What to Expect From the US July Jobs Report

With treasury yields extending declines to a four-year low on expectations of a Fed pivot and swaps traders now pricing in three cuts this year, Moritz Kraemer, LBBW Chief Economist says investors are less reliant on the ‘teflon economy’, and he expects a weak reading from the non-farm payrolls report. He discusses the broader economic outlook, as well as central bank divergence, with the Bank of England cutting and the Bank of Japan hiking with Joumanna Bercetche on Horizons Middle East and Africa.

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