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U.S. LABOR MARKET
US consumer prices increase as expected in JulyU.S. consumer prices saw a slight increase in July, which could impact Federal Reserve rate decisions. Core inflation also gained marginall...
Dollar subdued as markets await US inflation data for Fed cluesAs Asian markets greeted Wednesday, the dollar maintained its steadiness. Currency investors eagerly anticipated key inflation data from th...
Dollar near two-month trough as US inflation data awaitedThe US dollar experienced a decline against major currencies as investors closely monitor upcoming inflation figures. Both the euro and ste...
US Treasury yields fall as jobs report dashes hike betsU.S. Treasury yields saw a drop on Friday following an unexpected decline in July's job numbers. Traders subsequently lowered their predict...
Dollar drops as weak US jobs data pushes out Fed hike expectationsThe US dollar lost ground against key currencies due to unexpected job losses in July, raising fears about economic stability. As a result,...
US stocks: S&P closes at record high as soft jobs report eases rate-hike concernsThe US stock market enjoyed a significant boost on Friday as the S&P closed at an all-time high. The unexpected rise in job losses led to r...
Market cuts odds of Fed hike after jobs data, but economists still see case for tighteningThe weak job report for July has tempered expectations surrounding a Federal Reserve rate increase. Consequently, futures markets now indic...
Gold hits seven-week high as weak U.S. jobs data dents rate hike betsGold prices reached a seven-week high on Friday owing to surprising job losses in the United States that lowered the likelihood of upcoming...
US unemployment rate eases to 4.1%; employers cut 23,000 jobs in JulyThe United States economy unexpectedly lost jobs in July, which may affect Federal Reserve decisions. Nonfarm payrolls decreased by 23,000 ...
Gold heads for strongest week since January, US payrolls data in focusGold prices found stability on Friday, approaching their most significant weekly increase since January. Soothing concerns over inflation, ...
Global Market Today: Asian shares mixed as investors await US jobs dataTreasury futures inched lower in early Asian trading as higher energy prices revived concerns that the Federal Reserve may need to keep int...
US filings for jobless benefits rise to 199,000 last week, but layoffs remain historically lowU.S. jobless aid applications increased by one thousand last week. Filings for unemployment benefits reached one hundred ninety-nine thousa...
US service sector maintains strong growth pace in JulyThe Institute for Supply Management said on Wednesday its nonmanufacturing purchasing managers index inched up to 54.1 last month from 54.0...
China announces countermeasures against Washington, including controls on drones exports to the USChina has announced a fresh set of economic countermeasures against the US, including export controls on drones and sanctions on six Americ...
Gold ticks up on softer dollar, focus on US jobs dataOn Wednesday, gold prices experienced a modest uptick as the dollar lost strength. Investors are keenly anticipating important US jobs data...
US stocks: S&P 500, Dow hit record highs on strong AI-linked earnings, Mideast deal hopesWall Street's S&P 500 index reached a new intraday record high on Tuesday. Upbeat artificial intelligence forecasts from Caterpillar and Pa...
US stocks: Dow closes at record high on Iran talks optimismUS stocks opened August with strong gains, pushing the Dow Industrials to a record closing high. Easing oil prices and Treasury yields supp...