USD Index Likely on Course to Snap Four-Week Winning Streak, Chart Shows
0543 GMT - The USD Index is likely on course to snap a four-week winning streak at current levels, based on the weekly chart, Matt Simpson, market analyst at Forex.com and City Index, says in a commen
US Services Sector Activity Experiences Largest Contraction In Over 4 Years: Gold Rallies, Dollar Tumbles As Traders Raise Rate Cut Bets
Business sentiment in the U.S. services sector plummeted in June, missing economic estimates by a wide margin and indicating that the pace of economic growth slowed down markedly at the end of last qu
Private Employers Add 150,000 Jobs In June, Less Than Expected: Job Growth 'Solid, But Not Broad-Based'
The pace of job creation in the U.S. private sector fell short of expectations in June, suggesting a slight easing in labor market conditions.Private employers in the U.S. added 150,000 jobs last mont
Last Inflation Report Pushed Markets To Record Highs In June: Could It Happen Again Friday? 5 ETFs To Watch
The inflation report that's closely watched by the Federal Reserve — the Personal Consumption Expenditure price index — was published on May 31 for April data and sparked a fresh market rally in June,
Jobless Claims Exceed Estimates, Philly Fed Index Declines, Housing Starts And Permits Fall Sharply: Thursday's Economic Digest
Economic data released Thursday morning revealed slightly higher-than-expected weekly unemployment claims, sharp contractions in housing starts and building permits, and a drop in a business outlook s
Asia And Europe Markets Advance, Crude Near $80 While Dollar Gains - Global Markets Today While US Slept
On Monday, June 17th, the U.S. stock markets finished strong, with the S&P 500 and Nasdaq achieving record highs. This was driven by a surge in technology stocks amid excitement over artificial intell
Asia Dips, European Markets Advance, While Crude And Gold Trade Lower - Global Markets Today While US Slept
On Friday, June 14th, the U.S. stock markets showed mixed results. The Nasdaq achieved a record high for the fifth consecutive day, propelled by gains in Adobe and other tech stocks. In contrast, both
Overseas major asset weekly report | Expected interest rate cut in September reignites US stock market, French stock market experiences largest decline in over two years, crude oil leads the commodity.
As inflation cools down, the US stock market continues to hit record highs, while French President Emmanuel Macron's "magic operation" triggers a dual kill of French stocks and bonds, and the price of gold has risen for the first time in four weeks. The US chip sector continues to lead the way.
Asia Mixed, European Markets Continue To Decline While Dollar Advances - Global Markets Today While US Slept
On Thursday, June 13th, U.S. stock markets closed mixed, with the Nasdaq and S&P 500 reaching record highs for the fourth consecutive session, fueled by advances in technology and subdued inflation da
Stocks Turn To Losses, Bonds Rally On Falling Producer Prices, Rising Jobless Claims: What's Driving Markets Thursday?
Wall Street experienced a rude awakening the day after the Federal Reserve's June policy meeting, as investors sold off risky assets and shifted to safer bonds and cash in response to the latest batch
Producer Inflation Rise Less Than Expected, Jobless Claims Soar: Thursday's Economic Digest
Inflation felt by U.S. producers rose less than expected on an annual basis in May, bolstering market optimism for a sustained decrease in price pressures throughout the economy, following a lower-tha
Asia Mixed While European Markets Recover; Crude Inches Toward $80 - Global Markets Today While US Slept
On Tuesday, June 11th, the U.S. stock markets closed mixed. The S&P 500 and Nasdaq reached record closing highs for the second consecutive day, driven by a surge of over 7% in Apple shares. Investors
May Inflation Report Clashes With Fed Meeting: Traders Brace For Volatile Wednesday
For the first time since June 2020, the Consumer Price Index (CPI) report will be released on the same day as the Federal Open Market Committee (FOMC) meeting.This sets up a potentially volatile Wedne
Asia Markets Mixed, Europe Dips, While Dollar Advances - Global Markets Today While US Slept
On Monday, June 10th, U.S. stock markets closed higher, with the S&P 500 and Nasdaq narrowly achieving new record highs amid cautious trading ahead of an upcoming consumer price report and a Federal R
Market Stays Flat As Investors Anticipate Key Economic Events; Energy Stocks Lead Gains, Regional Banks Decline: What's Driving Markets Monday?
Wall Street is experiencing a quiet trading session on Monday, with major indices showing little movement by midday in New York, as traders maintain a cautious stance ahead of the highly anticipated i
Stocks Reclaim Record Highs As Jobs Data Fuels Growth Optimism; Gold, Bonds Tumble As Yields Rise: What's Driving Markets Friday?
Wall Street returned to reclaim record highs on Friday after a stronger-than-expected jobs report.In May, the increase in non-farm payrolls rose by 272,000 units, a jump from 165,000 and significantly
Job Market Booms In May: Payrolls Surge More Than Expected, Wages Increase
The U.S. labor market sharply outperformed expectations Friday, as monthly employment growth and wage increases in May topped topped forecasts.U.S. employers added 272,000 nonfarm payrolls in May, dow
Asia Mixed, Europe Markets Dip While Crude Back At $75 - Global Markets Today While US Slept
On Thursday, June 6th, U.S. stock markets closed mixed. The S&P 500 and Nasdaq composite dipped marginally, retreating from their recent record highs in anticipation of a major labor report, while the
Services Sector Activity Strongly Expands In May: 'Notable Higher Business Activity, Faster New Orders Growth'
The sentiment in the U.S. service sector sharply expanded in May, far more than expected and reversing the decline that began in April. What Happened: After 15 straight months of expansion, business m
152,000 New Jobs Added In May, Missing Expectations: 'Notable Pockets Of Weakness'
The rate of job creation in the U.S. private sector fell short of expectations in May, signaling a potential cooling in the labor market.U.S. private employers added 152,000 new jobs last month. That'