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LABOR MARKET RESILIENCE
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...
Gold, silver prices crash up to 53% from January peak. Time to buy before Dhanteras, festive season?Gold and silver prices have corrected sharply from their January peaks, raising questions about whether the fall offers a buying opportunit...
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...
US consumers are muscling through higher prices, but for how long?High gas prices are impacting inflation, leading to increased costs across various sectors and goods. Consumers are still maintaining spend...
Global Market: Wall Street in focus as US jobless claims ease amid Fed rate uncertaintyUS jobless claims fell to 197,000 last week, below expectations, signalling low layoffs despite sluggish hiring. The data keep the Federal ...
- America In Focus: Unemployment rate climbs, mortgage rate hits nearly 3 year high
The US economy showed mixed signals over the past week, with consumer confidence falling to its lowest level since 2014 and mortgage rates ...
Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecastUS stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining ...
US adds disappointing 29,000 jobs and unemployment ticks up to 4.2% in SeptemberThe U.S. job market saw a sharp decline, with only 29,000 new positions added last month, pushing the unemployment rate up slightly to 4.2%...
US jobless claims fall to lowest level since July, labour market stays resilientThe US labor market demonstrated resilience as new unemployment claims dropped to 197,000 last week. Initial jobless claims decreased from ...
Global Market Today: Asian shares mixed as bond yields, oil keep investors on edgeContracts for the S&P 500 Index rose 0.5% after the underlying gauge erased its gains to close 0.2% lower in the final hours of Wednesday t...
Global Market Today: Asian shares mixed as surging oil, Treasury yields weighEquity-index futures for Asia were mixed, while contracts for US stocks edged higher after the S&P 500 erased its advance for the month and...
Why are US bond yields rising? 30-year Treasury hits its highest level since 2004, but what does it mean for household budgets?The US bond market is executing a severe repricing of the cost of money. On Thursday, the 30-year Treasury yield reached 5.48%, a peak unse...
Gold, silver plunge up to 3% as oil surge, rate-hike bets trigger sell-off. What lies ahead?MCX gold and silver fell sharply as higher oil prices revived inflation concerns and boosted expectations of further US Federal Reserve rat...
US Market: Wall Street rally faces fresh test as jobs, inflation data loomUS stocks face a crucial week as September employment and PCE inflation data could influence Federal Reserve rate expectations. Despite ele...
Indian rupee, bonds vulnerable to oil pangs on waning Iran diplomacy hopesThe Indian rupee and government bonds are set to face challenges as oil prices climb. Global bond yields have surged to multi-year peaks, c...
Global Market Today: Asian shares subdued as rising oil fuels rate hike concernsMSCI’s gauge of Asian stocks opened slightly lower with South Korea’s benchmark slipping as markets returned from a holiday, while Japanese...
US hiring appetite is healthy as economy powers aheadThe labor market in the US is poised for notable growth as nonfarm payrolls are anticipated to climb in September. Economists foresee the u...
Wall Street Week Ahead: Jobs report, inflation data to test US rate path, economic strengthUpcoming reports on employment and inflation are poised to influence expectations around interest rate hikes, subsequently impacting the US...
Gold ticks up from near six-week low as investors weigh Fed outlookOn Thursday, gold prices slightly increased after previously touching a six-week low, responding to the U.S. Federal Reserve’s hike in inte...