Page 18 - Initial Jobless News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Markets Jittery Ahead Of Jobs Report  Share   Share Trending By the closing bell on Wednesday, there was a lot of green on the screen; all the major equity indices were higher, along with gold and bonds. The gains were slim, and it was a push and pull until the final minutes of trading. For the year, it’s the Russell 2000, still ahead of the pack.  Russell 2000: +16.4% S&P 500: +12.0% Nasdaq Composite: +6.7% Market breadth was pretty ho-hum, looking at advancers to decliners, but other components were very intriguing. A major decline in 52-week lows suggests greater bottom fishing, and ...

KUALA LUMPUR: The ringgit opened slightly lower against the US dollar today amidst cautious sentiment over the global market situation, with investors on the lookout for economic data to be released soon, a dealer said.

Thursday, 27 May 2021 09:47 AM MYT The local note was traded mostly higher against a basket of major currencies. — Picture by Hari Anggara Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, May 27 — The ringgit opened slightly lower against the US dollar today amidst cautious sentiment over the global market situation, with investors on the lookout for economic data to be released soon, a dealer said. At 9.05am, the local currency eased to 4.1430/1490 against the greenback from Tuesday’s close of 4.1400/1450. The dealer said that the ma...

Interest Rate Threshold Keeps Dropping  Share   Share Trending Initial Jobless claims totaled 900,000 for the week ending January 16 th, after shedding 965,000 in the week prior. These numbers are over four times greater than they were a year ago. I find this to be not only sad but also remarkable in that we are still losing close to one million jobs per week a year after the Wuhan virus first broke out. More signs of economic stress were found in the December Retail Sales report. Sales dropped 0.7% last month, and the data for November was revised down to show a decline of 1.4%, instead o...

1/22/2021 8:50:37 AM GMT The question we have is whether markets are still too positive? The virus keeps spreading, data is sliding, and mutant variants may be immune to the vaccine.  As we end the week, we have to hope that the stimulus packages keep working and trust in the science! We still feel that we have seen the peak of optimism to start the year and that risk sentiment should pull back to match the deteriorating virus situation and disappointing vaccine roll out. After strong New Zealand CPI this morning NZD now has a good story for further strength which supports the bullish techni...