Page 4 - Us Job Data

Markets decline on heavy FPI selling; Sensex slips below 60,000

FPIs sold shares worth Rs 2,902 cr, according to provisional data from exchanges

Dollar holds near an almost one-month high on resilient US jobs market

The index was on track for a weekly gain of more than 1.8%, its largest since September

World markets mostly gain ahead of Federal Reserve report, US jobs data

Global stock markets and Wall Street futures were higher Tuesday ahead of updates on US jobs amid fears of a possible global recession. Frankfurt, Shanghai and Hong Kong advanced. Seoul declined. Oil prices rose. Coming off a year of big declines for major stock markets, traders worry the Federal Reserve and other central banks might be willing to push the world into recession to cool inflation that is at multi-decade highs. Investors also are uneasy about the impact of Russia's war on Ukraine and China's COVID-19 outbreaks. Almost everyone is going into 2023 with a healthy dose of trepidation, Craig Erlam of Oanda said in a report. The DAX in Frankfurt opened up 0.2 per cent at 14,093.38 while the CAC-40 in Paris was unchanged at 6,594.63. On Wall Street, the futures for the benchmark S&P 500 index and the Dow Jones Industrial Average were up 0.5 per cent ahead of 2023's first day of US trading. The S&P 500 ended 2022 down 19.4 per cent, its biggest decline since the 2008 ...

In world economy this week: From China's Covid numbers to US job data

The govt's official PMI on Saturday showed that China's abrupt reversal of its Covid Zero policy pushed economic activity - its service sector in particular - to the slowest pace since February 2022

United States adds 263,000 jobs in Nov despite aggressive rate hike

Nonfarm payrolls climbed 263,000 last month, with an unemployment rate of 3.7 per cent, according to data from the Labour Department published on Friday

Sensex, Nifty snap eight-day winning streak ahead of US jobs data

Both shed 0.6% but end in green for second straight week; Broader markets play catch-up

US Dollar wobbles to 16-week lows as inflation ebbs, eye on jobs data

The dollar index/, which measures the currency against six major peers including the yen and euro, rose 0.191% at 104.840

Rupee seen up tracking recovery on Asian peers; US jobs data eyed

The rupee is tipped to open at around 82.70-82.75, compared with 82.88 in the previous session.

Gold prices slip for 4th time as dollar stands tall on US rate hike bets

The dollar index hit a more than one-week peak, making gold more expensive for buyers holding other currencies

US adds 263,000 jobs; unemployment rate falls to 3.5% in September

With the labor market still tight, wage gains remained solid. Average hourly earnings increased 0.3% after a similar rise in August

Dollar retreats as investors await US jobs data; euro, pound pares

The euro and the pound pared overnight losses and rose for the first time in three trading sessions, while the Japanese yen clawed back from another break through the key 145 level against the dollar

Dollar wavers with ECB minutes and Friday's US jobs data in focus

Sterling gained 0.35% to $1.1359, and the dollar also slipped 0.5% against the Swiss franc to 0.9791 francs

Global stocks down after strong US jobs data fuels rate hike fears

Global stock markets declined Wednesday after strong US jobs data fuelled expectations of more interest rate hikes and Chinese manufacturing activity weakened. London and Frankfurt opened lower. Shanghai, Tokyo and Hong Kong declined. Oil prices lost more than USD 1 per barrel. US government data Tuesday showed there were two jobs for every unemployed person in July, giving ammunition to Federal Reserve officials who argue the economy can tolerate more rate hikes to tame inflation that is at multi-decade highs. Some investors had hoped the Fed would back off due to signs economic activity is cooling. The jobs data supported the argument for the Fed to stick to an aggressive stance, Edward Moya of Oanda said in a report. In early trading, the FTSE 100 in London fell 0.6 per cent to 7,319.62 and the DAX in Frankfurt shed 0.4 per cent to 12,913.41. The CAC 40 in Paris fell 0.5 per cent to 6,178.78. On Wall Street, futures for the benchmark S&P 500 index and the Dow Jones Industrial .

