US Labour Market Resilient but US Dollar Remains Under Pressure.The US Jobs Report posted some decent figures. The headline jobs additions beat expectations.
Japanese Yen Forecast: USD/JPY tracks risk, not rates, ahead of FOMC.USD/JPY is trading more like a risk proxy than a haven, tracking bitcoin and equities while ignoring Fed signals. With Powell likely to say little, watch U.S. data and sentiment for the next move.
Natural Gas News: Counter-Trend Rally Targets $3.733 as Inventory and Weather Cap Gains.Natural gas futures rebound off the 200-day MA at $3.103, with bulls now targeting the 50-day MA at $3.966. Weak demand and storage builds weigh.
Trade and Employment Data to Show How Canadian Economy Reacted to Tariffs.We expect Canada's trade balance swung back to a surplus in March and the labour market shed more jobs in April as early signs of how the Canadian economy evolved with the onset of U.S. tariffs.