The markets calmed after a post-NFP shock, with the dollar and stocks recovering slightly while gold and yen rallies eased. The US added only 73k jobs in July, well below the expected 110k, raising concerns about a possible Fed rate cut. Fed fund futures show an 88% chance of a rate cut in September, but uncertainty remains. Trump’s firing of the head of the Bureau of Labor Statistics added to market jitters. However, hopes for tariff renegotiations helped ease concerns, with Disney’s Q2 earnings in focus. Gold and oil prices fluctuated, with gold supported by geopolitical tensions.
Read more at Investing.com: US Dollar and Stocks Recoup Some NFP-Led Losses, Yen and Gold Ease Back