Asian stocks follow Wall Street lower after US jobs data signals rate hikes

Asian stocks followed Wall Street lower Wednesday after strong U.S. jobs data fuelled expectations of further interest rate hikes and Chinese manufacturing activity weakened. Shanghai, Tokyo, Hong Kong and Sydney declined. Oil prices rose more than USD 1 per barrel. U.S. government data Tuesday that showed there were two jobs for every unemployed person in July appeared to support arguments the economy can tolerate more rate hikes to tame inflation that is running at multi-decade highs. Some investors had hoped the Federal Reserve would back off due to indications economic activity is cooling. The jobs data supported the argument for the Fed to stick to an aggressive stance, said Edward Moya of Oanda in a report. The Shanghai Composite Index fell 1.1% to 3,191.00 after an index of manufacturing showed activity contracted again in August. The Nikkei 225 in Tokyo shed 0.5% to 28,063.06 and the Hang Seng in Hong Kong sank 0.4% to 19,867.17. The Kospi in South Korea gained 0.7% to ..

Global stocks rise after US job data gain paves way for rate hike

Global stocks gained Monday after strong U.S. jobs data cleared the way for more interest rate hikes and Chinese exports rose by double digits. London, Shanghai, Tokyo and Frankfurt advanced. Hong Kong retreated. Oil prices edged higher. Wall Street's benchmark S&P 500 lost 0.2% on Friday after government data showed American employers added more jobs than expected in June. That undercut expectations a slowing economy might prompt the Fed to postpone or scale back plans for more rate hikes to cool inflation. Now it seems they will be debating whether they need to be even more aggressive, Edward Moya of Oanda said in a report. In early trading, the FTSE 100 in London was up 0.4% at 7,471.08 and the DAX in Frankfurt added 0.4% to 13,629.44. The CAC 40 in Paris advanced 0.6% to 6,512.74. On Wall Street, the future for the S&P 500 rose 0.3% while that for the Dow Jones Industrial Average was up 0.2%. The S&P declined 0.2% on Friday after government data showed employers hired .

US job growth beats expectations; unemployment rate declines 3.5%

Data for June was revised higher to show 398,000 jobs created instead of the previously reported 372,000.

Wall Street falls as solid jobs data fuels interest rate hike worries

The Dow Jones Industrial Average was down 134.01 points, or 0.41%, at 32,592.81, the S&P 500 was down 27.03 points, or 0.65%, at 4,124.91

Dollar edges higher as investors turn attention to key US jobs data report

The U.S. dollar index, which measures the greenback against a basket of currencies, was up 0.22% to 105.93, after sliding 0.68% on Thursday, the largest fall since July 19.

World stock markets mixed ahead of US jobs data; Fed weighs rate hike

Global stock markets and Wall Street futures were mixed Friday ahead of an update on the U.S. jobs market while the Federal Reserve weighs whether more rate hikes are needed to cool surging inflation. London, Paris and Frankfurt were lower while Shanghai and Tokyo advanced. Oil prices fell back. Investors were looking ahead to monthly U.S. employment numbers for possible signs of weakness that might prompt the Fed to decide it needs to ease off on rate hikes to cool inflation. Other data suggest the economy is slowing, which should reduce pressure for prices to rise. Consensus is looking for a softening in the labor market for July, said Stephen Innes of SPI Asset Management in a report. In early trading, the FTSE 100 in London lost 0.1% to 7,437.48 and the DAX in Frankfurt was little-changed at 13,660.80. The CAC 40 in Paris lost 0.5% to 6,483.56. On Wall Street, the future for the benchmark S&P 500 index slipped less than 0.1% while that for the Dow Jones Industrial Average was

Gold rises over 1% buoyed by dollar slide, weak US private payroll data

"(The job data) is really raising the recession concerns that have been brewing in the market and supporting gold," said Ryan McKay, commodity strategist at TD Securities