US dollar slumps as initial jobless claims hit highest since 2021. Fed hike odds at 25%
Initial jobless claims at 261K vs 235K expected
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Initial jobless claims at 261K vs 235K expected
Analysts expect a pause in the US Fed’s interest rate tightening cycle at the upcoming FOMC meeting
The S&P 500 index is unsure where to move now that the US debt ceiling standoff has been dealt with. President Joe Biden signed the agreement into law
Asian equities on Monday built on a global rally after a mixed US jobs report lifted hopes the Federal Reserve will hold off hiking interest rates this month.
Asian equities on Monday built on a global rally after a mixed US jobs report lifted hopes the Federal Reserve will hold off hiking interest rates this month.