Forex news for North American trading on August 6, 2021 The awaited jobs report was released today at 8:30 AM ET, and it did not disappoint. The net change in nonfarm payroll jobs was 943K. That was above the 870K estimate. Moreover, the June report was revised higher by 88K to 938K, and the May report was also revised
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NEW DELHI: Guar gum prices on Friday gained Rs 190 to Rs 7,625 per five quintal in futures trade as speculators increased their holdings on spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for August delivery traded higher 2.56 per cent, or Rs 190 to Rs 7,625 per five quintal with
A man hands his resume to an employer at the 25th annual Central Florida Employment Council Job Fair at the Central Florida Fairgrounds. More than 80 companies were recruiting for over a thousand jobs. Paul Hennessy | LightRocket | Getty Images The unemployment fell to 5.4% as the economy added 943,000 jobs in July, with
Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway‘s operating income continued to rebound as its myriad of businesses from energy to railroads benefited from the economic reopening. The conglomerate reported operating earnings of $6.69 billion in the second quarter, up 21% from $5.51
Swing area between 1.1751 and 1.17566 The EURUSD is keeping above the July 2021 swing lows between 1.17510 and 1.17566. The low price has so far reached 1.17537 between those swing low levels on the hourly chart. Dip buyers are sticking a low-risk toe in the water, hoping for another bounce. A break below will likely lead to
In USD terms China’s Trade balance for July was $56.58 bln vs. expected $51.54bn, prior was $51.5bn Exports +19.3% y/y for a small miss on the median consensus estimate expected +20.8% y/y, prior +32.2% Imports +28.1% y/y, also a miss expected +33.0% y/y, prior was +36.7% China’s trade surplus with the United States ( Reuters calculation) $35.4
NEW YORK: Oil prices fell about 1% lower on Friday, posting to their steepest weekly losses in months, on worries that travel restrictions to curb the spread of the variant of COVID-19 will derail the global recovery in energy demand. Crude futures also came under pressure as the dollar strengthened after monthly US job growth
Despite recovery, crude oil prices are prone to record the first decline in 3 weeks. The sharp selloff earlier in the week is a result of a confluence of factors including resurgence of the pandemic in the US and China, China’s economic slowdown and OPEC+’s plan to increase output. The rapid spread of the delta
A ‘We’re Hiring!’ sign is displayed at a Starbucks on Hollywood Boulevard on June 23, 2021 in Los Angeles, California. Mario Tama | Getty Images July’s strong jobs report puts the Federal Reserve on track to slow its bond purchases — if the spread of Covid doesn’t hurt the economy and hiring later in the
A mobile phone shows Huawei app interface. Huawei unveiled HarmonyOS, its own operating system in 2019. In June 2021, the company launched the operating system on a smartphone for the first time. Costfoto | Barcroft Media | Getty Images The chairman of Huawei said the Chinese technology company’s “aim is to survive” as revenue fell
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The overall feel across the cryptocurrency landscape over the past week has been one of bubbling anticipation, with the Ethereum network finally undergoing its London hard fork, which includes reforms to the transaction fee market, thanks to EIP-1559. London is the latest in a series of upgrades that are part of Ethereum’s measured transition from
Yesterday the S&P and NASDAQ close record highs The stronger-than-expected US jobs report Helped send the Dow 30 stocks higher in trading today. The S&P index was mixed but also close marginally higher. The NASDAQ index fell on the back of the potential for higher rates slowing down some of the high flyers. Whereas yesterday,
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NEW DELHI: Refined soya oil prices on Friday fell Rs 7.4 to Rs 1,399 per 10 kg in futures trade as speculators reduced holdings amid subdued demand in spot market. On the National Commodity and Derivatives Exchange, refined soya oil for delivery in August declined by Rs 7.4 or 0.53 per cent, to Rs 1,399