Gold ticks up on Russia-Ukraine tensions, EU-US trade optimism restricts upside
Gold price recovers to near $3,305 despite increasing hopes for a US-EU trade deal. Russia’s Putin demands that…
Will May PMIs remain in expansion territory?
The S&P Global advanced May PMIs are expected to show a slight dip in the manufacturing sector. Markets…
Japan’s Kato says unsustainable imbalance in some countries behind trade imbalance
US Secretary Scott Bessent and Japan’s Finance Minister Shunichi Kato discussed important issues pertaining to the US-Japan economic relationship,…
Initial Jobless Claims dropped to 228K last week
Initial Jobless Claims ticked lower to 228K. Continuing Jobless Claims eased to 1.879M. US citizens filing new applications…
NFP expected to show less hiring from US firms in April as uncertainty weighs
Nonfarm Payrolls are expected to rise by 130K in April, lower than the 228K gain reported in March.…
US ADP private sector employment rises 62,000 in April vs. 108,000 expected
Employment in the US private sector grew at a softer pace than expected in April. The US Dollar…
US JOLTS job openings set to show a mild decline in March
The US JOLTS data will be watched closely ahead of the release of the April employment report on…
Impact on China’s forex assets from volatility in US bond markets is limited
The People’s Bank of China ()PBOC) Deputy Governor said in a news conference that the “impact on China’s…
There have not been economic and trade talks between China and US
The Chinese Commerce Ministry said on Thursday that “there have not been economic and trade negotiations between China…
US President Trump eases market jitters, says no plans to fire Powell, China tariffs to be lower
Recently, US President Donald Trump said at a press conference that his discussions with China are going well,…