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Read snapshots of the latest market news
US unemployment rate falls to 4.2%
US NFP repot slightly lower than expected; unemployment rate drops to 4.2%
6 Sep 2024, 13:28
Global markets react to weak US manufacturing data
US manufacturing activity fell short of expectations, Brent crude prices hit a low since December 2023 due to demand concerns
3 Sep 2024, 14:18Us payroll data: Guiding Fed decisions & market moves
Bloomberg forecasts 155,000 new jobs in August, with unemployment expected to dip from 4.3% to 4.2%.
2 Sep 2024, 08:39
US economic growth for second quarter is revised up
US economic growth for Q2 2024 has been revised up to an annualized 3% from 2.8%, highlighting the economy’s resilience despite high interest rates.
29 Aug 2024, 13:58Aussie rises on inflation printing
The yen gained strength as BoJ Deputy Governor Ryozo Himino indicated potential rate hikes if economic confidence continues to grow.
28 Aug 2024, 13:38Market rotation to Cyclical stocks amid volatility
Investors pulled out of growth stocks overnight, continuing with a rotation into cyclical stocks such as financials ahead of PCE data this Friday.
27 Aug 2024, 09:07Japan's CPI rises to 2.7% in July
Japan's consumer prices rose to 2.7% in July, but core inflation slowed to 1.9%, the lowest since 2022.
23 Aug 2024, 08:44All roads lead to Jackson Hole
Jerome Powell’s highly anticipated Jackson Hole address will shape expectations on rate cuts and recession concerns.
19 Aug 2024, 13:06US jobless claims decline, retail sales surge
U.S. labor market data released Thursday showed initial jobless claims declining more than expected last week, while retail sales surged in July
15 Aug 2024, 13:21Gold prices slip ahead of US CPI
Gold prices fell for the second day as markets reacted to soft UK CPI and anticipated US inflation data, with a high-risk appetite pressuring the metal
14 Aug 2024, 06:24