Latest Market News
AUD Plunges as Jobless Rate Hits 2021 High, RBA Rate Path in Doubt
The Australian dollar tumbled after unemployment rose unexpectedly to its highest since 2021, dimming rate hike prospects and widening the divergence with a resilient USD.
UK Unemployment Edges Higher as Labour Market Cools
The UK unemployment rate rose to 5% in the three months to March, signaling potential economic headwinds and impacting market sentiment.
China's Urban Jobless Rate Dips to 5.2%, But Broader Economic Weakness Persists
China's urban unemployment fell to 5.2% in April, but retail sales and industrial output missed expectations, signaling uneven recovery.
China Retail Sales Underperform Amid Rising Unemployment
China's April retail sales miss expectations as unemployment edges higher and factory input prices stay elevated.
China's Rising Unemployment and Economic Challenges
China's unemployment edges higher amid factory cost pressures and weak retail sales, challenging economic recovery.
Jobless Claims Rise Amid Iran Tensions, Fed Uncertainty
Weekly jobless claims rise as markets weigh Iran conflict, inflation, and Fed rate path ahead of April payrolls data.
Nonfarm Payrolls Preview: Job Data Amid Iran Tensions
Ahead of April's nonfarm payrolls, markets weigh jobless claims and Iran conflict risks.
Jobless Claims Fall, Labor Market Shows Resilience
US jobless claims decline, signaling a strong labor market despite geopolitical tensions. Economists weigh in on the data.