US President Donald Trump said Washington is willing to provide security assistance to Ukraine as part of a deal to end the war with Russia. He emphasized that security support is a crucial factor in resolving the conflict. However, Trump also expressed disappointment that Ukrainian President Volodymyr Zelenskiy has not readily accepted the US peace plan, increasing pressure on Kyiv, which previously rejected the proposal as too favorable to Moscow. Trump expressed "deep frustration" with the slow pace of negotiations and no longer wants to be trapped in fruitless meetings. White House...
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 Leavitt told reporters on Thursday. "I know there was a quarter-point reduction this past week, and the president was pleased to see that, but he thinks more should be done," Leavitt said. The U.S. central bank cut interest rates on Wednesday, but signaled borrowing costs are unlikely to drop further in the near term as it awaits clarity on the direction of the job market, inflation and the...
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
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. Full-time employment declined by 56,500 to 10.08 million, reversing a downwardly revised 53,500 rise in October, while part-time employment increased by 35,200 after a downwardly revised 12,500 rise previously. The employment-to-population ratio fell to 63.8% from October's 64.0% and the participation rate eased to 66.7% from the prior 66.9%. On an annual basis, total employment rose by 182,400,...
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%. Wages and salaries increased 0.8%, down from a 1% increase in the first quarter, while benefit costs increased 0.8%, up from 0.7% previously. (alg) Source: Trading Economics
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
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...
US President Donald Trump said Washington is willing to provide security assistance to Ukraine as part of a deal to end the war with Russia. He emphasized that security support is a crucial factor...