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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.
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.
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 was
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.
Biden Praises Closely Watched Jobs Report, But It’s A Mixed Bag