Nonfarm Payrolls (NFP) in the United States rose by 64,000 in November, according to a report from the U.S. Bureau of Labor Statistics (BLS) on Tuesday. This figure was better than market expectations of a 50,000 increase. (alg) Source: FXstreet
The U.S. government shut down much of its operations on October 1 after Republicans and Democrats failed to reach an agreement to extend funding past the end of the federal fiscal year on September 30. The closure has shut off the flow of key economic data at a moment of uncertainty among policymakers and investors about the health of the U.S. job market, the trajectory of inflation and the strength of consumer spending and business investment. The federal agencies responsible for indicators of U.S. economic activity, including the Bureau of Labor Statistics, Bureau of Economic Analysis...
U.S. President Donald Trump said Monday he expects to reach a "fair trade deal" with Chinese President Xi Jinping and downplayed fears of conflict over Taiwan, even as tensions linger. Trump told reporters he did not believe China intended to invade Taiwan but acknowledged the issue would likely come up during their meeting next week on the sidelines of an economic conference in South Korea. However, U.S. Trade Representative Jamieson Greer struck a tougher tone later in the day, accusing Beijing of a "broader pattern of economic coercion" against companies making strategic investments in...
The 20-day US federal government shutdown is likely to end this week, White House economic adviser Kevin Hassett said on Monday. "I think the Schumer shutdown is likely to end this week," White House economic adviser Kevin Hassett said in an interview on CNBC, referring to Senate Democratic leader Chuck Schumer. Hassett, director of the National Economic Council, said his "friends in the Senate" believe it was "bad optics for Democrats to open the government before the 'No Kings' protests, and that now there's a chance things will improve this week." Protesters of all ages took to the...
U.S. Treasury Secretary Scott Bessent said on Friday he expects to meet next week with Chinese Vice Premier He Lifeng in Malaysia to try to forestall an escalation of U.S. tariffs on Chinese goods that President Donald Trump said was unsustainable. Bessent made the announcement during a White House cabinet meeting and later confirmed plans for a meeting after a call with He on Friday evening. Bessent said on X the two officials "engaged in frank and detailed discussions regarding trade between the United States and China." "We will meet in-person next week to continue our discussions,"...
China on Thursday accused the U.S. of stoking panic over its rare earth controls and said Treasury Secretary Scott Bessent had made "grossly distorted" remarks about a top Chinese trade negotiator, rejecting a White House call to roll back the curbs. The official newspaper of the governing Communist Party also issued a seven-point rebuttal after top U.S. negotiators suggested Beijing could avert President Donald Trump's threat to impose 100% tariffs on Chinese goods by scrapping the measures set to take effect on November 8. While investors are relieved the world's top two economies have...
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...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10% dalam sehari. Meski terkoreksi, euro masih berada...
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...