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Tuesday 29 April 2025
Last Updated : GMT 06:49:16
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US jobs data

Global stocks consolidate gains as dyspepsia subsides

Arab Today, arab today Global stocks consolidate gains as dyspepsia subsides285773/87
New York - AFP
Global stocks rose on Friday, consolidating gains at the close of a week when markets were jolted by a North Korean missile launch and a hurricane that battered US oil and gas facilities. A slowdown in job creation in August also helped ease investor worries the US Federal Reserve could raise interest rates for a third time in 2017. OnRead more

Dollar recovers, stocks rise after US jobs report

Arab Today, arab today Dollar recovers, stocks rise after US jobs report280373/90
London - AFP
The beleaguered dollar got a shot in the arm from strong US jobs data Friday, with equities also pushing ahead as investors welcomed the unequivocal signs of American economic strength. The world's largest economy added 209 000 net new positions in July, well above forecasts, driving the unemployment rate down to 4.3%, a 16-year low. The data possibly gives theRead more

Global markets rally on bright US jobs data

Arab Today, arab today Global markets rally on bright US jobs data277311/87
London - AFP
Europe's major stock markets and the dollar advanced Monday, mirroring gains across most of Asia, as investors reacted to bright US jobs data. Markets advanced on Friday's forecast-busting US non-farm payrolls (NFP) numbers, which fuelled expectations that the Federal Reserve will lift US interest rates at least once more before year's end. New York stocks surged Friday after the USRead more

Gold prices hit highest since April

Arab Today, arab today Gold prices hit highest since April273071/1179
London - Arab Today
Gold prices hit a six-week high on Monday, buoyed by disappointing US jobs data that dimmed the prospects for an aggressive run of interest rate increases in the world’s biggest economy. US job growth slowed in May and employment gains in the prior two months were not as strong as previously reported, data showed on Friday, suggesting a loss ofRead more

Jobs data could signal shortage of qualified workers

Arab Today, arab today Jobs data could signal shortage of qualified workers272806/84
Washington - Arab Today
Are employers starting to run out of workers to hire? A hiring pullback reported in Friday’s US jobs data for May raises that prospect. The economy added just 138,000 jobs, which was still high enough to help cut the unemployment rate to a 16-year low of 4.3 percent. With the recovery from the Great Recession having reached its eighth year,Read more

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