ECB policymakers keen to cool euphoria over inflation drop FULL STORY The European Central Bank needs to see further progress in dampening inflationary pressures, and companies along with governments need to chip in to prevent more policy tightening, ECB policymakers said on Wednesday. Policymakers speaking at various venues across Europe appeared keen to cool any
Challenger is reporting that they see the labor market starting to cool as the holiday season kicks off. They add: Employers are hiring at a slower clip Retailers have announced 55,755 job cuts through August US retailers will add 410K seasonal positions, which represents the lowest number of jobs added in the 1st quarter since
© Reuters. Investing.com– Most Asian currencies rose on Thursday, taking some relief from weakness in the dollar and Treasury yields as focus remained largely on more cues on U.S. monetary policy from the Jackson Hole Symposium. Weak purchasing managers’ index data saw the dollar fall from an over two-month peak in overnight trade, while Treasury
Share: Data released on Friday showed that Nonfarm Payrolls in the US rose by 187,000 in July, falling below the market consensus of 200,000. June’s figures were also revised lower to 185,000, marking the lowest level since December 2020. Analysts at Wells Fargo point out that the slower pace of hiring in July
Here’s a snapshot of the equities space at the moment: Eurostoxx +0.1% Germany DAX -0.3% France CAC 40 +0.1% UK FTSE -0.3% S&P 500 futures +0.1% Nasdaq futures +0.3% Dow futures flat That’s hardly indicative of a more positive risk sentiment, the one that we saw from Asia and early trading in Europe. There are
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