Non-Farm Payrolls Report: Market Movers Ahead?
Australia's economy experienced sluggish growth, with the Gross Domestic Product expanding by only 0.2% in the fourth quarter of 2023, below the anticipated 0.3%. This marked the fourth consecutive quarter of disappointing figures. In April, the ADP jobs report showed the inclusion of 192,000 nonfarm private jobs, slightly lower than March's 208,000, but still exceeding expectations of 179,000. Despite a minor slowdown in job creation, this indicates the labor market's enduring strength. In...
AUD/JPY snaps five-day uptrend above 81.00 as covid woes renew in Australia
● AUD/JPY bounces off intraday low but prints daily loss for the first time in six days. ● NSW refreshes highest covid infections since March 2020, Victoria ends lockdown. ● Bears also cheer US Senators’ jostling over President Joe Biden’s infrastructure spending proposal, cautious mood ahead of the key data/events. ● BOJ’s Kuroda, RBA’s Debelle and risk catalysts will be crucial for fresh impulse.
Fed’s Powell Says Market, as Exemplified by Dogecoin, Is ‘a Bit Frothy’
Fed’s Powell Says Market, as Exemplified by Dogecoin, Is ‘a Bit Frothy’
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