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ADP LABOR MARKET REPORT
Holiday Halt: NYSE, Nasdaq to remain closed today for Independence Day holidayUS financial markets observed a closure on Friday, July 3, in commemoration of Independence Day, as the holiday fell on a Saturday. Trading...
Gold price at Rs 1.47 lakh/10g; silver gains Rs 5,000/kg as US jobs data cools inflation worries. What are experts saying?Gold and silver prices opened sharply higher on MCX on Friday after weaker-than-expected U.S. labour market data reduced expectations of fu...
US Stock market: Fed's Daly says AI, inflation uncertainty clouds interest rate outlookSan Francisco Fed President Mary Daly highlighted that US monetary policy remains slightly restrictive, but the economic outlook is increas...
US Stock Market: Soft US jobs data eases Fed rate fears, lifts market sentimentA recent U.S. jobs report, showing slower-than-expected growth and downward revisions, has eased investor fears of persistent inflation and...
Gold heads for first weekly rise in five on easing Fed rate hike betsGold prices surged on Friday, marking its first weekly gain in five weeks. This uptick is attributed to softer-than-expected U.S. jobs data...
Global Market Today: Asian stocks slip on AI woes, oil extends dropAsian stocks dipped, mirroring a global tech sell-off fueled by concerns that the AI rally has overheated. Investors are questioning sky-hi...
US stocks today: US stocks rise as softer jobs data calms rate-hike fearsUS markets climbed after June hiring slowed more than expected, easing fears of further Fed tightening. The data pointed to a cooling but r...
US hiring falls to just 57,000 in June amid elevated inflation, global turmoilUS employers significantly slowed hiring last month, adding just 57,000 jobs, a stark contrast to previous months. This cautious approach s...
Dollar steady as focus turns to US payrolls, yen intervention jitters persistMarkets are keenly awaiting crucial U.S. non-farm payrolls data on Thursday, with the dollar holding steady. Meanwhile, the Japanese yen's ...
Gold extends gains on weak jobs data, lower oil pricesGold prices climbed on Thursday, reaching a one-week high, buoyed by weaker-than-expected U.S. jobs data and a dip in oil prices. Investors...
US private sector job growth misses expectations in June: ADPUS private sector job growth in June fell short of expectations, adding only 98,000 positions. This marks a slowdown from May's figures, wi...
Rupee hits near three-week low at 95.24 vs USD as Asian currencies drop on Fed, Iran war cautionThe Indian rupee hit a near three-week low on Wednesday, mirroring declines in Asian currencies. Investors grew cautious ahead of U.S. Fede...
Global Market Today: Asian stocks rise after US tech gains, yen steadyAsian markets surged, mirroring a strong US performance driven by chipmaker gains and resilient economic data. Investors are largely overlo...
US consumer confidence edges up in June; labor market perceptions deteriorateUS consumer confidence saw a slight uptick in June, buoyed by falling gasoline prices following a Middle East truce. However, this optimism...
US job openings stayed at a surprisingly strong 7.6 million in MayDespite the economic fallout from the Iran war and soaring energy prices, the U.S. job market shows surprising strength. Job openings in Ma...
Gold poised for biggest monthly drop since 2008 amid Fed rate hike expectationsGold prices are experiencing a significant monthly drop, nearing their largest decline since 2008. This downturn is driven by expectations ...
Gold price tumbles Rs 1,800/10 grams, silver slips below Rs 2.21 lakh/kg. What's next?Gold and silver prices tumbled over 1% on Tuesday, driven by Middle East tensions and anticipated US Federal Reserve rate hikes to combat i...
Two-year yields dip as Hormuz flows rise, hopes on inflation growTreasury yields dipped Friday as falling oil prices, linked to increased Strait of Hormuz shipments, sparked hopes of easing inflation. Whi...
Global Market: US weekly jobless claims drop more than expectedUS unemployment claims saw a sharper-than-expected drop last week, signaling continued labor market strength. Despite this positive sign, a...
India leads APAC in job security confidence: ADP ResearchIndia leads the APAC region in job security confidence, with 30% of workers feeling their jobs are safe, significantly higher than the glob...