US labour costs growth accelerates in first quarter, is likely to delay Fed rate cuts
Employment Cost Index up 1.2pc, year-on-year increase is 4.2pc
Source: dunyanews.tv
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Top News In Labour Statistics Today - Breaking & Trending Today
Women Represent Just 3% Of The Global Construction Industry, But They Are Still Being Harassed
Construction companies are still refusing to hire women, despite an ongoing staffing crisis and demand for new recruits in the front-line manual sector.
Source: ibtimes.co.uk
Pound To Australian Dollar End-of-Week Outlook: GBP/AUD Muted Despite Upbeat Aussie Data
Pound Sterling (GBP) traded mostly flat against the Australian Dollar (AUD) on Thursday despite some better-than-expected Australian data.
Source: exchangerates.org.uk
Aussie Resilient in Face of Dismal Job Data, Bitcoin Prepares to Conclude Consolidation
The forex markets are rather subdued in today's Asian session, with major currency pairs and crosses largely trading within yesterday's ranges. Australian Dollar strengthened slightly, ignoring significantly weaker-than-anticipated job data. Instead, it's lifted by rebound in Asian stock markets and stabilizing risk sentiment. However, the momentum behind Aussie's rebound appears weak and limited, suggesting it may be merely in consolidation before another selloff.
Source: actionforex.com
Currency Markets in Consolidations, Stocks Could be Stabilizing
The forex markets are still generally staying in consolidative mode today, showing minimal reaction to the latest economic data and comments from central bank officials. Commodity currencies, along with Swiss Franc, are displaying relative strength. Meanwhile, Euro, Dollar, and Yen are on the weaker side.
Source: actionforex.com