U.S. benchmark 10-year bond prices continued to decline on Thursday, as traders reacted to market news and economic data.» Read More
"If manufacturing jobs start to turn down here that won't bode well for the export sector and that will steal some of the more robust part of the growth that we've seen," says Yra Harris, Praxis Trading, providing a preview of what traders will be watching ahead of today's jobs report.
"I think the sentiment is generally trending downward and it probably made business a little more reluctant to hire," says Mark Vitner, Wells Fargo Securities senior economist, providing a preview of the government's latest report on jobs, due out later this morning.
Ray Attrill, Co-Head of FX Strategy at NAB says that the barrier to more QE from the Fed is pretty high.
Keagan York, Head of FX Strategy, Compass Global Markets says that weak employment numbers in the U.S. are adding to market calls for more quantitative easing by the Federal Reserve.
Enjoy the hot dogs and fireworks because after the Fourth of July holiday, the market will get hit with three job readings Thursday followed by the main event Friday — the June jobs report.
Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital Investors says U.S. nonfarm payroll figure is likely to be around 90,000, in line with consensus.
What would it be like to work with a superhero — Super awesome, right? Actually, it could be pretty annoying.
It may have been a shortened trading session today, but the bulls will take this market. Ryan Lewenza of TD Waterhouse, and CNBC's Mary Thompson, weigh in on what investors can expect ahead of Friday's jobs report and the holiday tomorrow.
Sean Callow, Senior Currency Strategist at Westpac Bank says he expects the U.S. to add 130,000 jobs to the non-farm payroll.
Gary Schlossberg, Chief Economist, Wells Capital Management says that European banks account for a disproportionate share of global trade credit, and the current credit squeeze in Europe is affecting global trade.
Michael Jones, Chairman & CIO, Riverfront Investment Group says the weak ISM data from the U.S. on Monday is an indication of what investors should expect of second-quarter earnings.
Nicholas Colas, ConvergEx Group chief market strategist, explains how investors can glean important economic information by keeping an eye on food stamps, used cars, and Google.
Ready for another employment report? This strategist has a trading plan.
The global economy is still unbalanced five years after the onset to the financial crisis, says Stephen Cecchetti, BIS head of monetary & economic department, with an update from the Bank of International Settlement's annual report.
"We definitely want to make sure that inflation does not get out of hand," says Bill Strauss, Federal Reserve Bank of Chicago, providing an insider look at the Fed's policy decision to downgrade its economic growth forecast and extend "Operation Twist".
Laurence Meyer, Macroeconomic Advisers senior managing director, and CNBC's Steve Liesman, discuss whether the Fed will announce a policy change when it wraps its two day meeting this afternoon, and the likelihood of extending "Operation Twist" or implementing QE3.
"What makes sense is to extend 'Twist' a bit," says Randy Kroszner, University of Chicago professor, with Ira Jersey, Credit Suisse interest rate strategy director, discussing the likelihood of extending "Operation Twist", as the Fed wraps its two day policy meeting today.
Enrico Moretti, "The New Geography of Jobs" author explains how an unprecedented redistribution of jobs and population is creating "pockets" of wealth around the nation.
CNBC's Steve Liesman provides a preview of Fed Chairman Ben Bernanke's testimony before Congress today, and discussing what the markets expect to hear, with CNBC's Rick Santelli; Dan Greenhaus, BTIG chief global strategist; and Robert Heller, former Federal Reserve Governor.
The United States does not need any further monetary stimulus as the past attempts to boost the economy by money printing have proved to be a temporary panacea, Republican party candidate to the Senate Carly Fiorina told CNBC Wednesday.