NFP: Temporary Layoffs (4.2%)or Permanent Layoffs (4.3%) is Key

PM Reports

Housekeeping: This is the PM GoldFix post as discussed here combining the AM emails with several other reports posted during the day. Topics covered are Metals, Commodities, Macro, Geopolitics, and More

Citi:

“August employment data will be the pivotal factor determining whether Fed officials are likely to start the rate cutting cycle with a 50bp or 25bp…