Key PointsNonfarm payrolls surged by 254,000 in September, up from a revised 159,000 in August and better than the 150,000 Dow Jones consensus forecast.The unemployment rate fell to 4.1%, down
The Federal Reserve’s high level of confidence in the ability to prevent a recession was one of the most significant points of the post-FOMC press conference on Wednesday.On Thursday, this
As predictions that the Federal Reserve will start reducing rates grew in response to less-than-expected U.S. consumer inflation statistics, gold prices increased in Asian trade on Thursday and remained near
Investor sentiment has changed, according to Bank of America’s August Global Fund Manager Survey, with worries about the Federal Reserve’s ability to avert a possible recession intensifying. As per the
Gold has recently experienced a dramatic rebound after seeing a sharp drop at the start of this week. The price of the metal has stabilized above $2,400 and at present,
NEW YORK, Aug 2 – A significant decline in U.S. stocks is triggering sales from volatility-sensitive funds, worsening an already severe selloff that has pushed the Nasdaq Composite (.IXIC) into
Introduction The USD has enjoyed unrivaled supremacy in financial circles over the past few decades. That far-reaching influence is palpable in international trade, finance, and reserves. Understanding how the USD
The US Non-Farm Payroll data are among the most important indicators of the US economy, published monthly by the Bureau of Labor Statistics. It is one of the most highly