Tag Archives: labour

The EUR/GBP pair has declined for a second consecutive day, falling towards 0.8605. The Eurozone’s preliminary Q2 GDP report is set to be released on Wednesday, and no relevant data releases will feature on Monday’s economic calendar. The Office for National Statistics will release key labour market data on Tuesday, …

Gold price registered losses for the third straight week, with concerns over China’s economic stability continuing to weigh on the precious metal’s price. Gold failed to build on last Friday’s gains and started the week on a bearish note. Gold is trading at $1912.90 per ounce at the time of …

Gold prices hovered near a one-month low on Thursday, as investors awaited US inflation data that could determine the path the Federal Reserve will take on interest rates going forward. Gold increased 0.2 percent in spot transactions to $ 1,918 an ounce by 0337 GMT, but it is hovering near …

Following a brief bounce ahead of the key inflation data in the United States, looming CPI figure, gold price is under selling pressure. For additional direction, investors await US inflation data. The price of the precious metal, which is currently selling at $1917.71, has decreased by almost -0.40%. The price …

The US dollar experienced renewed selling pressure after the July jobs report, which showed a 187,000 increase in nonfarm payrolls. The US Bureau of Labour Statistics reported that Nonfarm Payrolls in the US rose 187,000 in July, weaker than the market expectation of 200,000. The US Dollar Index recorded 101.807 …

The US Bureau of Labour Statistics will release the awaited Nonfarm Payrolls (NFP) report for July on Friday. The jobless rate remains at 3.6%, indicating that the labor market remains extremely tight.Nonfarm Payrolls are expected to have increased by 200,000 in July, down from the 209,000 jobs that were reported …

The Standard & Poor’s 500 and Nasdaq indexes fell at the close on Wall Street on Thursday, affected by the decline in Tesla and Netflix shares after the release of their quarterly results, but the Dow Jones Industrial Average closed higher for the ninth consecutive day, thanks to Johnson & …

Job growth in the United States slowed more than expected in June after a sharp increase in the previous month, but the labor market shortage persisted, with the unemployment rate falling from a seven-month high and relatively large wage increases continuing. On Friday, the Labor Department said in its well-watched …

Wagner Group mutiny provided temporary support to equity markets, but the fundamental pressure continued to crumble. Stocks experienced a momentary lift, but the economic slowdown in the USA and higher rates caused lower prices later. A correction in US equities is likely due to more than just a technical issue. …

The EUR/USD reaches 1.0746, surging over 0.50% from its opening price, following a weekly low of 1.0635. Weakening US manufacturing activity, as indicated by the ISM Manufacturing PMI falling to 46.9 in May, fuels speculation of a Fed pause on tightening.Mixed employment data shows private hiring surging but falling short …