The recent debate between Republican Donald Trump and Democratic Vice President Kamala Harris has left Wall Street investors on edge. The debate was closely watched and focused on key policy issues such as the economy, immigration, and Trump’s legal troubles. However, it failed to provide investors with the clarity they were looking for on important
Development
The EUR/JPY cross has seen a decline for the second consecutive day, reaching a one-month low of 158.20 during the Asian session. Despite a slight recovery in spot prices over the last hour, the cross is still down by nearly 0.30% for the day, trading around the mid-158.00s. This downward movement can be attributed to
As per Shane Oliver’s analysis of the US Jobs Report, the US Aug payrolls increased by 142k. The near-term trends for AUD/USD are likely to be influenced by the upcoming US CPI Report. If the figures turn out to be weaker than expected, it could overshadow the softer Australian consumer inflation expectations, leading to a
Today, the UK labor market data was released, and it showed that employment growth exceeded expectations. This positive news had an initial bullish impact on GBP/USD, causing it to rise above 1.3100. However, the pair retraced shortly after, indicating that bulls are struggling to capitalize on the strong data. This could potentially signal the dominance
The U.K. is facing significant challenges when it comes to commercializing technology businesses globally. According to Warren East, former CEO of Arm, there is a need for a mindset shift within the investor community in order to succeed on the world stage. East pointed out that there has been a lackluster growth and poor rates
Upon initial analysis, the NFPs may not appear to be weak, but a closer look reveals that the anticipated buying squeeze was short-lived. Despite initial speculations about a 50bp cut in September, the actual odds of this happening remained stagnant at 30%. This lack of movement in the odds follows a previous policy mistake in
The year 2024 has seen a surge in exchange-traded fund inflows, surpassing previous monthly records. Managers are closely monitoring this trend as they anticipate the impact of the money market fund boom on ETF inflows by the end of the year. Nate Geraci, president of The ETF Store, highlighted the significance of the $6 trillion
Elizabeth Street Garden, a cherished public oasis in lower Manhattan, faces imminent eviction to make way for a new housing development project. The garden, founded in 1991 by an antiques gallery owner, has become a symbol of community and respite in the crowded Little Italy neighborhood, immortalized in films like “Mean Streets” starring Robert De
Gold prices have been on the rise, with a troy ounce of the precious metal currently priced at 2517 USD. The market is eagerly awaiting the release of August’s crucial US employment report, as it could have a significant impact on the Federal Reserve’s interest rate outlook. Lower interest rates are expected to reduce the
The EUR/USD pair has remained stable around 1.1077, with investors holding back and conserving their energy in anticipation of crucial employment data from the United States. The ADP private sector jobs report, which is due today, is expected to provide a general sense of market sentiment. The market will also closely watch the weekly unemployment
The recent data from the Labor Department indicates a decline in the number of Americans filing new applications for jobless benefits, suggesting that layoffs remain low. This development alleviates concerns about the deterioration of the labor market and allays fears of a looming recession. The weekly jobless claims report also shows a reduction in unemployment
The recent spike in unemployment in July has left economists puzzled, with Arch Capital Chief Global Economist Parker Ross suggesting that temporary layoffs may have been a key factor. This has raised concerns about the stability of the labor market and its implications for future job reports. The upcoming August jobs report may shed more
- « Previous Page
- 1
- …
- 12
- 13
- 14
- 15
- 16
- …
- 37
- Next Page »