Following Friday’s job data, fed funds futures shot up to over a 90% probability of a rate cut in September. In Cumberland’s view, this is a level of conviction that is overly confident.

The dollar firmed on Friday but was heading for a weekly fall as weakening economic data leads traders to price in the ...

U.S. consumers in July raised their inflation expectations at the short and longer-term horizons but left medium-term expectations unchanged, according to the Federal Reserve Bank of New York's ...