Despite earlier reservations from several Republican House members, the proposed bill to raise the debt ceiling has been passed with 314 supporting votes - an overwhelming majority. The Senate will be the next hurdle before the bill is signed off by President Biden.
The JOLTs Job Openings increased by 10.1 million in April, which will boost estimates for Friday's Nonfarm Payroll figures. USD/CAD slipped 28 pips to 1.3575, and USD/JPY declined 46 pips to 139.34. GBP/USD added 27 pips to 1.2441, and EUR/USD fell 46 pips to 1.0689. Australian retail sales in May stagnated without growth or contraction. AUD/USD slid 11 pips to 0.6503.
Spot gold gained $3.32 to $1,962.67 an ounce, and WTI oil futures fell $1.37 to $68.09 a barrel. Bitcoin and Ethereum both slowed to $27,096.0 and $1,872.20 respectively.
The US stock market closed red, with the Nasdaq 100 dropping 100 points to 14,254. The S&P 500 closed 25 points lower at 4,179.83, and the Dow Jones Industrial Average plunged 134 points to 32,908.
The JOLTs Job Openings increased by 10.1 million in April, which will boost estimates for Friday's Nonfarm Payroll figures. USD/CAD slipped 28 pips to 1.3575, and USD/JPY declined 46 pips to 139.34. GBP/USD added 27 pips to 1.2441, and EUR/USD fell 46 pips to 1.0689. Australian retail sales in May stagnated without growth or contraction. AUD/USD slid 11 pips to 0.6503.
Spot gold gained $3.32 to $1,962.67 an ounce, and WTI oil futures fell $1.37 to $68.09 a barrel. Bitcoin and Ethereum both slowed to $27,096.0 and $1,872.20 respectively.
The US stock market closed red, with the Nasdaq 100 dropping 100 points to 14,254. The S&P 500 closed 25 points lower at 4,179.83, and the Dow Jones Industrial Average plunged 134 points to 32,908.