CENTCOM Says US Soldier Killed in Iraq, Bringing Number of US Troops Killed in Recent Days to Four

US Jobs Jump 115K, Smashing Estimates; Unemployment Rate Unchanged At 4.3% In his preview of today's NFP report, Goldman's Delta One head wrote that "NFP almost feels like a sideshow at this point. You can argue weak labor data gives a Warsh led Fed enough cover to cut, but with oil and input inflation still elevated there’s also an argument that a weakening labor market alongside a constrained Fed is actually the more difficult combination for risk assets." With that in mind, moments ago the BLS reported that in April the...

Hormuz Tanker Traffic Plunges After Fresh US-Iran Strikes Tanker traffic through the Strait of Hormuz tumbled since late last week, as ship owners and operators froze up amid the renewed hostilities between Iran and the US over the weekend. The Thursday attack on the container ship Ever Lovely prompted some shipowners to pull back and wait for additional information about how safe transiting the Strait is. The U.S. military on Friday carried out strikes on Iran in response to the attack on the vessel. Then, on Friday and Saturday, the US Central...