JOLTS highlight a light US economic calendar
<p>The US August JOLTS job openings report is due at 10 am ET and that's the lone notable item on the US economic calendar. The Fed's Bostic is speaking on a moderated panel now so we may get some headlines from him but I'm not holding my breathe.</p><p>Surely, some other headlines will pop up but today's trading is mostly — once again — about the train wreck in bonds. US 10s are up another 5.8 bps to 4.74% and that has USD/JPY a whisper away from 150.00.</p><p>More broadly, commodity currencies are weakening as risk aversion bites and S&P 500 futures fall 24 points.</p>
This article was written by Adam Button at www.forexlive.com.
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