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Gold set for weekly gain as markets await US payrolls dataGold prices have seen a surge in early Asian markets, climbing by 0.4% as investors brace for the crucial US non-farm payrolls report. With...- US yields fall in choppy session as oil rises and equities sinkAs geopolitical tensions change the landscape, US Treasuries are witnessing a spike in demand while equity markets take a hit and oil price...
- US weekly jobless claims at 57-year lows amid low layoffsInitial claims for state unemployment benefits fell 6,000 to a seasonally adjusted 189,000 for the week ended October 31, the Labor Departm...
- Dollar edges lower as US election outcome cheers global marketsIn the aftermath of the Democrat wins during the US midterm elections, the dollar experienced a dip against various currencies. The results...
- Global Market Today: Asian shares retreat as US futures slide on mid-term election betsContracts for the S&P 500 Index dropped 0.3%, erasing an initial gain of 0.5%, while those for the Nasdaq 100 declined 0.6%. The dollar dro...
- US job openings increase sharply by 333,000 in SeptemberIn September, the US saw a notable increase in job openings, showing a rise of 333,000. Layoffs fell to 1.641 million, providing evidence o...
- Global Market Today: Asian stocks slide as US chip selloff deepensThe MSCI Asia Pacific gauge dropped 0.4% with South Korea’s Kospi Index sliding almost 3%. In the US, a gauge of chipmakers extended a thre...
- US weekly unemployment claims hover near 57-year lowsInitial unemployment claims in the United States have decreased slightly to 194,000 for the week ending October 24. Labour market condition...
- US Fed Chairman Kevin Warsh just telegraphed more rate hikes without saying itWarsh used his assessment of a strong economy and warnings over persistent inflation to signal the Fed’s job is not yet done. The message r...
- Global Market Today: Asian stocks advance on resurgent AI optimismThe MSCI Asia Pacific Index rose 0.6%, as benchmarks in Australia, Japan and South Korea advanced. The Kospi Index rose 2.6%, with SK Hynix...
- Fed expected to hold rates steady days ahead of US midtermsThe US Federal Reserve appears set to hold interest rates steady at its meeting next week, analysts say, despite stubbornly high inflation ...
- Are Your Job Postings Driving Away Creative Talent?Many organizations say they want innovative talent but undermine themselves with the wrong recruitment language. An analysis of 10,000 crea...
- US bond market down: Why are 10-year, 30-year, 2-year treasury yield notes are falling? Check latest predictionsUS bond Yields have dropped in recent days, as concerns about a slowdown in AI spending and its impact on economic growth have overshadowed...
- US weekly jobless claims near 57-year lowsEconomists say rising profits amid strong domestic demand were shielding workers from layoffs. There are, however, worries that tightening ...
- Ahead of massive IPOs, AI companies are sketching plans to share their wealthOn Sunday, Anthropic said it would commit 5% of its shares to the Anthropic Public Benefit Fund, a new entity within the company, pending a...
- Asia’s resilience masks a growing jobs challenge as AI reshapes workThe Asia-Pacific region has shown resilience despite energy shocks and trade restrictions, with the IMF projecting 4.8% growth. While some ...
- JD Vance defends US immigration policy, says social cohesion must be a priorityIn a recent town hall meeting, US Vice President JD Vance stood by the Trump administration's immigration policy, which emphasizes communit...
- USD rate: Why is US Dollar down from 18-month peak?USD rate: Government bonds rallied and the dollar pulled back, reflecting cautious remarks from Federal Reserve officials that further cool...
- The number of Americans filing for jobless aid remain at historically low levels below 200,000U.S. unemployment benefits applications slightly increased, with initial claims rising to 199,000 for the past week. Despite the increase, ...
- US Federal Reserve's Mary Daly sees more rate hikes ahead, but not necessarily in OctoberSan Francisco Federal Reserve President Mary Daly indicated that further adjustments to interest rates might be necessary to address inflat...
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