US: Streak of economic optimism continues - IBD/TIPP Poll

"The IBD/TIPP Economic Optimism Index, a leading national poll on consumer confidence, showed positive momentum this month, climbing 4.6 percent to 52.2 and above the 12-month average of 51," the Investor's Business Daily (IBD) TechnoMetrica Institute of Policy and Politics (TIPP) said on Tuesday.

Key highlights:

  • This marks the eleventh consecutive month in positive territory, which is the longest stretch in more than a decade
  • It is also the highest reading since March, ending a slight four-month slide
  • The overall economic optimism reading is notable because it stands in sharp contrast to President Trump’s approval ratings, which dropped across all measures of the separate Presidential Leadership Index
  • It’s not unprecedented for people to be unhappy with the president while the economy performs well, but it is rare

US: Job openings increase in June; hires and separations little changed

"The number of job openings increased to 6.2 million on the last business day of June," the U.S. Bureau of Labor Statistics announced on Tuesday. Key
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USD/CAD pushes higher beyond 1.2700, session tops

The Canadian Dollar remains on the defensive vs. its neighbour so far this week, now sending USD/CAD to test fresh daily tops in the 1.2700 neighbourh
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