The US dollar struggled to find demand following mixed macroeconomic data releases on Thursday. The Initial Jobless Claims declined by 12,000 to 216,000 for the week ending October 26, while the Employment
The EURUSD currency pair is under pressure, trading in the 1.1060s on Wednesday, after the pair fell from 1.1135 on Tuesday, in a sell-off that amounted to a 0.60% one-day decline. Lower-than-expected
There will be just one US interest rate cut by the Federal Reserve this year, predicted the CEO of a leading financial advisory and fintech, after the jobs report for March exceeded
By Craig Erlam Stock markets were modestly higher on Thursday, recovering some of Wednesday’s losses as investors seemingly struggle to determine where things stand. There’s a desperate desire to cling on to
By Craig Erlam The first US jobs report of the year was an early reminder to investors that things don’t always go their way, despite the experience of the last couple of
By Craig Erlam An exceptional end to the year has left markets with a lot to live up to in 2024, with huge rate cuts and a soft landing now among the
By Craig Erlam If you’re a Federal Reserve official, you’ll find it hard not to be very pleased with the way this week’s gone from a labour market data perspective. The JOLTS
By Craig Erlam As we near the end of the summer, activity will start to pick up again and that may begin this week in the build-up to Friday’s jobs report. With
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 Moody’s Analytics President Biden and House Speaker Kevin McCarthy announced over the Memorial Day Weekend an agreement in principle to limit federal spending and suspend the debt limit. The House of
