Bitcoiners and Wobblies: Labor Day Edition

اخیراً در مورد مبانی جنبش کارگری آمریکا مطالعه کرده ام. به طور خاص، تولد کارگران صنعتی جهان و گروهی به نام Wobblies، نام مستعاری که به اعضای IWW داده شده است. در اوج خود، IWW در سال 1917 بیش از 150000 عضو داشت، با عضویت جهانی و قدرت و نفوذ قابل توجه. در حالی که

US Dollar dives due to falling US yields and soft labor market data

Share: The DXY sank towards 105.05, its lowest level since mid-September. US government bond yields are retreating, also standing at lows since September. Job creation decelerated in October in the US as well as Hourly Earnings, while the Unemployment Rate increased. The US Dollar (USD) witnessed a significant drop on Friday, with the US

US JOLTS job openings data could suggest still tight labor market

Share: JOLTS report will be watched closely by Fed officials ahead of September jobs data. Job openings are forecast to hold steady at around 8.8 million on the last business day of August. US labor market conditions remain out of balance despite Fed rate hikes. The Job Openings and Labor Turnover Survey (JOLTS)

Forexlive Americas FX news wrap: No drama on Labor Day

Markets: WTI crude up 43-cents to $85.98 GBP leads, USD lags US/Canada bonds and equities closed There wasn’t much to report in terms of price action in North American trading. The holidays in the US and Canada kept a lid on the market and there wasn’t any news to jar markets. The overall tone is

Gold remains calm even as cooling labor market boosts Fed pause bets

Share: Gold price juggles below the $1,950.00 resistance as the focus shifts to the US Services PMI. US markets will remain closed on Monday on account of Labor Day. Cooling labor market conditions boost the Fed’s hopes of a soft landing. Gold price (XAU/USD) traded back and forth from the past four trading

Few surprises,  labor market continues to gradually cool – Wells Fargo

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

Gold capitalizes on soft consumer expenditure and labor cost growth

Share: Gold price falls back as Greenback swallows steroids amid US economic resilience. US Q2 GDP, demand for Durable Goods in June remained robust due to higher consumer spending. US recession fears fade significantly amid upbeat labor market conditions. Gold price (XAU/USD) recovers downside blip propelled by softer-than-anticipated United States Q2 Employment Cost index and