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U.S. JOB GAINS AUGUST 2023
Dollar bounces on job gains, then pares ahead of CPIThe U.S. job market showed surprising resilience in August, adding 162,000 positions—far beyond what analysts anticipated. This result has ...- Gold slides after robust US payrolls boosts rate hike betsGold prices experienced a downturn on Friday, setting the stage for a weekly loss as solid US job data raised the bar for anticipated rate ...
- Oil ends week higher on renewed US-Iran strikes, diesel hits recordOil prices have surged dramatically this week amidst escalating military tensions between the U.S. and Iran. Record-high retail diesel pric...
- Trump calls for lower interest rates, says high rates put US at 'unfair disadvantage'US President Trump advocates for reduced interest rates, stating the US possesses stronger credit. He believes lower rates are essential fo...
- US stocks today: US stocks end lower as solid jobs data fuels hawkish Fed betsWall Street closed lower on Friday as a stronger-than-expected US jobs report lifted expectations of a Federal Reserve rate hike this month...
- US nonfarm payrolls surge in August; unemployment rate steady at 4.1%In August, the U.S. experienced remarkable job growth while unemployment rates held firm, indicating an impressive labor market. This uptic...
- Global Market: European shares edge lower as investors await US jobs dataEuropean shares edged lower on Friday as investors stayed cautious ahead of key U.S. jobs data, while Volkswagen shares jumped 6% after the...
- US stocks today: Dow soars 600 pts, S&P, Nasdaq over 1% as Fed governor Waller's remarks ease rate hike fearsUS stocks rallied over 1% on Thursday as Fed Governor Christopher Waller's comments eased rate hike fears ahead of the US jobs report. The ...
- Gold jumps 2% as Fed Governor Waller's comments temper rate hike betsGold prices jumped more than 2% as traders cut bets on a September US Fed rate hike after Governor Christopher Waller signalled support for...
- Strong demand boosts US services sector activity in AugustU.S. services sector activity grew in August, with new orders reaching a 3-1/2-year high. Input prices also increased, suggesting inflation...
- Gold hits over two-week low, US jobs data in focusOn Wednesday, gold prices hit their lowest point in two weeks, driven down by rising Treasury yields and a stronger dollar that made the me...
- Dollar holds firm as Middle East hostilities lift oilThe dollar rose significantly on Wednesday due to climbing oil prices prompted by renewed conflicts in the Middle East, which rattled globa...
- US Treasury bond yields ease from highs after data as Iran war escalation fans inflation concernsU.S. Treasury yields retreated from earlier highs on Tuesday after economic data emerged. The manufacturing PMI fell to 54.6 in August, whi...
- Gold steadies as traders await US jobs data, monitor Mideast tensionsGold prices held steady as traders navigated heightened tensions in the Middle East and awaited pivotal labor data from the US. This econom...
- Global Market: Emerging Asian currencies fall as Fed hike bets rise, oil prices surgeMost emerging Asian currencies and equities fell on Monday as hawkish comments from US Fed Chair Kevin Warsh boosted bets on a possible Sep...
- India rupee hits near four-week high on equity-related flows, RBI support; logs monthly riseThe Indian rupee hit its highest level in almost four weeks against the US dollar, buoyed by fresh investments due to stock index adjustmen...
- US Stock Market: Jobs data, Broadcom results to test stock rally near record highsUS stocks are trading near record highs, but the rally faces key tests this week from August jobs data and Broadcom’s quarterly results. In...
- Gold holds ground after 3% drop on Warsh's hawkish stanceOn Monday, gold prices held steady following a noteworthy decline. Federal Reserve Chair Kevin Warsh suggested that interest rate hikes cou...
- Wall Street Week Ahead: Jobs report, Broadcom results pose next hurdles for stock market rallyIn the coming week, the U.S. jobs data will be a focal point for investors, potentially impacting the Federal Reserve's interest rate strat...
- The number of Americans applying for jobless aid slips to 203,000 as layoffs remain lowJobless claims in the United States have fallen to historic lows. Layoffs are rare, and most Americans currently enjoy job security. The ec...
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