Today's US data are confined to second-tier releases in the shape of the NFIB small business optimism survey and the 'JOLTS' job openings report. The JOLTS report which has taken on additional importance given the attent…
Today's US data are confined to second-tier releases in the shape of the NFIB small business optimism survey and the 'JOLTS' job openings report.
The JOLTS report which has taken on additional importance given the attention placed on it by the FOMC - has seen a sharp rise in job openings in recent months, with the latest report showing a 30% increase on the year.
Lloyds Bank notes in a report on Tuesday:
Further improvements would point to ongoing increases in US employment, building on the firm labour market report last week and would provide yet another indication into the underlying strength of the US economy.
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…
