem's assessment shifts focus away from

Brent crude oil surpassed $83 per barrel as uncertainty over the Strait of Hormuz reopening agreement intensified, while the US 10-year Treasury yield climbed to the 4.6% range. Reports emerged that Iran is moving to restrict vessels linked to the United States and Israel, with a draft Iranian

Korean stocks fell sharply today, with the KOSPI dropping 1.73% to 6,187.16 and the KOSDAQ declining 2.92% to 778.30, as geopolitical tensions in the Strait of Hormuz disrupted global shipping. Iran's mention of tolls for hostile nation vessels triggered simultaneous rallies in WTI crude oil

According to Goldman Sachs, July core CPI is expected to rise 0.19% month-over-month, below the market consensus of 0.2%, and 2.47% year-over-year, lower than the expected 2.5%. Headline CPI is anticipated to increase just 0.05% month-over-month versus the expected 0.1%, reflecting prior energy

Korean 10-year government bond yields rose above 4.18%, increasing discount rate pressure on domestic growth stocks. Oil prices and maritime shipping costs surged simultaneously while industrial metals maintained support levels, pushing the commodity cycle toward a growth-reflation phase. The won-do

According to EY-Parthenon, on Friday, the Federal Reserve is likely to hold interest rates unchanged through year-end, citing stable labor market conditions. July employment is expected to reach 83,000 jobs, compared to June's 56,000, while unemployment is projected to hold at 4.2%. For September's

EY-Parthenon expects the Federal Reserve to maintain its policy freeze through year-end even after Friday's employment report, citing stable labor market conditions unlikely to shift the central bank's focus. The consultancy forecasts July employment additions of 83,000 following June's

The 10-year US Treasury yield reached 4.73%, entering what market observers describe as a danger zone above the 4.5% threshold. The rise is attributed to several potential factors: a reverse crowding out effect where AI sector borrowing may be displacing Treasury demand, concerns that a hawkish

According to Peter Mallоuk, the U.S. has added $450 billion to its national debt since July 1, averaging over $15 billion per day.

MUFG stated the US dollar remains undervalued against eight of nine G10 currencies, with additional risk premium still reflected in pricing. The assessment attributes this premium largely to policy and political uncertainty. MUFG identified three factors behind recent dollar movements: reduced risk

US 30-year fixed mortgage rates reached 6.69% for the weekly period ending July 31, 2025, according to Freddie Mac data, marking the highest level since the July 31, 2025 weekly period. The rate rose 0.03 percentage points from the previous week's 6.66%, driven by sustained market expectations of

According to Freddie Mac, the average interest rate on U.S. 30-year fixed-rate mortgages reached 6.69% this week, up 3 basis points from the prior week and marking the highest level since July 2025. The mortgage rate typically tracks the 10-year Treasury yield

According to Webull, South Korea recorded a record current account surplus of approximately 70 trillion won in June. Goods exports reached $112.37 billion with a trade surplus of $47.89 billion, while primary income balance showed a $3.27 billion surplus driven by increased dividend income from

Bloomberg reported that President Trump has held periodic phone calls with Federal Reserve Chair Scott Waller since May, according to sources. The discussions centered on economic conditions and Waller's economic outlook, with the White House asserting that Waller maintains his independence. The

According to Financial Times reporting on comments from unnamed sources, Federal Reserve Governor Kevin Warsh indicated he would be prepared to support a rate hike at the September meeting if forthcoming inflation data comes in stronger than expected and markets reprice higher future borrowing

Invesco assessed that the Federal Reserve is not behind the curve in monetary policy, estimating the neutral interest rate range at 3.5% to 4.0% while the current policy range stands at 3.50% to 3.75%. The investment firm's analysis is based on the view that current rates remain restrictive or at ne

U.S. prediction markets shifted on August 11 to 55% odds favoring the Federal Reserve holding interest rates steady in September, signaling investor sentiment has turned less hawkish on near-term rate hikes.