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October 11, 2023
Inflation, as measured by the producer price index, rose by two-tenths of a percentage point to 2.2% for the year ending in September, the third month of increases, driven in large part by higher energy costs.
October 5, 2023
Shares are set to open higher; US job market still hot; oil extends slump to fall below $US85; GQG Partners records FUM at $166.1 billion. Follow here for more.
October 5, 2023
6 October, 2023 Happy Friday!COMMODITY/FOREX/CRYPTO MARKET PRICESGold: US$1,823.38 (+0.13%)Silver: US$21.14 (+0.89%)Nickel (3mth): US$18,723/t (-0.03%)Copper (3mth): US$7,949.50/t (-0.71%)Oil (WTI): US$82.89 (-1.58%)Oil (Brent): US$84.48 (-1.55%)Iron 62pc Fe: US$119.50/t (+0.04%)AUD/USD: 0.6341 (+0.25%)Bitcoin: US$27,670 (+0.49%)Across marketsAustralian shares are set to open slightly higher as the US bond market continued to trouble investors and unemployment figures indicated the labour market...
September 21, 2023
NEW YORK, Sept. 21 (Xinhua) -- The U.S. dollar gained in late trading on Thursday, as the U.S. weekly jobless claims dropped to an eight-month low and the labor market remains tight.
September 4, 2023
Biden Praises Closely Watched Jobs Report, But It’s A Mixed Bag
September 3, 2023
Labour market conditions ease, confirm that Fed may not raise interest rates
September 2, 2023
Job growth jumped a bit in August but unemployment rose to its highest level in over a year. The new data could help Fed to push pause on rate hike strategy as broader economy shows signs of cooling off.
September 2, 2023
Nonfarm payrolls increased by 187,000 jobs last month after rising by 157,000 in July. Job growth averaged 150,000 per month over the past three months, sharply down from 238,000 in the three months through May.
September 2, 2023
US job growth picked up in August, but the unemployment rate jumped to 3.8 percent and wage gains moderated, suggesting that labour market conditions were easing and cementing expectations that the Federal Reserve will not raise interest rates this month.
September 1, 2023
Job growth jumped a bit in August but unemployment rose to its highest level in over a year. The new data could help Fed to push pause on rate hike strategy as broader economy shows signs of cooling off.