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Market Focus: Key Inflation Data and Fed Policy Signals
The January employment report, published last Friday, was met with a lukewarm reaction from market participants. The number of new jobs in the US for January fell short of expectations (143K vs 169K). On the positive side, the unemployment rate declined (4.0% vs 4.1%), and the average wage growth indicator increased (0.4% vs 0.3%). Major…
Trump: We are very close to meeting our objectives in Iran | investingLive
Here is the latest from Trump: We are getting very close to meeting our objectives as we consider winding down our great Military efforts in the Middle East with respect to the Terrorist Regime of Iran: (1) Completely degrading Iranian Missile Capability, Launchers, and everything else pertaining to them. (2) Destroying Iran’s Defense Industrial Base….
Australia jobs fall -2.5k in May, but full-time hiring and hours worked offer Support – Action Forex
May’s Australian employment data surprised to the downside, with a -2.5k decline compared to expectations of a 19.9k gain. Yet beneath the weak headline, the composition was stronger than it appears: full-time jobs surged 38.7k while part-time jobs plunged by -41.1k. Unemployment rate was unchanged at 4.1%, and the participation rate edged down from 67.1%to…
Why Falling Stocks and Rising Bond Yields Are a Red Flag for Markets
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GBP/USD hit a new six-month low this Thursday – ForexNews.PRO
GBPUSD: The pound sterling gave up ground on the back of a poor British news calendar. Pound traders are expecting a tight data schedule on Friday. GBP/USD lost another four-tenths of a percent on Thursday, hitting six-month lows, as underlying weakness in the pound sterling leads the pair further down against the US dollar. Market…
