Weekly jobless claims rise as markets weigh Iran conflict, inflation, and Fed rate path ahead of April payrolls data.
Ahead of April's nonfarm payrolls, markets weigh jobless claims and Iran conflict risks.
Gold prices jump as dollar eases amid US-Iran deal hopes. Focus shifts to non-farm payrolls for Fed policy clues.
Upcoming non-farm payrolls data will test if the economy remains resilient enough to keep Fed policy on hold or if a softening labor market could revive rate cut bets.
Key employment report this week could test Fed's policy stance, with potential implications for rate cuts amid softening labor market.
April nonfarm payrolls report due Friday could shift Fed rate cut expectations as safe-haven demand firms.