Weekly Market Recap (31-04 August)
A look at this week’s main developments.
Source: forexlive.com
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Top News In Quits Rate Today - Breaking & Trending Today
Strikes Up 12% While Labor Report Signals More Worker Power
July 2023 Jobs Report Signals Weaker Worker Power Strikers might linger longer on the picket line and new graduates might want to take the first job offer they get.
Source: forbes.com
With Inflation Tanking And Economy Weakening The Fed Delivers An Hike
It appears that, Recession or not, inflation has been quelled. Nevertheless, the Fed is going to raise interest rates another 25 basis points.
Source: forbes.com
Stocks and bonds hit on hot data ahead of NFP - Newsquawk US Market Wrap
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
Job openings unexpectedly rise in bright spot for economy
The number of job openings in the United States rose above 10 million in April, defying expectations for a contraction caused by the Federal Reserve's efforts to raise interest rates.
Source: washingtonexaminer.com