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US applications for jobless benefits come back down after last week’s 9-month high
Seattle Times· 5 days agoJobless claims for the week ending May 11 fell by 10,000 to 222,000, down from 232,000 the week...
Oil up after US economic data strengthens rate cut expectations
Reuters· 5 days agoThe number of Americans filing new claims for unemployment benefits fell last week, pointing to an...
European Shares Seen Up As Inflation Data Revives Fed Rate Cut Bets
RTT News· 6 days agoEuropean stocks are likely to open higher on Thursday as easing inflation led investors to price two U.S. rate cuts in 2024. According to CME FedWatch, over 50 percent of traders are pricing in a rate cut in September.
North American Morning Briefing: Stock Futures Rise as Inflation Optimism Continues
Morningstar· 5 days agoStock futures were rising on Thursday, a day after the three major indexes closed at record highs following data that showed an easing of inflation. Up ahead, investors will eye results from ...
Gold loses its bright and tumbles on firm US Dollar, Fed hawkish comments
The Forex Market· 5 days agoMixed US economic data includes higher jobless claims and mixed housing data. Gold prices fell in...
European Shares Set To Drift Lower After Hawkish Fed Comments
RTT News· 5 days agoEuropean shares are seen opening on a sluggish note Friday after comments from three Federal Reserve officials suggested that U.S. interest rates are likely to stay higher for longer. Federal ...
Silver posts highest close in 11 years, gold at 3-week high as CPI data show slowdown in inflation
Morningstar· 6 days agoSilver futures posted their highest settlement since 2013 on Wednesday, and gold futures rallied to a more than three-week high, after U.S. government data revealed a slowdown ...