Wolf Money(world market review 28 July-3 Aug 2025)
(Image credit: Goalcast) Market Summary 28 Jul – 3 Aug 2025 *USA* ± Fed has left monetary policy unchanged with target rate range remaining at 4.25-4.5% -US added 73,000 jobs in Jul vs expectations of 110,000, gains were almost by 2 industries: healthcare n social assistance: BLS -US did not add 144,000 and 147,000 jobs in May and Jun, instead only added 19,000 and 14,000 jobs respectively, numbers are lower the needs to keep up with population growth: BLS -Trump fired BLS Commissioner over data -US jobless rate rose slightly to 4.2% in Jul from 4.1% in Jun, number up by 221,000 to 7.236m -US labour force shrank for the 3rd straight mth, dragged down by exodus of foreign-born workers due to strict immigration policies + US private business added 104,000 jobs in Jul, strongest gain since Mar, vs market expectations of 75,000 increase ± US PCE price rose 0.3% or US$69.9 MoM in Jun after an upwardly revised 0.2% gain in May + US year-ahead infla...