The number of US citizens submitting new applications for unemployment insurance went up to 236K for the week ending December 6, according to a report from the US Department of Labour (DOL) released on Thursday. The latest print came in above initial estimates (220K) and was higher than the previous week's 192K (revised from 191K).
Additionally, the 4-week moving average increased to 216.75K from the 214.75K average of the previous week. Finally, Continuing Jobless Claims improved to 1.838M.
Source: FXstreet.com
President Donald Trump was happy to see the Federal Reserve cut interest rates by 25 basis points this week, but wants to see further reductions in borrowing costs, White House spokeswoman Karoline Le...
Employment in Australia dropped by 21,300 to 14.66 million in November 2025, swinging from a downwardly revised 41,200 gain in the previous month and missing market expectations of a 20,000 increase. ...
Compensation costs for civilian workers in the United States increased 0.8% in the third quarter of 2025, slowing from a 0.9% increase in the previous period, slightly below market expectations of 0.9...
The better-than-expected JOLTS data briefly strengthened the dollar, indicating the relatively solid US labor market, but gold continued to rise. The market interpreted this data as a signal that the ...
White House economic adviser Kevin Hassett said Tuesday there is "plenty of room" to cut interest rates further, though he noted that rising inflation could alter this outlook. Speaking at the WSJ CE...
The US dollar remains sluggish after experiencing intense pressure following the Fed's decision to cut interest rates by 25 bps. The US Dollar Index (DXY) remains in the lower zone and is trending lower weekly, as market participants assess the...
Gold (XAU/USD) advances modestly on Friday as traders seem to book profits ahead of the weekend, yet clings to gains of over 0.51% after reaching a seven-week high of $4,353 as traders digest comments from Federal Reserve (Fed) officials. Bullion...
US stocks closed sharply lower on Friday as a Broadcom-led rout among the largest tech weights sparked a rotation into cyclicals and defensive names. The S&P 500 fell 1% and the Dow gave back 0.4% after touching record highs, while the Nasdaq...
The Federal Reserve on Wednesday said that it would start buying short-dated government bonds to help manage market liquidity levels to ensure the...
Asia-Pacific markets opened higher on Thursday morning after the Federal Reserve delivered its third interest rate cut this year. The Fed cut the...
European equities edged lower on Wednesday as investors adopted a cautious stance ahead of the Federal Reserve's policy decision, limiting risk...
Employment in Australia dropped by 21,300 to 14.66 million in November 2025, swinging from a downwardly revised 41,200 gain in the previous month...