Friday, 6 December 2019 23:47 WIB
U.S. stocks soared after a much better-than-expected employment report for November from the Labor Department which saw the economy create 266,000 new jobs, the most since January, and the unemployment rote fell to 3.5%, a 50 year low.
However, progress toward a partial U.S. - China trade deal remains a point of focus for market participants also as a deadline that will see import duties...
Friday, 6 December 2019 20:54 WIB
U.S. job gains roared back in November as unemployment matched a fresh half-century low and wages topped estimates, giving the Federal Reserve more reason to hold interest rates steady after three straight cuts. Stock futures and the dollar jumped while Treasuries slid.
Payrolls jumped 266,000, the most since January, after an upwardly revised 156,000 advance the prior month, according to...
Friday, 6 December 2019 21:04 WIB
Gold futures plunged, erasing a weekly gain, as stronger-than-expected U.S. jobs data helped ease economic concerns that had fueled demand for the metal as a haven.
Payrolls jumped 266,000, the most since January, according to a government report Friday that topped all estimates in a Bloomberg survey calling for 180,000 jobs.
Gold has struggled to sustain recent rallies as...