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Stocks drift, dollar firms as markets brace for US jobs slowdown

NFP report awaited as recession risks remain front and centre. Dollar inches higher ahead of the jobs data, stocks drift sideways. Pound regains footing after fall from BoE’s warning of long recession. Oil steadies after sliding again, gold shines as yield-curve inversion deepens.Risk Warning: 74.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Please consider our Risk Disclos...

Broadcast on:
05 Aug 2022

NFP report awaited as recession risks remain front and centre. Dollar inches higher ahead of the jobs data, stocks drift sideways. Pound regains footing after fall from BoE’s warning of long recession. Oil steadies after sliding again, gold shines as yield-curve inversion deepens.

Risk Warning: 74.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

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