The U.S. dollar extended its retreat on Monday, pressured by growing expectations that the Federal Reserve will restart its easing cycle at next week’s policy meeting, following a disappointing U.S. jobs report. At 04:15 ET (08:15 GMT), the Dollar Index — which tracks the greenback against six major peers — …
Read More »Gold Breaks Past $3,600 to Set New All-Time Peak
Gold prices hovered close to record levels on Monday, extending last week’s rally after weak U.S. labor market data reinforced expectations that the Federal Reserve could lower interest rates as early as next week. Spot gold was steady at $3,585.68 per ounce, just below Friday’s all-time high of $3,600.03. U.S. …
Read More »Weekly Recap: The Big Reveal – Why the Weak Jobs Report Is Good News for Some Markets
Last week, the U.S. financial landscape was fundamentally reshaped by a single piece of economic data: a stunningly weak jobs report for August. The report showed a mere 22,000 jobs added, well below the 75,000 forecast, while the unemployment rate ticked up to 4.3%. For some, these numbers might signal …
Read More »What Does the Recent Oil Price Drop Reveal About the Global Economy?
The price of West Texas Intermediate (WTI) crude oil has just hit a new low, trading around $61.87 a barrel. This sharp decline, extending a three-day losing streak, is a direct result of market anxieties swirling around the upcoming OPEC+ meeting. With Saudi Arabia reportedly pushing for a significant increase …
Read More »Is the “Trump Put” Back? Why Wall Street Is Cheering on Weak Jobs Data
It’s been an unusual week on Wall Street, and Friday was the strangest day yet. After a series of reports showed a softening labor market, the latest jobs report landed with a thud: the US economy added just 22,000 jobs in August, far fewer than anyone expected. Stocks, which had …
Read More »Euro’s Surge: Can it Change the Global Game?
While the US labor market shows signs of softening, the Eurozone is telling a different story. Recent data revealed that the Eurozone’s GDP was revised slightly higher for the second quarter of 2025. This divergence is critical. As the US economy appears to be slowing down, the Eurozone is showing …
Read More »Has Recent Weak US Jobs Report Just Sent Gold to $3,600?
Gold has officially shattered its all-time record, soaring to a new peak. This stunning rally, with the price now at $3,595.395, wasn’t a random event; it was a direct reaction to a crucial piece of economic data: the latest US Nonfarm Payrolls (NFP) report. This is just the latest move …
Read More »Why Is Silver Soaring? The Jobs Report Holds Part of the Answer
Silver has been on a remarkable run, consolidating its position near a 14-year high. This rally has been fueled by a significant event: the release of softer-than-expected US jobs data. The recent Nonfarm Payrolls (NFP) report for August showed the US economy added a paltry 22,000 jobs, far below the …
Read More »Dollar Weakens as Traders Brace for Key U.S. Jobs Data
The U.S. dollar slipped on Friday, retreating against major peers as global bond markets stabilized and investors awaited the closely watched U.S. nonfarm payrolls report, a key test for the Federal Reserve’s policy path. The dollar index, which tracks the greenback against six major currencies, dipped 0.2% to 98.018 in …
Read More »Oil Extends Decline as Supply Concerns Weigh, OPEC+ Meeting in Focus
Oil prices fell for a third straight session on Friday, heading for their first weekly loss in three weeks, as markets weighed the prospect of higher supply and unexpected U.S. inventory builds against lingering geopolitical risks. Prices Edge Lower, Weekly Losses Loom By 08:10 GMT, Brent crude futures slipped 0.5% …
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