Forex News
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In advance of today's CPI and Real Earnings releases, BLS inadvertently loaded a subset of files to the website approximately 30 minutes prior to the release. BLS has alerted the Office of Management and Budget and DOL's Office of the Inspector General of the incident. BLS takes its data security seriously and is conducting a full investigation into its ...
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Christie’s showed tremendous resilience through an up-and-down pair of evening sales held back-to-back in New York on Tuesday night (14 May). Although one major disappointment cast a long shadow over the final figures, some reasons for optimism and pride were nevertheless visible throughout the night. First was a dedicated auction of 26 works from the ...
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U.S. defense spending and military aid costs are adding up. President Joe Biden signed a $95 billion U.S. military aid package in April allocating funding to Ukraine, Israel, Taiwan and the Indo-Pacific region. On top of that, the National Defense Authorization Act of 2024 authorized military spending of a record $886 billion. A big chunk of that money will ...
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In the week ending May 11, the advance figure for seasonally adjusted initial claims was 222,000, a decrease of 10,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 231,000 to 232,000. The 4-week moving average was 217,750, an increase of 2,500 from the previous week's revised average. The previous week's ...
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In trend terms, in April 2024: • unemployment rate remained at 4.0%. • participation rate remained at 66.7%. • employment increased to 14,289,600. • employment to population ratio remained at 64.0%. • underemployment rate remained at 6.6%. • monthly hours worked increased to 1,955 million. In seasonally adjusted terms, in April 2024: • unemployment rate ...
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The GDP data released earlier today showed anything but a recovery, modest or otherwise: • Japan's annualised Q1 GDP -2.0% q/q (vs -1.5% expected)But, let's give Minister Shindo the benefit of the doubt and hope the weaknesses of January - March is behind Japan and the green shoots ... continue. • Economy is expected to continue moderate recovery. • Need to ...
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Japan’s economy shrank in the first quarter as consumers and companies cut spending, underscoring the fragile nature of the recovery and extending a dismal performance stretching ...
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Many central banks are currently exploring the possibility of issuing retail central bank digital currency (CBDC). While the primary objective varies between jurisdictions, many ...
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Employment growth of 38,500 was stronger than the consensus expectation for 23,700 job gains in April. But the good news ends there. Full-time jobs with their higher wages and ...
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The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis, after rising 0.4 percent in March, the U.S. Bureau of Labor ...
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In the week ending May 11, the advance figure for seasonally adjusted initial claims was 222,000, a decrease of 10,000 from the previous week's revised level. The previous week's ...
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In trend terms, in April 2024: • unemployment rate remained at 4.0%. • participation rate remained at 66.7%. • employment increased to 14,289,600. • employment to population ratio ...
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AUDUSD posted a strong bullish day on Wednesday, showing some more upside pressure today, towards a fresh four-month high, exiting from the consolidation area of 0.6390-0.6635. A rally higher until the next resistance level of 0.6730 could endorse a bullish retracement in the market. Technically, the 20- and the 50-day simple moving averages (SMAs) posted a ...
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The Australian Dollar surged more than 1% against the US Dollar on Wednesday after data showed that consumer inflation moderated in April, with the underlying Consumer Price Index (CPI) edging lower for the first time in six months. As Thursday’s Asian session begins, the AUD/USD trades at 0.6695, virtually unchanged. Inflation in the US began to show signs ...
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The United States National Futures Association (NFA) has just published information on its recent enforcement actions. On February 27, 2024, NFA’s Business Conduct Committee (BCC) issued a Complaint against Trading.com Markets Inc. (Trading.com). The Complaint charges Trading.com with failing to file timely daily financial reports, daily trade reports, and ...