Page 2 - Us Job Data

Dollar retreats as investors await US jobs data; euro, pound pares

The euro and the pound pared overnight losses and rose for the first time in three trading sessions, while the Japanese yen clawed back from another break through the key 145 level against the dollar

Dollar wavers with ECB minutes and Friday's US jobs data in focus

Sterling gained 0.35% to $1.1359, and the dollar also slipped 0.5% against the Swiss franc to 0.9791 francs

Global stocks down after strong US jobs data fuels rate hike fears

Global stock markets declined Wednesday after strong US jobs data fuelled expectations of more interest rate hikes and Chinese manufacturing activity weakened. London and Frankfurt opened lower. Shanghai, Tokyo and Hong Kong declined. Oil prices lost more than USD 1 per barrel. US government data Tuesday showed there were two jobs for every unemployed person in July, giving ammunition to Federal Reserve officials who argue the economy can tolerate more rate hikes to tame inflation that is at multi-decade highs. Some investors had hoped the Fed would back off due to signs economic activity is cooling. The jobs data supported the argument for the Fed to stick to an aggressive stance, Edward Moya of Oanda said in a report. In early trading, the FTSE 100 in London fell 0.6 per cent to 7,319.62 and the DAX in Frankfurt shed 0.4 per cent to 12,913.41. The CAC 40 in Paris fell 0.5 per cent to 6,178.78. On Wall Street, futures for the benchmark S&P 500 index and the Dow Jones Industrial .

Asian stocks follow Wall Street lower after US jobs data signals rate hikes

Asian stocks followed Wall Street lower Wednesday after strong U.S. jobs data fuelled expectations of further interest rate hikes and Chinese manufacturing activity weakened. Shanghai, Tokyo, Hong Kong and Sydney declined. Oil prices rose more than USD 1 per barrel. U.S. government data Tuesday that showed there were two jobs for every unemployed person in July appeared to support arguments the economy can tolerate more rate hikes to tame inflation that is running at multi-decade highs. Some investors had hoped the Federal Reserve would back off due to indications economic activity is cooling. The jobs data supported the argument for the Fed to stick to an aggressive stance, said Edward Moya of Oanda in a report. The Shanghai Composite Index fell 1.1% to 3,191.00 after an index of manufacturing showed activity contracted again in August. The Nikkei 225 in Tokyo shed 0.5% to 28,063.06 and the Hang Seng in Hong Kong sank 0.4% to 19,867.17. The Kospi in South Korea gained 0.7% to ..

Global stocks rise after US job data gain paves way for rate hike

Global stocks gained Monday after strong U.S. jobs data cleared the way for more interest rate hikes and Chinese exports rose by double digits. London, Shanghai, Tokyo and Frankfurt advanced. Hong Kong retreated. Oil prices edged higher. Wall Street's benchmark S&P 500 lost 0.2% on Friday after government data showed American employers added more jobs than expected in June. That undercut expectations a slowing economy might prompt the Fed to postpone or scale back plans for more rate hikes to cool inflation. Now it seems they will be debating whether they need to be even more aggressive, Edward Moya of Oanda said in a report. In early trading, the FTSE 100 in London was up 0.4% at 7,471.08 and the DAX in Frankfurt added 0.4% to 13,629.44. The CAC 40 in Paris advanced 0.6% to 6,512.74. On Wall Street, the future for the S&P 500 rose 0.3% while that for the Dow Jones Industrial Average was up 0.2%. The S&P declined 0.2% on Friday after government data showed employers hired .

US job growth beats expectations; unemployment rate declines 3.5%

Data for June was revised higher to show 398,000 jobs created instead of the previously reported 372,000.

Wall Street falls as solid jobs data fuels interest rate hike worries

The Dow Jones Industrial Average was down 134.01 points, or 0.41%, at 32,592.81, the S&P 500 was down 27.03 points, or 0.65%, at 4,124.91

Dollar edges higher as investors turn attention to key US jobs data report

The U.S. dollar index, which measures the greenback against a basket of currencies, was up 0.22% to 105.93, after sliding 0.68% on Thursday, the largest fall since July 19.

World stock markets mixed ahead of US jobs data; Fed weighs rate hike

Global stock markets and Wall Street futures were mixed Friday ahead of an update on the U.S. jobs market while the Federal Reserve weighs whether more rate hikes are needed to cool surging inflation. London, Paris and Frankfurt were lower while Shanghai and Tokyo advanced. Oil prices fell back. Investors were looking ahead to monthly U.S. employment numbers for possible signs of weakness that might prompt the Fed to decide it needs to ease off on rate hikes to cool inflation. Other data suggest the economy is slowing, which should reduce pressure for prices to rise. Consensus is looking for a softening in the labor market for July, said Stephen Innes of SPI Asset Management in a report. In early trading, the FTSE 100 in London lost 0.1% to 7,437.48 and the DAX in Frankfurt was little-changed at 13,660.80. The CAC 40 in Paris lost 0.5% to 6,483.56. On Wall Street, the future for the benchmark S&P 500 index slipped less than 0.1% while that for the Dow Jones Industrial Average was

Gold rises over 1% buoyed by dollar slide, weak US private payroll data

"(The job data) is really raising the recession concerns that have been brewing in the market and supporting gold," said Ryan McKay, commodity strategist at TD Securities

US Federal Reserve won't flinch as labour market starts tailing off

US Fed will take the data in stride as it prepares to keep boosting interest rates and wait for a more-sustained cooling in job growth to help moderate wage gains and inflation

Firmer dollar, treasury yields weigh on gold; investors await US jobs data

The dollar was headed for a fifth winning week versus major peers as benchmark U.S. Treasury yields resumed climb having hit their highest since November 2018 in the previous session

US employers shrug off omicron, add 467,000 jobs in January

US employers added a burst of 467,000 jobs in January despite a wave of omicron inflections that sickened millions of workers

Dollar holds gains ahead of US jobs data; sterling tumbles

Investors will be closely watching fresh U.S. labour market data due later on Friday, which could sway the timing of Federal Reserve interest rate increases.

Gold steady as investors await US jobs data to gauge Fed's taper path

Spot gold was little changed at $1,814.58 per ounce by 0646 GMT, while U.S. gold futures traded flat at $1,816.50.

Gold prices gain, propped up by sluggish dollar; US jobs data in focus

Gold prices gained, propped up by a sluggish dollar, with investors looking ahead to US non-farm payrolls data which could be the key to the US Federal Reserve's stimulus-tapering decision

Markets eye United States jobs report as stocks, FX dip on delta blues

A key jobs report due later in the day is expected to deliver further signs of growth in the United States

Asia markets breathes sigh of relief as US job data fails to shock

Attention will now turn to the U.S. consumer price report on Thursday where the risk is of another high number, though the Fed still argues the spike is transitory

US President Biden says jobs report bolsters case for government spending

President Joe Biden portrayed the May jobs report as a jumping off point for more spending on infrastructure and education to keep growth going essentially an argument for his agenda

Global stocks nearly grasp all-time record, dollar drops after US jobs data

A stronger-than-expected jobs report would have heightened worries that the Fed might contemplate paring back its bond-buying program and raising interest rates