Job openings in the United States showed a modest increase in September, as the market recovers from the impact of the COVID-19 crisis, data showed on Tuesday. The job openings rose by 84,000 to 6.4 million by the end of September, according to the U.S. Department of Labor’s monthly Job …
Read More »Weekly Recap 2-6 Nov
The headlines of the US election were dominating the markets past week with the intense competition between Trump and Biden, which Biden settled by a difference of votes, here are the highlights of the past week. The US Federal Reserve decided to keep interest rates near zero at 0.25% while …
Read More »US Election: AP Call Elections For Biden
Joe Biden has been elected the 46th President of the United States according to AP. The former Vice-President has pulled ahead in Pennsylvania. The latest batch of votes from the Keystone State put Biden ahead by around 34,000 votes ahead of President Donald Trump.
Read More »France Expects Better Trade Relations with Biden
Bilateral trade between France and the United States could be better if the Democratic nominee Joe Biden wins the elections, according to the French Minister of Trade, Franck Riester. France would surely see an improvement in relations. We would be more aligned on matters of sustainable development and perhaps also …
Read More »US Election: Biden Takes The Lead in the Battleground State of Pennsylvania
Former Vice President Joe Biden has taken a small lead in the battleground state of Pennsylvania against US President Donald Trump with 95% os the estimated votes tallied so far, Reuters reported, citing Edison Research. According to the latest figures, Biden has 49.4% and Trump has 49.3% in the state.
Read More »NFP Rise by 638K in October
Nonfarm Payrolls (NFP) in the US rose by 638,000 in October, the data published by the US Bureau of Labor Statistics showed on Friday. This reading followed September’s increase of 672,000 (revised from 661,000) and beat the market expectation of 600,000. Further details of the publication revealed that the Unemployment …
Read More »US Election: Biden Takes The Lead in Georgia, With 99% of Estimated Votes Tallied
With 99% of the estimated votes tallied in Georgia, there seems to be a flip in the expected outcome, as the former Vice-President Joe Biden takes the lead. President Trump lost footing in the battleground after his lead continued to narrow in the last hours.
Read More »US election: Trump Leads in Pennsylvania With 89% of Votes Tallied, 50.5% vs. 48.2%
US President Donald Trump has 50.5% and former Vice President Joe Biden has 48.2% in the battleground state of Pennsylvania with 89% of votes tallied so far, Reuters reported, citing the latest data from Edison Research.
Read More »US: Weekly Initial Jobless Claims Decline to 751K
There were 751,000 initial claims for unemployment benefits in the US during the week ending October 31st, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed last week’s print of 758,000 (revised from 751,000) and came in worse than the market expectation of …
Read More »US: Challenger Job Cuts Decline to 7-Month Low in October
Planned job cuts in the US-based employers declined to 80,666 in October from 118,804 in September, Challenger Gray & Christmas announced in its latest Job Cut Report on Thursday. “October’s total is 32% lower than the 118,804 cuts announced in September,” the publication read. “It is 60% higher than the 50,275 …
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