Gold climbed as investors sought haven assets amid the rise in coronavirus cases, with the World Health Organization reporting a one-day high in global infections over the weekend. U.S. virus cases increased 2%, more than the seven-day average, according to an updated Johns Hopkins...
Indeks acuan Nikkei Tokyo naik untuk tiga sesi berturut-turut pada hari Senin seiring aksi reli di saham Asia mengimbangi kekhawatiran untuk peningkatan lanjutan dalam infeksi virus corona global. Indeks Nikkei 225 melonjak 1,83 persen, atau 407,96 poin, menjadi ditutup pada 22.714,44, sementara...
Gold achieved an important milestone this past week as priced pushed above $1,800 an ounce for the first time since 2011 and with strong fundamentals and what appears to be an unstoppable uptrend, retail investors and Wall Street analysts are significantly bullish on gold. Of the 17 Wall Street...
A report on the health of China™s manufacturing sector improved in September, although it was still below the line indicating contraction.
The manufacturing purchasing...
The U.S. trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump™s tariffs even before negotiations with China unraveled and he...
Output from Germany's private sector remained unchanged in June, as a decline in manufacturing was offset by continued growth in services.
A flash reading of the country's composite Purchasing...
A trade deal between the United States and China, separately announced Friday by both countries, will be such a boon for American farmers they will "have to go out and buy much larger tractors,"...
The headline seasonally adjusted final IHS Markit/CIPS UK Services PMI Business Activity Index posted 47.1 in June, up sharply from 29.0 in May and the highest for four months. This compared with the earlier 'flash' figure of 47.0 in June. The data did little to influence the British pound or provide any meaningful impetus to the GBP/USD pair. Source : FXstreet
The Aussie payrolls data had been indicating that around 1 million had already been rendered inactive. Today's official employment and unemployment statistics have been held in high anticipation and the data has finally arrived as follows: Australia April employment -594.3k s/adj (Reuters poll: -575.0k). Australia April unemployment rate +6.2 pct, s/adj (Reuters poll: +8.3). Australia April...
The preliminary reading of the first quarter 2020 UK GDP came in at -2.0% QoQ vs. -2.5% expected and 0.0% last while on an annualized basis the figure stood at -1.6% vs. -2.1% expected and +1.1% seen previously. The UK GDP monthly release showed that the UK economy contracted in March, arriving at -5.8% versus -8.0% expected and -0.1% previous. Meanwhile, Index of services (March) arrived at...
One thing anxious Americans dont have to worry about with the COVID-19 pandemic shutting down large chunks of the economy is inflation. Consumer prices sank 0.8% in April, led by tumbling gasoline prices, to mark the biggest decline since the Great Recession. The decline in the consumer price index last month was the steepest since 2008. Economists polled by MarketWatch had also forecast an...
U.S. economy shed over 20 million nonfarm jobs in April, the biggest monthly drop ever, vividly illustrating the economic devastation caused by the coronavirus pandemic. Nonfarm payrolls fell 20.5 million from March -- compared with a forecast of a drop of 21 million -- according to Labor Department data Friday, as government-mandated shutdowns and the prospect of slumping consumer...
Almost 3.2 million people applied for unemployment benefits last week after the coronavirus cost them their jobs, but the historic wave of layoffs tied to the pandemic is receding. The number of initial jobless claims processed in the week ended May 2 was less than half the crisis peak of 6.9 million at the end of March. Still, some 33 million new claims have been filed in seven weeks, a...
Australia's trade windfall increased to a new high as prices and volumes of commodities like iron ore surged, boosting the economy as it headed into the late-March coronavirus lockdown. The surplus spiked to a record A$10.6 billion ($6.8 billion) in March, exceeding economists estimates of A$6 billion and up from a downwardly revised A$3.9 billion in February, Australian Bureau of Statistics...
The U.S. private sector shed 20.23 million jobs in March, according to a report by payrolls processor ADP, as measures to contain the coronavirus pandemic continued to devastate the country's economy. Analysts polled by Investing.com had expected the private sector to have shed over 20 million jobs in April due to statewide lockdown measures. Marchs figure was revised to show job losses of...
The U.S. services sector contracted for the first time in about a decade last month as the coronavirus pandemic brought economic activity in the country to a near-screeching halt, according to the Institute for Supply Management. The ISM nonmanufacturing index dropped to 41.8 in April from 52.5 in March, showing the first contraction in services since December 2009. It was also the biggest...
U.S. manufacturing activity plunged to an 11-year low in April as the novel coronavirus wreaked havoc on supply chains, supporting analysts' views the economy was sinking deeper into recession. The Institute for Supply Management (ISM) said on Friday its index of national factory activity dropped to a reading of 41.5 last month from 49.1 in March. That was the lowest level since April 2009,...
Gold climbed as investors sought haven assets amid the rise in coronavirus cases, with the World Health Organization reporting a one-day high in global infections over the weekend. U.S. virus cases increased 2%, more than the seven-day average, according to an updated Johns Hopkins...
Indeks acuan Nikkei Tokyo naik untuk tiga sesi berturut-turut pada hari Senin seiring aksi reli di saham Asia mengimbangi kekhawatiran untuk peningkatan lanjutan dalam infeksi virus corona global. Indeks Nikkei 225 melonjak 1,83 persen, atau 407,96 poin, menjadi ditutup pada 22.714,44, sementara...
Gold achieved an important milestone this past week as priced pushed above $1,800 an ounce for the first time since 2011 and with strong fundamentals and what appears to be an unstoppable uptrend, retail investors and Wall Street analysts are significantly bullish on gold. Of the 17 Wall Street...
A report on the health of China™s manufacturing sector improved in September, although it was still below the line indicating contraction.
The manufacturing purchasing...
The U.S. trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump™s tariffs even before negotiations with China unraveled and he...
Output from Germany's private sector remained unchanged in June, as a decline in manufacturing was offset by continued growth in services.
A flash reading of the country's composite Purchasing...
A trade deal between the United States and China, separately announced Friday by both countries, will be such a boon for American farmers they will "have to go out and buy much larger tractors,"...