After becoming the fastest-growing social media platform and reaching 100 mln users twelve times faster than ChatGPT and 55 times faster than TikTok, Meta’s Threads has seen its user growth significantly slow
By Moody’s Analytics The U.S. labour market remains tight, but conditions loosened materially in June. The modest decline in the number of job openings from May to June comes after May’s figure
By Naeem Aslam The US jobs number failed to bring a massive surprise on either side. Non-farm payrolls rose by 187,000 in July, falling short of the market expectation of 200,000 and
By Naeem Aslam The most important day of the month is here: the US non-farm payrolls. This particular data set has the ability to not only dictate the trading tone for the
By Edward Moya Wall Street is watching a global bond market selloff get uglier as US stocks wavered late Thursday ahead of massive earnings from Apple and Amazon. A lot of economic
By Naeem Aslam With inflation running at the highest level among G7 nations, the Bank of England has no easy task on its hands. The UK central bank’s decision to hike interest
By Edward Moya US stocks are getting hit with a one-two punch on the Fitch US sovereign downgrade overnight and expectations the US Treasury will continue to boost the size of their
Meta has shattered all expectations for its second quarter earnings, surpassing Wall Street projections by an impressive $1 billion, according to StockApps.com. The Facebook parent has once again proven its dominance in the
By Lukman Otunuga, Senior Market Analyst at FXTM Asian markets were a mixed bag on Tuesday as weak China data countered the initial optimism set off by Wall Street overnight, after the
By Edward Moya US stocks wavered as a key Federal Reserve survey showed loan growth is weakening and that the economy should steadily weaken. The Senior Loan Officer Opinion Survey (SLOOS) indicates
