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Tag: US jobs report

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Gold Trims Weekly Loss as US Jobs Data Raises Fed Rate Cut Bets

Buzz line2 months ago03 mins

(Bloomberg) — Gold advanced, trimming a weekly loss as traders raised bets on monetary easing following a weak US jobs report. US employers unexpectedly cut jobs in February and the unemployment rate rose, pointing to lingering fragility in a labor market that was thought to be stabilizing. Traders slightly boosted bets on Federal Reserve rate…

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Wall St Week Ahead-Middle East developments set to sway US stocks as inflation data adds wrinkle

Buzz line2 months ago07 mins

(Repeats SCHEDULED COLUMN originally published on March 6, no changes) * Oil prices in focus as Brent crude tops $90 a barrel * CPI on Wednesday to give February inflation view * Weak jobs report for February also weighs on stocks * VIX volatility index hits highest level since April 2025 NEW YORK, March 6…

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Stocks slide as soaring oil prices and US job losses rattle markets

Buzz line2 months ago08 mins

By SinĂ©ad Carew and Harry Robertson NEW YORK/LONDON, March 6 (Reuters) – Stocks sank on Friday as the US-Israeli war against Iran sent oil futures soaring to prices not seen since 2023 while an unexpected loss of US jobs in February increased hopes for Federal Reserve rate cuts but did little to cheer investors worried…

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Japan’s Nikkei slips from record closing high, market eyes US jobs data

Buzz line4 months ago03 mins

TOKYO, Japan’s Nikkei share average fell on Wednesday from a record closing high in the last session, as investors booked profits, while market focus shifted to a key US jobs report that could determine the Federal Reserve’s interest rate path. The Nikkei was down 0.4% at 52,284.23, as of 0152 GMT, while the broader Topix…

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