Us Job Data

US job growth likely steady in Sept, unemployment rate expected at 4.2%

The labour market, however, is likely to experience some brief turbulence after Hurricane Helene devastation

US jobless claims show emerging cracks in a strong labour market

Initial unemployment claims were 228,000 in the week ended April 1, Labor Department data showed Thursday

A calmer Wall Street holds relatively steady ahead of US jobs data

Stocks are holding relatively steady Tuesday, as Wall Street continues to find more calm following its tumultuous swings in March. The S&P 500 was virtually unchanged in early trading. The Dow Jones Industrial Average was edging down by 44 points, or 0.1 per cent, at 33,556, as of 9:50 a.m. Eastern time, while the Nasdaq composite was 0.1 per cent lower. Both the stock and bond markets have been steadying after swerving sharply through the first three months of the year. Many big questions still weigh on Wall Street, but the worst fears driven by the second- and third-largest US bank failures in history have abated following forceful actions by regulators around the world. Investors are still split on whether the US economy will fall into a recession and how badly profits for companies are set to fall. The biggest question remains what the Federal Reserve will do next with interest rates after hiking them furiously over the last year to get high inflation under control. A report ..

Dollar steady as volatile markets brace for payroll data, Swiss franc jumps

Futures pricing now implies a roughly 52% chance that the Fed will raise rates by 50 basis points this month, compared with 70% before the data release, according to CME's Fedwatch tool

Indian shares slide as IT firms fear high interest ahead of US jobs data

IT stocks lost 0.66%, falling for the third session in a row due to worries about rate hikes in the United States and Europe, where a majority of their clients are based

Troubled Silicon Valley startup bank spooks share markets, bonds rally

MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.3% to a two-month low, with banks and Hong Kong tech stocks leading losses, while London and European futures each slid more than 1%

Gold trades in tight range as investors squared positions for US jobs data

The dollar index slipped 0.3% after hitting a three-month high in the previous session. A weaker greenback tends to make bullion a more attractive bet

Rupee at 1-month high; US data spurs bets of slower Fed rate hikes

RBI moves push up forward premia; reduce hurdles for currency

World stocks soar, investors pare rate bets after US jobs data

Wall Street sparked a global rally in stocks on Friday after a crucial US jobs report showed wage growth slowed in December, fueling investor bets that inflation is easing

US hiring solid but wages cool, giving Fed room to slow rate hikes

Non-farm payrolls increased 223,000 in December, capping a near-record year for job growth, a Labor Department report showed on Friday

Markets decline on heavy FPI selling; Sensex slips below 60,000

FPIs sold shares worth Rs 2,902 cr, according to provisional data from exchanges

Dollar holds near an almost one-month high on resilient US jobs market

The index was on track for a weekly gain of more than 1.8%, its largest since September

World markets mostly gain ahead of Federal Reserve report, US jobs data

Global stock markets and Wall Street futures were higher Tuesday ahead of updates on US jobs amid fears of a possible global recession. Frankfurt, Shanghai and Hong Kong advanced. Seoul declined. Oil prices rose. Coming off a year of big declines for major stock markets, traders worry the Federal Reserve and other central banks might be willing to push the world into recession to cool inflation that is at multi-decade highs. Investors also are uneasy about the impact of Russia's war on Ukraine and China's COVID-19 outbreaks. Almost everyone is going into 2023 with a healthy dose of trepidation, Craig Erlam of Oanda said in a report. The DAX in Frankfurt opened up 0.2 per cent at 14,093.38 while the CAC-40 in Paris was unchanged at 6,594.63. On Wall Street, the futures for the benchmark S&P 500 index and the Dow Jones Industrial Average were up 0.5 per cent ahead of 2023's first day of US trading. The S&P 500 ended 2022 down 19.4 per cent, its biggest decline since the 2008 ...

In world economy this week: From China's Covid numbers to US job data

The govt's official PMI on Saturday showed that China's abrupt reversal of its Covid Zero policy pushed economic activity - its service sector in particular - to the slowest pace since February 2022

United States adds 263,000 jobs in Nov despite aggressive rate hike

Nonfarm payrolls climbed 263,000 last month, with an unemployment rate of 3.7 per cent, according to data from the Labour Department published on Friday

Sensex, Nifty snap eight-day winning streak ahead of US jobs data

Both shed 0.6% but end in green for second straight week; Broader markets play catch-up

US Dollar wobbles to 16-week lows as inflation ebbs, eye on jobs data

The dollar index/, which measures the currency against six major peers including the yen and euro, rose 0.191% at 104.840

Rupee seen up tracking recovery on Asian peers; US jobs data eyed

The rupee is tipped to open at around 82.70-82.75, compared with 82.88 in the previous session.

Gold prices slip for 4th time as dollar stands tall on US rate hike bets

The dollar index hit a more than one-week peak, making gold more expensive for buyers holding other currencies

US adds 263,000 jobs; unemployment rate falls to 3.5% in September

With the labor market still tight, wage gains remained solid. Average hourly earnings increased 0.3% after a similar rise in August