Tag: employment

COVID-19 Resurgence to be Weighed in July Data

The coming week’s July data will be scrutinised for any early effects of the COVID-19 resurgence, with the highlight of the week being Friday’s monthly employment report. The combined 7.5 million payrolls gain in May and June only began to scratch the surface of offsetting the 22.2 million total decline seen in the first two […]

And Finally…

Someone asked me last week what I considered to be the biggest change in the FX industry over the past decade and were somewhat surprised at my response – the influence of the legal profession. I think they were expecting something deep and meaningful but hadn’t realised it’s way too early in the year for […]