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 S&P Global UK Services PMI rose to 51.3 in June 2025, from 50.9 in May and in line with market estimates, according to flash estimates. The latest data indicated another expansion in the country's services sector that was the strongest in three months. There was a rebound in new business intakes, but the rise was only slight, while exports continued to fall. Employment also continued to decrease. Source: Trading Economics
The United States (US) carried out airstrikes on three nuclear sites in Iran early Sunday, directly entering Israel's war with Iran despite US President Donald Trump's long-standing pledge to avoid new foreign conflicts, according to Bloomberg. The decision to directly involve the US comes more than a week after Israel attacked Iran. Trump said Iran's main nuclear enrichment facility had been "totally destroyed" and warned of a "much bigger" attack unless Iran agreed to peace. Trump noted that the US and Israel were "working as a team, as probably no team has ever worked before. He added...
British retail sales volumes recorded their sharpest drop since December 2023 last month, as demand fell after shoppers splurged on food, summer clothes and home improvements the month before, official figures showed on Friday. Retail sales volumes dropped by 2.7% in May, the Office for National Statistics said, a much sharper decline than the median forecast of 0.5% in a Reuters poll. Sales volumes were also 1.3% lower than a year earlier, the biggest annual drop since April 2024 and well below a Reuters poll forecast for 1.7% annual sales growth. The monthly decline was mainly due to...
Japan's National Consumer Price Index (CPI) rose 3.5% YoY in May, compared to the previous reading of 3.6%, according to the latest data released by the Statistics Bureau of Japan on Friday. Further details revealed that the National CPI ex Fresh Food came in at 3.7% YoY in May compared to 3.5% previously. The reading was above market consensus of 3.6%. CPI ex Fresh Food, Energy rose 3.3% YoY in May, compared to the previous reading of 3.0%.(alg) Source: FXstreet
Prime Minister Benjamin Netanyahu said on Thursday that the change or fall of Iran's leadership was not a goal of Israel's attacks but could be a result. "The matter of changing the regime or the fall of this regime is first and foremost a matter for the Iranian people. There is no substitute for this. "And that's why I didn't present it as a goal. It could be a result, but it's not a stated or formal goal that we have," Netanyahu said in an interview with Israel's Kan public television. He said Israel had the power to remove all of Iran's nuclear facilities, whether U.S. President Donald...
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,...