• Wall Street rises as strong jobs data offsets trade worries

    4 monthes ago - By Reuters

    U.S. stocks rose on Friday as stronger-than-expected jobs growth in June and a surge in Biogen's shares eased concerns about an escalating U.S.-China trade dispute after the two economies slapped tariffs on each other's imports worth $34 billion.
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  • Is The Fed Creating A Dollar Shortage?

    Is The Fed Creating A Dollar Shortage?

    4 monthes ago - By ETF Daily News

    From Adem Tumerkan : One of the most important macro-situations that's developing right now is the looming U.S. dollar shortage.
    I don't mean in the sense that banks don't have enough dollars to lend out - I'm talking about the foreign sovereign markets.
    Here are some of the things that's causing liquidity to dry up.. .
    1. Soaring U.S. deficits - the United States' need for constant funding is requiring huge amounts of capital 2. A strengthening U.S. Dollar - which is weakening the rest of the worlds currencies 3. Rising U.S. short-term rates and LIBOR rates - courtesy of the Federal...
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  • U.S. adds 213,000 jobs in June

    4 monthes ago - By Reuters

    U.S. job growth increased more than expected in June. As Fred Katayama reports, steady wage gains should keep the Federal Reserve on a path of gradual rate increases.
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  • Dollar falls after U.S. nonfarm payrolls report, tariffs kick in

    4 monthes ago - By Reuters

    The dollar hit three-week lows on Friday after data showed the U.S. economy created more jobs than expected in June, but a closely-watched inflation gauge - wage growth - rose less than forecast and the unemployment rate increased.
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  • Instant View: U.S. June payrolls gain more than expected

    4 monthes ago - By Reuters

    U.S. job growth increased more than expected in June as manufacturers stepped up hiring, but steady wage gains pointed to moderate inflation pressures that should keep the Federal Reserve on a path of gradual interest rate increases.
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  • Dollar slides after U.S. nonfarm payrolls report

    4 monthes ago - By Reuters

    The dollar fell on Friday after data showed the U.S. economy created more jobs than expected in June, but a closely-watched inflation gauge - wage growth - rose less than forecast, while the unemployment rate increased.
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  • U.S. Added 213,000 Jobs in June as Unemployment Rose From an 18-Year-Low

    4 monthes ago - By Fortune

    U.S. hiring topped forecasts in June while unemployment rose from an 18-year low and wage gains unexpectedly slowed, indicating the labor market is still absorbing spare capacity.
    Payrolls rose 213,000 after an upwardly revised 244,000 advance, Labor Department figures showed Friday. The median estimate of analysts surveyed by Bloomberg called for a gain of 195,000 jobs. Average hourly earnings advanced 2.7 percent from a year earlier, while the jobless rate increased to 4 percent from 3.8 percent, the first rise in almost a year.
    A steady pace of hiring and gradually rising wages, along...
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  • Dollar weakens as U.S. tariffs kick in; U.S. jobs data eyed

    4 monthes ago - By Reuters

    The dollar fell on Friday as the United States and China slapped tariffs on the other's imports, but a muted reaction in currency markets suggested the escalation had largely been priced in by investors focusing on a U.S. jobs report due later in the day.
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