Goldman Sachs says next week's inflation data, not the strong jobs report, will decide the Fed's September move. It expects a benign CPI to hold rates steady.
Cleveland Fed's Beth Hammack said it is time to act on inflation; investors now price slightly above 60 percent odds of a September rate hike.
China injects $54 billion into state banks and insurers to bolster capital, with funds allocated to China Life, ICBC, and others.
Globex trading on US Monday holidays: Sunday night open as usual, early halt on Monday, then resume for Tuesday.
The US dollar has lost 97% of its purchasing power since 1913. Bitcoin offers an alternative but with high volatility.
US debt hits $40 trillion; Bitcoin near $80k, 37% below record. BloFin argues the debasement trade has entered a second phase.
Macro analyst Jason Pizzino uses the 18-year housing cycle to predict a market crash, with housing already showing signs.
The US jobs report beat expectations, the dollar initially jumped then fell back, and the yen showed signs of intervention.
Bitcoin slid below $80,000 after a stronger-than-expected US jobs report, with traders seeing roughly 50-60% odds of a Fed rate hike in September.
Cleveland Fed President Beth Hammack says Fed policy is not restrictive enough and argues for rate hikes to control inflation.
Trump demands lower rates, threatening to halt trade with deficit countries.
Bitcoin and gold fell after US August payrolls nearly tripled forecasts, reviving rate hike bets and sparking over $200 million in liquidations.
US non-farm payrolls rose 162K in August, well above the 56K expected, while the unemployment rate held at 4.1%.
Canada's economy lost 41,700 jobs in August, far below the 15,000 gain expected, while the unemployment rate held at 6.4%.
US and Canadian non-farm payrolls reports are due shortly. Markets focus on USD/JPY trading, fixed income yields, and Canada's employment after BOC held rates.