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U.S. 8-week Treasury bill auction on July 2: BID-COVER RATIO 2.70, prior 2.79.
2026-07-02
U.S. 8-week Treasury bill auction on July 2: BID-COVER RATIO 2.70, prior 2.79.
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2026-07-02
Bank of China and the Asian Infrastructure Investment Bank completed a five-year cross-border yuan loan to an Uzbekistan telecom operator, with total financing exceeding 700 mln yuan. The facility is fully settled in yuan, aimed at improving funding
Bank of China and the Asian Infrastructure Investment Bank completed a five-year cross-border yuan loan to an Uzbekistan telecom operator, with total financing exceeding 700 mln yuan. The facility is fully settled in yuan, aimed at improving funding efficiency and expanding cross-border settlement use cases in Central Asia.
2026-07-02
US hiring growth cooled sharply in June, tempering earlier job-market momentum. Nonfarm payrolls rose 57,000, with the prior two months revised down, the Bureau of Labor Statistics said on Thursday. The unemployment rate fell to 4.2% largely because
US hiring growth cooled sharply in June, tempering earlier job-market momentum. Nonfarm payrolls rose 57,000, with the prior two months revised down, the Bureau of Labor Statistics said on Thursday. The unemployment rate fell to 4.2% largely because labor force participation dropped sharply. The slowdown was driven by the biggest decline in leisure and hospitality payrolls since 2020; retail trade and information sectors also shed jobs, while health care and social assistance continued to add positions. The report says consumer spending has held up despite energy shocks from the Iran war, but household pessimism about high prices and wages lagging inflation may be keeping employers cautious on hiring.
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