Gold down as US jobs data curbs rate cut expectations
Gold prices eased on Monday as strong U.S. jobs data reinforced the Federal Reserve's cautious stance on interest rate cuts and boosted the dollar, though underlying safe-haven demand amid uncertainty around President-elect Donald Trump's policies curbed losses.
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.
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.
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.
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: 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 ...
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 ...
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 ...
Stock index futures fall ahead of key inflation data, bank earnings
Stock index futures tumbled on Monday, as negative sentiment seemed to continue after a hot jobs data on Friday sparked a selloff.
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 ...
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 ...