US Jobs Data
-
Oil Climbs to 5-Month High Amid OPEC Cuts
EghtesadPnline: Oil prices rose to their highest level since November 2018 on Monday, driven upwards by OPEC’s ongoing supply cuts, US sanctions against Iran and Venezuela, fighting in Libya…
-
Wall Street climbs after jobs data as tech, financials rise
EghtesadOnline: Wall Street stocks closed on a high note Friday, with the S&P 500 index posting its best gain in six sessions on the heels of a U.S. payrolls report that gave investors more confidence…
-
Wall Street sees Fed on track for rate hike in June despite tepid May jobs data: Reuters poll
EghtesadOnline: Wall Street's top banks are united in the belief the Federal Reserve will raise U.S. interest rates when it meets in two weeks' time, but recent choppy data on the U.S. economy…
-
Gold Posts Biggest Weekly Loss Since November as Demand Wilts
EghtesadOnline: Gold futures had the biggest weekly loss since Donald Trump was elected president as better-than-expected U.S. jobs data further eroded demand for the metal as a haven.
-
Dollar firm in Asia, resource shares on the run
EghtesadOnline: The dollar stood firm in Asia on Thursday and bond yields spiked after super-strong U.S. jobs data made a rate hike a near certainty, while oil struggled to find its footing after…
-
Dollar firms on softer yen, lacks energy elsewhere
EghtesadOnline: The dollar crept ahead in Asia on Monday after signs of wage pressure in the December U.S. jobs report proved enough to lift Treasury yields, but bulls remained wary of a sudden…
-
U.S. Stocks Set Record, Dollar Gains on Jobs Data
EghtesadOnline: Fresh signs of strength in the U.S. labor market reignited the dollar rally and sent U.S. stocks to all-time highs, with the Dow Jones Industrial Average climbing within one point…
-
Dollar’s Decline on Jobs Data Supports Stocks, Emerging Markets
EghtesadOnline: The dollar weakened, pushing stocks and emerging market currencies higher, after jobs data cooled speculation that the Federal Reserve will raise interest rates this month.