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.
The UK unemployment rate rose to 5% in the three months to March, signaling potential economic headwinds and impacting market sentiment.
China's urban unemployment fell to 5.2% in April, but retail sales and industrial output missed expectations, signaling uneven recovery.
China's April retail sales miss expectations as unemployment edges higher and factory input prices stay elevated.
China's unemployment edges higher amid factory cost pressures and weak retail sales, challenging economic recovery.
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.
US jobless claims decline, signaling a strong labor market despite geopolitical tensions. Economists weigh in on the data.
Key employment report this week could test Fed's policy stance, with potential implications for rate cuts amid softening labor market.
Palladium gained 1.5% to $1,501.41 ahead of key US employment data that could influence Fed rate decisions.
Mexican peso jumps 0.8% as RBA delivers hawkish rate hike amid global energy shock and growth downgrades.
April nonfarm payrolls report due Friday could shift Fed rate cut expectations as safe-haven demand firms.