The US Bureau of Labor Statistics released a report moments ago showing a decrease of 92,000 jobs in non-farm payrolls in February, compared to an increase of 126,000 jobs in January. This was below expectations of a 58,000 increase. Meanwhile, the unemployment rate rose slightly in February to 4.4%, compared to 4.3% in January, falling short of expectations. The labor...
The US private sector added approximately 63,000 jobs in February, according to figures released moments ago by ADP. This follows a revised increase of approximately 11,000 jobs in January, up from the previously reported 22,000, exceeding expectations of 50,000. Specifically, the construction sector added approximately 19,000 jobs, while the manufacturing sector lost approximately 5,000. The education and healthcare services sector...
The Australian economy recorded growth in gross domestic product in the fourth and final quarter of last year ending in December 2025, according to estimates released this morning, Wednesday, March 4, by the Australian Bureau of Statistics (ABS). This compares to a revised growth of 0.5% in the third quarter, exceeding market expectations of a 0.7% increase. The economy expanded...
Eurostat, the European Union's statistical office, released figures moments ago showing that annual inflation in the Eurozone rose to 1.9% in February, up from 1.7% in January, exceeding market expectations. The services sector contributed the most to inflation in September, rising to 3.4% from 3.2% in January. The food, alcoholic beverages, and tobacco sector index also increased to 2.6% from...
Crude oil prices recorded gains exceeding 7% at the start of the week's trading in the European session on Monday, March 2nd, after rising by more than 12% at the opening of Asian markets. This surge was fueled by escalating geopolitical tensions in the Middle East and the war that erupted over the weekend following an Israeli and US attack...
Canada's gross domestic product (GDP) rose by 0.2% in November, following December, according to data released moments ago by Statistics Canada. This comes after November saw no growth, exceeding expectations of 0.1% growth. The services sector led the growth in December. Specifically, the services sector led the growth in December with a 0.2% increase, driven by growth in wholesale trade,...
Figures released this morning, Wednesday, February 25, during the Asian session by the Australian Bureau of Statistics (ABS) showed that consumer price inflation rose to 3.8% year-on-year in January, matching the increase in December and reaching its highest level since April 2024. This was slightly below expectations of a 3.7% rise. The index rose 0.4% month-on-month, compared to 1% in...
Cryptocurrencies declined for the second consecutive session in midday trading on Tuesday, February 24th, after a two-week period of stability. This decline comes amidst a decrease in risk appetite in the markets following US President Donald Trump's announcement that he would raise global tariffs to 15%, further increasing market uncertainty since the beginning of the week. The decline in cryptocurrencies...
Gold is trading more than 1% higher at the start of European trading on Monday, February 23, the opening session of the week. The precious metal benefited from a weaker US dollar at the market open and increased demand for safe-haven assets as markets continued to assess the US Supreme Court's decision last week. Gold is trading up approximately 1.06%...
Data released at the start of the European session on Friday, February 20, showed improvement in most services and manufacturing PMI indicators for the Eurozone and the UK in February. The Eurozone services PMI rose to a two-month high of 51.8 in February, compared to 51.6 in January (expected 51.9). Meanwhile, the manufacturing PMI climbed to a 44-month high of...