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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.
Dollar, U.S. 10-Year Treasury Yields Rise to 2-Year High After Strong Data Dims Rate-Cut Prospects
The dollar hit fresh highs against several currencies and U.S. 10-year borrowing costs increased in tandem, continuing their rise since strong jobs data dampened prospects for Fed rate cuts.
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 stance on rate cuts and boosted the U.S. dollar, weighing on the bullion. Spot gold fell 0.
1d
Gold drops 1% as robust US jobs data strengthens dollar
Gold prices dipped on Monday as the U.S. dollar soared to an over two-year high after a robust jobs report last week cemented ...
1d
Jobs Report: Bond Yields Rise And Stocks Fall
Stocks and bonds declined in response to much better-than-expected job growth. This week's CPI report could further pressure ...
9d
More Jobs Data This Coming Week: Nothing To Suggest A Change In Trend Is Afoot
Jobless claims have consistently hovered between 210k - 230k with the exception of October and the hurricanes in North ...
1d
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 ...
4d
Economy adds 256,000 jobs in December as hiring picked up toward the end of 2024
The U.S. labor market added 256,000 jobs in December, a strong showing at the end of 2024, as the labor market revved up ...
The Economist
1h
Why elite MBA graduates are struggling to find jobs
When consultancies slowed their hiring after a boom during the pandemic, business schools felt the squeeze. Our analysis of ...
4d
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 ...
4d
on MSN
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 ...
1d
on MSN
Towering dollar after solid jobs data leaves peers struggling
The dollar began the week on a strong note on Monday, leaving its peers languishing near multi-year lows after a blowout U.S.
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