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Add as a preferred source on GoogleUS labor market continues to be strong. The US Fed recently released the labor market conditions index that indicates a positive trend for the labor market. Moreover, according to the NFIB survey, there is an increase in…
US labor market continues to be strong. The US Fed recently released the labor market conditions index that indicates a positive trend for the labor market. Moreover, according to the NFIB survey, there is an increase in the small businesses intentions to hire and raise compensation. Therefore the labor data has not been the main reason for depressed expectations of the hiking cycle. In fact, the tightening policy has raised worries of a recession in the coming future.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
