interest rate
Unemployment reached a 2.5-year high of 4.1 percent, signaling a softer U.S. labor market
If the non-farm payrolls data declines, investors will likely raise their expectations of a September Fed interest rate cut
Brent crude futures were down 48 cents, or 0.55 percent, at $86.86 a barrel
The dollar index declined 0.06 percent to 105.34, making greenback-priced bullion cheaper for other currency holders
This marks first decrease in months as disinflation process begins
Saxo Bank expects U.S. and European sovereign bond yields to remain range-bound in Q3 2024
Fed Chair Jerome Powell said on Tuesday the U.S. was back on a 'disinflationary path' but policymakers remain cautious
Brent crude futures for September delivery rose 0.2 percent to $86.41 per barrel
Fed chair Jerome Powell's speech later today to provide insight into the U.S. interest rate outlook
Brent crude futures rose 2 percent to $86.41 per barrel
Brent oil futures for September delivery increased 0.3 percent to $85.29 per barrel
