US economy unemployment rate falls 4.9%
The US economy added a solid 161,000 jobs in October while the unemployment rate fell to 4.9%, according to Labor Department figures released on Friday. In a show of steady momentum in the world's largest economy, the department revised upward its jobs reports for the previous two months by a total of 44,000 positions, taking the average for the past three months to a strong 176,000 new jobs.
Nov 05, 2016, 14:47 PM IST
Monsoon, macro-data to move equity markets
The progress of monsoon rains, combined with the upcoming key quarterly results, and the release of macro-economic data points are expected to influence investors` sentiments in the coming week.
Jul 10, 2016, 13:31 PM IST
Gold struggles near 2-1/2-week low on US jobs data
Spot gold dropped 0.3 percent to $1,118.73 an ounce by 0040 GMT. The metal had fallen to $1,116.75 on Friday, the lowest since Aug. 19, posting a second straight weekly loss.
Sep 07, 2015, 08:16 AM IST
Strong US job, wage gains open door to mid-year rate hike
U.S. job growth rose solidly in January and wages rebounded, a show of economic strength that put a mid-year interest rate increase from the Federal Reserve back on the table.
Feb 07, 2015, 03:15 AM IST
Oil extends gains before US jobs data
Brent North Sea crude for March rallied $1.64 to $58.21 a barrel in London afternoon deals.
Feb 06, 2015, 18:41 PM IST
QE or not QE? Spotlight on the ECB as inflation dips
The ECB`s monthly rate meeting will focus minds this week on the debate over quantitative easing in the euro zone, as a series of data releases on both sides of the Atlantic sheds more light on European woes and US strength.
Nov 30, 2014, 15:37 PM IST
Tokyo investors eye BoJ policy meet next week
Japanese machinery orders and consumer confidence will also be on radar screens as speculation increases that the BoJ will expand its stimulus to counter an economic downturn.
Oct 03, 2014, 15:16 PM IST
Asian shares up, dollar rallies in thin trade
The gains came despite a soft lead from Wall Street, while trade was quiet owing to public holidays in Hong Kong and Seoul.
Sep 09, 2014, 08:24 AM IST
World stocks fall, dollar up before US jobs data
Global shares fell on Friday and the euro eased against the dollar, hit by weak euro zone manufacturing data and nerves ahead of a key U.S. jobs report.
Aug 01, 2014, 16:22 PM IST
European stocks dip before US data, Fed
Investors also digested news of more Western sanctions on Russia over the Ukraine crisis, with the euro at eight-month lows against the dollar.
Jul 30, 2014, 17:57 PM IST
Gold steady, seen vulnerable after strong US jobs data
The data stoked speculation the US Federal Reserve could hike interest rates earlier than expected.
Jul 05, 2014, 00:19 AM IST
Asian stocks, dollar rise on upbeat US jobs data
MSCI`s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent in early trade, close to this week`s three-year highs, while Japan`s Nikkei stock average rose 0.9 percent.
Jul 04, 2014, 07:47 AM IST
Gold edges above $1,250/oz but share rally curbs investor interest
US gold futures for August delivery gained $3.90 an ounce to $1,256.30.
Jun 09, 2014, 18:59 PM IST
World stocks inch towards all-time high
Asian stocks earlier touched their highest levels in nearly three years while Wall Street notched another record close on Friday.
Jun 09, 2014, 14:19 PM IST
Gold steady above $1,250 an ounce
Gold, often seen as an investment hedge, has a negative co-relation with equities and the dollar, both of which have been bolstered by the US jobs data.
Jun 09, 2014, 13:49 PM IST
Asia offers muted applause for ECB, eyes now on US jobs
Asian markets turned mixed on Friday as investors offered only polite applause for the European Central Bank`s latest stimulus package.
Jun 06, 2014, 09:40 AM IST
