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+++ US-Midterms +++: US-Justizministerium will Klage zu Kaliforniens Wahl zurückziehen

Houston schränkt Zusammenarbeit mit US-Einwanderungsbehörde ein +++ Republikanischer US-Senator Tillis wirft Hegseth Inkompetenz vor +++ Der Newsblog.

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+++ US-Midterms +++: US-Justizministerium will Klage zu Kaliforniens Wahl zurückziehen

We haven't written up this one. Handelsblatt has the full story — the link below goes straight to it.

Read the original at handelsblatt.com →

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Dollar jumps after strong US payrolls report

The US dollar index jumped significantly following the Labor Department's report indicating an increase of 165,000 jobs last month, which far exceeded economists' forecasts.

  • US dollar index hits 5-month high after strong payrolls report
  • US added 165,000 jobs in July, beating 65,000 estimate
  • Fed likely to raise rates next month based on employment data

D-St just 5% away from highs with a 10% bounce from lows

The rupee has shown a significant recovery, closing at 93.90 this week, its best level since April. Recent drops in oil prices have alleviated inflation concerns and supported the local currency.

  • Rupee rose 10% from May lows, nearing 2019 high
  • Currency at 93.90 on Friday, 5% away from peak
  • FPIs bought ₹15,000 crore in Indian equities this week

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