US factory orders ex-trans revised to 0.6% m/m in July
US factory orders ex-trans revised to 0.6% m/m for July. Street estimate was 0.4%; prior was -0.4% (previously revised from -0.1%).
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US Trading Hours Summary: June employment indicates some softening
Summary - The overall reaction to a weaker than expect June jobs report was relatively muted. Yields ticked lower led by the short end after total payrolls missed estimates convincingly with the prior two months jobs growth revised net negative. The Household survey was even worse than the Establishment Survey, with a