July Nonfarm Payrolls Preview: Here’s What To Expect

Tomorrow at 8:30am ETF, the BLS will release the July jobs report: headline payrolls are expected to slow modestly to 190k after printing above 200k in the past two months. With record low unemployment and a bubbly labor market fueled by Trump’s stimulus, where labor…

Core Factory Orders Growth Slowest Since Feb, Durable Goods Revised Lower

While headline factory orders rose 0.7% MoM (as expected), ex-transports, it rose just 0.4% in June (admittedly the 12th monthly rise in a row). Final durable goods data was all revised lower on the month.   Durable Goods Orders final for June was revised down…

Venezuela Surpasses Weimar As Hyperinflation Expected To Hit 1,000,000% By Year End

Some readers may recall this headline from January 2018 “IMF Projects Venezuela Inflation Will Soar to 13,000 Percent in 2018.“ This, it turns out was just a little bit off, because as we reported only two weeks ago, Venezuela’s annualized inflation hit an annualized rate…

“We’re In Uncharted Waters” – Stocks, Yuan, Commodities Slump As US-China Trade Wars Re-Escalate

Just when you thought it was safe to BTFTrade War Dip, a headline hits to remind you that President Trump is anything but done with China. The new list marks the latest escalation of the trade war between the world’s two biggest economies. And judging…

Major Israeli Daily: Our Government Is “Arming Neo-Nazis In Ukraine”

It’s not everyday that one reads such a shocking headline as this in a major Israeli daily paper: Rights Groups Demand Israel Stop Arming neo-Nazis in Ukraine. An investigative report in Haaretz, Israel’s longest running and arguably most influential newspaper, details a broad campaign underway by over…

US Equity Futures Tumble As US Readies $200 Billion China Tariff List

Just when you thought it was safe to BTFTWD, a headline hits to remind you that President Trump is anything but done with China… Bloomberg reports that President Donald Trump is preparing to release a list of an additional $200 billion in Chinese products to…

With Trade War Looming, Futures Spike On Report Of US-EU Auto Tariff Talks

Bulletin Headline Summary from RanSquawk European equities positive as auto names drive gains, on suggestions that US is ready to give car tariffs a break UK markets react to an upbeat Carney after the BoE chief suggests Q1 softness was largely due to weather Looking…

35,000 papers may need to be retracted for image doctoring, says new paper

Yes, you read that headline right. In a new preprint posted to bioRxiv, image sleuths scanned hundreds of papers published over a seven-year period in Molecular and Cellular Biology (MCB), published by the American Society for Microbiology (ASM). The researchers — Arturo Casadevall of Johns…

US Futures Rebound Amid Emerging Markets Rout; China Drops To 2 Year Low

Bulletin Headline summary from RanSquawk European equities are lower across the board (Eurostoxx 50 -0.6%) as trade tensions continue to weigh on sentiment DXY remains above 95.00 in European trade after an early bout of strength (now off best-levels) Looking ahead, highlights include German national…