Stocks stumbled to end an otherwise positive month of May as investors appeared to press pause on AI enthusiasm and the prospect of the Federal Reserve holding interest rates higher for longer ...
Economic data from Australia, China, and the US are poised to drive the AUD/USD exchange rates as investors speculate on ...
Weekly unemployment claims are considered a proxy for the number of U.S. layoffs ... In total, 1.77 million Americans were collecting jobless benefits during the week that ended April 20. That’s also ...
Gold trader focus on the Fed’s inflation approach, global uncertainties, and central bank buying, supports a bullish ...
The Pound Sterling needs acceptance above 1.2800 to sustain the bullish momentum. The Pound Sterling (GBP) tested 1.2800 ...
A separate report showed weekly jobless claims rose more than expected. The US 10-year Treasury yields were down by 17 basis ...
Asian markets traded higher, while the US stock indices ended lower overnight weighed down by selling in technology stocks.
Asian stocks ended on a mixed note Friday even as a downward revision to U.S. first-quarter GDP data revived hopes for Fed rate cuts ...
GDP grew 1.3 percent in the first quarter compared to the previously reported 1.6 percent jump. Weekly jobless claims rose more than expected, while pending home sales in April fell to their slowest ...
Jobless claims for the week ending May 25 rose by 3,000 to 219,000, up from 216,000 the week before, the Labor Department reported Thursday. Weekly unemployment claims are broadly interpreted as a ...
The US dollar steadied on Friday following a sharp slide in the previous session after US GDP came in weaker than expected pointing to a possible reduction in interest rates by Fed to keep the economy ...
A separate report showed weekly jobless claims rose more than expected. Salesforce shares plunged 19.7 per cent, a day after ...