Major Gulf markets mixed on strong U.S. jobs data
Major stock markets in the Gulf were mixed in early trade on Monday, as unexpectedly strong U.S. jobs data reinforced expectations of prolonged elevated interest rates in the world's largest economy.
Oil Rises on Strong U.S. Jobs Data
Oil rose in early Asian trade in the wake of more data signaling a strong U.S. economy.
Gold Rises After Strong U.S. Jobs Data
Gold prices gain further in afternoon trade amid uncertainties over the impact of future U.S. policy on the economy and inflation, even after the latest jobs report supported the case for a slowdown in interest-rate cuts.
Most Gulf markets fall after stronger than expected US jobs data
Most stock markets in the Gulf were subdued on Sunday following stronger than expected U.S. jobs data, which reinforced expectations that the Federal Reserve will likely keep interest rates elevated for longer than many traders were betting on.
Gold gains despite strong U.S. jobs data as traders feast on Trump uncertainty
Gold further gained Friday, capping a strong week as uncertainty around future U.S. policy under President-elect Trump sparked safe-haven demand, even as stronger than forecast U.S. jobs data reinforced expectations the Federal Reserve might not cut interest rates as aggressively this year.
Gold Soars as Safe-Haven Demand Surges Amid Rising U.S. Treasury Yields and Strong Jobs Data
Gold prices gained momentum despite rising US treasury yields. It hit an intradayhigh of $2,698 and currently trading around $2696.50. Non-Farm Employment Change published on: The economy in the
Gold rebounds on Trump policy uncertainty despite robust US jobs data
Gold prices rebounded on Friday as uncertainty surrounding the incoming Trump administration's policies lifted safe-haven appeal, even as a stronger-than-expected U.S. employment data reinforced expectations the Federal Reserve might not cut interest rates as aggressively this year.
Towering dollar after solid jobs data leaves peers struggling
The dollar began the week on a strong note on Monday, leaving its peers languishing near multi-year lows after a blowout U.S.
Dollar Rises After Strong U.S. Data
The dollar was rising, hovering close to its highest in more than two years against a basket of currencies, after ...
Jobs Report: Bond Yields Rise And Stocks Fall
Stocks and bonds declined in response to much better-than-expected job growth. This week's consumer inflation (CPI) report ...
Gold eases US jobs data bolsters the dollar, douses rate cut hopes
Gold prices edged lower on Monday as a stronger-than-expected U.S. jobs report reinforced the Federal Reserve's cautious ...
Jobs Report Today: Economy Added 256,000 Jobs in December, Far Above Forecasts
The final jobs report of 2024 showed an uptick in hiring and a slight decrease in the unemployment rate. Get updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 ...
US adds whopping 256K jobs in December
The U.S. added 256,000 jobs and the unemployment rate ticked down to 4.1 percent in December, according to data released ...
Dollar clings on to gains ahead of US jobs data; sterling slips
The dollar looked set to log a sixth straight week of outperformance against other currencies on Friday, underpinned by ...