1) Crude oil fell about $1 on Wednesday on encouraging signs for supply from Libya and Iraq, notching the lowest close in almost three weeks despite a big draw in U.S. oil inventories.
2) U.S. Treasuries yields rose on Wednesday after more robust than expected private-sector jobs data ratcheted up expectations for a stronger U.S. nonfarm payrolls report on Thursday.
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Db_MorningBell.pdf
Currency Headlines
1) India’s rupee retreated from a three-week high on speculation the central bank sought to curb gains and importers boosted dollar purchases.
2) Federal Reserve Chair Janet Yellen said concerns about financial stability shouldn’t prompt a change in current monetary policy while flagging “pockets of increased risk-taking” in the financial system.
3) Employers added more workers than projected in June and the unemployment rate fell to an almost six-year low of 6.1 percent, underscoring a brighter U.S. labor market that will help spur the economy.
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf
2) U.S. Treasuries yields rose on Wednesday after more robust than expected private-sector jobs data ratcheted up expectations for a stronger U.S. nonfarm payrolls report on Thursday.
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Db_MorningBell.pdf
1) India’s rupee retreated from a three-week high on speculation the central bank sought to curb gains and importers boosted dollar purchases.
2) Federal Reserve Chair Janet Yellen said concerns about financial stability shouldn’t prompt a change in current monetary policy while flagging “pockets of increased risk-taking” in the financial system.
3) Employers added more workers than projected in June and the unemployment rate fell to an almost six-year low of 6.1 percent, underscoring a brighter U.S. labor market that will help spur the economy.
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Cr_MorningBell.pdf
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