Argentina’s Milei defies calls to float Argentine peso freely, FT reports

The July nonfarm payrolls report showed just 73K jobs added, sharply missing the 110K estimate, with major downward revisions to prior months:. May was revised down from 144,000 to 19,000—> -125,000 June was revised down from 147,000 to 14,000 —> -133,000 The unemployment rate ticked up to 4.2% from 4.1% last month. The sharp revisions…

The euro successfully fulfilled the expected scenario by reaching the upper boundary of the channel that had been containing a prolonged upward movement, interpreted as a diagonal triangle. At this point, the pattern appears to be fully completed, and we already have confirmation in the form of a downward wave. Buyers are putting up strong……

TORONTO, May 16, 2025 (GLOBE NEWSWIRE) — FT Portfolios Canada Co. (“First Trust Canada”), announced today that the cap, buffer and dates for the next Target Outcome Period for the First Trust Vest U.S. Equity Buffer ETF – May (MAYB.F) (the “fund” or “May Buffer ETF”) are as follows: TICKER CAP BUFFER OUTCOME PERIOD MAYB.F…

Australia’s labor market took a hit in February, with employment falling by 52,800. That’s worse than the expected 30,000 job gain! This also marked a sharp reversal from January’s revised increase of 44,000 jobs. Despite the drop in employment, the unemployment rate held steady at 4.1%, in line with expectations. Other key details from the…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rallied across the board on Friday after data showed the world’s largest economy created more jobs than expected last month, reinforcing expectations that the Federal Reserve will pause its rate-cutting cycle at its policy meeting later this month. The dollar rose to its highest since July…