If it just seems like the first Friday of the month wasn't the same without being able to pore through the Bureau of Labor Statistics' hotly watched monthly jobs report, don't worry. You probably didn't miss much. While the BLS has gone dark with the shutdown in Washington, other reports outside the government data suggest the labor market just plodded along in September. The Dow Jones consensus forecast was for growth of 51,000 in nonfarm payrolls with the unemployment rate holding steady at 4.3%. High-frequency data that includes job postings, private payrolls and state-by-state figures...
The STOXX 50 jumped 1.7% and the STOXX 600 gained 1.1% on Tuesday after President Trump announced a ceasefire between Israel and Iran, which has been confirmed by both countries. If the truce holds, it would end 12 days of conflict, and send oil prices sharply lower, falling below levels seen before June 12, the day before Israel launched its attack. Meanwhile, investors turned their attention to a NATO summit starting today in The Hague, where leaders are expected to discuss security priorities given recent global tensions. Most sectors were trading in the green, with strong gains among...
The Nikkei 225 jumped 1.14% to close at 38,790 while the broader Topix index rose 0.73% to 2,781 on Tuesday, with Japanese stocks ending a three-day losing streak after U.S. President Donald Trump announced that Iran and Israel had agreed to a ceasefire. Investors largely shrugged off Iran's retaliatory attack on a U.S. military base in Qatar, which caused no casualties, and took comfort in the fact that Iran avoided targeting the critical Strait of Hormuz, easing fears of a wider disruption to global oil supplies. On the trade front, Japanese negotiator Ryosei Akazawa reportedly planned...
Hong Kong stocks jumped 400 points, or 1.7%, to 24,091 in early trading on Tuesday, rising for a third straight session and hitting a one-week high. Sentiment was boosted by a rally in U.S. futures and easing geopolitical tensions after President Trump announced a temporary ceasefire between Israel and Iran, starting around midnight Monday, Washington time. The market also welcomed comments from Fed Vice Chair Michelle Bowman, who hinted at the possibility of an interest rate cut as early as July. In China, the top legislature, known as the NPC Standing Committee, will meet this week to...
Asia-Pacific markets rose on Tuesday after U.S. President Donald Trump announced that Iran and Israel have agreed to a ceasefire. "It has been fully agreed by and between Israel and Iran that there will be a Complete and Total Ceasefire… for 12 hours, at which point the War will be deemed OVER!" Trump wrote on Truth Social. However, neither Iran nor Israel has publicly confirmed that they have accepted Trump's ceasefire timetable. Japan's benchmark Nikkei 225 rose 1.59%, while the broader Topix index gained 1.32%. South Korea's Kospi jumped 2.09% and the small-cap Kosdaq index gained...
The Nikkei 225 jumped 1.3% to above 38,800 while the broader Topix index rose 1.2% to 2,794 on Tuesday, ending a three-day losing streak after U.S. President Donald Trump announced that Iran and Israel had agreed to a ceasefire, calling the conflict the "12-Day War." Investors also appeared to shrug off Tehran's retaliatory attack on a U.S. military base in Qatar that caused no casualties. Also, Iran avoided targeting the critical Strait of Hormuz, easing concerns about a wider disruption to global oil supplies. At home, investors continued to assess the Bank of Japan's monetary policy...
Asia-Pacific markets traded higher, tracking Wall Street gains overnight.
Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
The U.S. government shut down much of its operations on Wednesday as deep partisan divisions prevented Congress and the White House from reaching a funding deal, setting off what could be a long,...