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According to the latest report from the US Department of Labor (DoL), there were 267,000 initial claims for US unemployment benefits in the week ending on the 6th of November. That was 2,000 more than expected, but down 4,000 from the week prior and, according to the DoL, “is the …

Inflation in the US, as measured by the Consumer Price Index (CPI), surged to 6.2% on a yearly basis in October from 5.4% in September, the US Bureau of Labor Statistics reported on Wednesday, surpassing the market expectation of 5.3% by a wide margin. The annual Core CPI, which excludes …

The largest digital currency, Bitcoin, managed to set a new record, surpassing the October peak beyond $68,000 Bitcoin prices jumped over the past few hours, reaching a new historical high at $68.5 thousand, while it is now rising around 4%. The market value of Bitcoin has jumped to levels of …

The Unemployment Rate in Canada edged lower to 6.7% in October from 6.9% in September, the data published by Statistics Canada showed on Friday. Net Change in Employment arrived at +31.2K in the same period, beating the market expectation of 19.3K.

Nonfarm Payrolls (NFP) in the US rose by 531,000 in October, the data published by the US Bureau of Labor Statistics showed on Friday. This reading came in better than the market expectation of 425,000. Additionally, September’s print got revised higher to 312,000 from 194,000. The unemployment rate fell to …

There were 269,000 initial claims for unemployment benefits in the US during the week ending October 30, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 283,000 (revised from 291,000) and came in better than the market expectation of …

The Bank of England’s (BoE) Monetary Policy Committee (MPC) decided to leave the benchmark interest rate unchanged at 0.1% following the November policy meeting. in line with the market consensus, market pricing was pointing out to a 50% chance of a 15 basis points rate hike.

Governor Andrew Bailey will deliver his remarks on the monetary policy decisions in a press conference at 12:30 GMT on Thursday, November 4.

The U. S. Federal Reserve announced on Wednesday that it will start tapering its asset purchases program by $15 billion in mid-November.The Federal Open Market Committee (FOMC) announced that it left the benchmark interest rate, the target range for federal funds, unchanged at 0%-0.25% as widely expected. More importantly, the …

Employment in the US’ private sector rose by 571,000 in October, the monthly data published by the Automatic Data Processing (ADP) Research Institute showed on Wednesday. This reading followed September’s print of 523,000 and was better than the market expectation of 400,000. Gold is now recording 1,785.47, down 0.13%, while …