Tag Archives: NFP Data

The U.S. dollar edged lower on Tuesday, reflecting cautious sentiment as the country heads into a closely contested presidential election that could trigger significant foreign exchange volatility. The Dollar Index, which measures the greenback against a basket of six major currencies, fell by 0.1% to 103.655 at 04:10 ET (09:10 …

Wall Street roared to life on Friday, propelled by a surprisingly weak October jobs report. The US economy added a mere 12,000 jobs, a stark contrast to the robust growth seen in previous months. This unexpected slowdown ignited hopes that the Federal Reserve might temper its aggressive rate hike trajectory. …

The Federal Reserve is poised to once again navigate a complex economic landscape as it prepares for its upcoming policy meeting. While the central bank is widely expected to implement a modest interest rate cut, the underlying economic conditions present a nuanced picture. The recent employment report, though initially underwhelming, …

US Dollar Weakens on Yen Strength and Fed Rate Hike UncertaintyThe US Dollar weakened on Thursday as the Japanese Yen strengthened after a slightly hawkish tone from the Bank of Japan. The upcoming US labor market report on Friday is crucial for determining the Federal Reserve’s future rate hike path. …

The US Dollar weakened on Thursday, despite persistent inflationary pressures and lower-than-expected jobless claims. The Personal Consumption Expenditure (PCE) Price Index, a key inflation gauge, rose 2.1% year-over-year in September, while core PCE remained steady at 2.7%. Additionally, initial jobless claims declined to 216,000, defying market expectations of an increase.Market …

U.S. stock index futures declined on Thursday, influenced by disappointing forecasts from tech giants Meta (NASDAQ:META) and Microsoft (NASDAQ:MSFT), which pointed to increased capital spending. By 04:01 ET (08:01 GMT), the Dow futures dropped 181 points (0.4%), the S&P 500 futures fell 41 points (0.7%), and the Nasdaq 100 futures …

The upcoming October jobs report is poised to significantly influence the trajectory of the U.S. economy and financial markets. A robust employment figure could potentially delay the Federal Reserve’s plans to ease monetary policy through interest rate cuts. Such a development would ripple through various sectors, with small-cap stocks, particularly …

U.S. stock index futures remained steady on Tuesday after a strong rally in technology shares pushed major Wall Street indices to record highs in the previous session. As investors prepare for key corporate earnings reports, market sentiment remains cautious but optimistic. By early morning trading, Dow Jones Futures inched up …

Gold prices remained relatively unchanged in Asian trade on Thursday, with investors focusing on upcoming U.S. inflation data to gauge the future path of Federal Reserve interest rate cuts. A stronger U.S. dollar continued to apply pressure on gold, which has dropped from record highs due to the expectation of …

Gold prices extended their decline in Asian trading on Wednesday, as growing expectations of slower rate cuts by the Federal Reserve weighed on the market. A stronger U.S. dollar, supported by rising Treasury yields, added pressure on metals. Spot gold slipped 0.2% to $2,615.90 per ounce, while December gold futures …