Economic Report

The latest ADP National Employment Report delivered a negative surprise, showing a decline of 32,000 private-sector jobs in September, well below expectations for an increase of 52,000. The report, compiled from payroll data of nearly 400,000 U.S. businesses, highlights further weakness in the labor market. It also marks a continuation …

The U.S. dollar remained under pressure on Wednesday, slipping toward one-week lows as the federal government shut down following a failed Senate vote to extend funding, raising concerns over delayed jobs data critical for Federal Reserve policy. The dollar index edged 0.1% lower to 97.92, extending recent losses. The greenback …

Gold prices surged to fresh records in Asian trade on Wednesday after the U.S. government officially entered a shutdown, fueling haven demand and weighing on the dollar. Spot gold touched an all-time high of $3,875.53 an ounce, before easing slightly to $3,862.22 by 00:22 ET (04:22 GMT). Gold futures for …

Japan’s factory activity contracted at the steepest pace since March, as weak overseas demand and U.S. tariffs weighed heavily on output and orders, a private survey showed on Wednesday. The S&P Global Japan Manufacturing Purchasing Managers’ Index (PMI) dropped to 48.5 in September, down from 49.7 in August and marking …

Gold prices showed remarkable resilience on Tuesday, extending their climb to trade around $3,851.665 per ounce at the time of writing. The yellow metal trimmed earlier intraday losses, successfully recovering from a dip that tested support at $3,793.175 after briefly touching a fresh all-time high of $3,871.890. This significant rebound …

The administration of President Donald Trump is preparing for a potential U.S. government shutdown starting at midnight due to a dispute over federal funding. This shutdown would be the first since 2018, raising concerns among financial markets, as it threatens to delay the release of crucial economic data and create …

Tuesday’s JOLTS report for August 2025 shows a subtle but important shift in the U.S. labor market. Job openings increased slightly to 7.227 million, up from 7.208 million in July, exceeding market expectations of 7.2 million. Despite this modest uptick, hiring remains subdued at 3.2%, voluntary quits dipped to 1.9%, …

The Canadian Dollar, often a mirror reflecting broader North American sentiment, is presently stuck in a state of purgatory. While it held steady against the US Dollar on Tuesday, this stability isn’t a sign of strength but rather of market paralysis. The overarching, dramatic tension created by the looming US …

U.S. stock index futures edged lower on Tuesday, as investors weighed the growing likelihood of a government shutdown and a fresh wave of trade tariffs, while also positioning ahead of the release of key labor market data. At 06:10 ET (10:10 GMT), Dow Jones Futures slipped 110 points, or 0.2%, …

Oil prices extended their decline on Tuesday, pressured by expectations of rising supply as OPEC+ prepares for another production increase and exports from Iraq’s Kurdistan region resumed through Turkey, reinforcing concerns of a looming surplus. By 08:09 GMT, Brent crude futures for November delivery, expiring today, dropped 1.2% to $67.13 …