EUR/USD 1.16209
-0.410%
Gold 4545.67
-2.292%
Oil 100.978
3.282%
USD/JPY 158.766
0.243%
GBP/USD 1.33180
-0.615%
GBP/JPY 211.449
-0.370%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Iranian Parliament Speaker Ghalibaf: The world is standing at the beginning of a new order. The future belongs to the Global South.Iran will reopen its stock market on Tuesday, May 17, according to a report by the Islamic Republic News Agency (IRNA) on Saturday, citing a senior official. The report stated that trading had been suspended due to conflicts with the United States and Israel. Hamid Yari, deputy supervisor of the Iranian Securities and Exchange Organization, said, "The suspension of stock market activities since the outbreak of the war was aimed at protecting shareholder assets, preventing panic trading, and creating a more transparent pricing environment." He added, "Now, with the reopening of the stock market, we will see all sectors of the capital market fully resume operation."On May 17th, according to the Financial Times, two Federal Reserve officials nominated by US President Trump opposed allowing Jerome Powell to serve as interim chairman of the Fed "without time limit." This highlights the escalating political divisions within the central bank amid continued attacks from the White House. Powells second term as Fed chairman ended on Friday. He was appointed interim chairman to assume the duties until his official successor, Warsh, takes office. Milan and Bowman, nominated by Trump to the Feds board of governors, stated in a joint statement that they supported Powells temporary appointment as interim chairman, but "could not support this action" because the arrangement was "without time limit." Milan voted against it, while Bowman abstained. Milan and Bowman stated that Powells interim chairmanship "should be limited to a clearly defined and finite timeframe, at least one week," but they "can support a maximum period of one month."On May 17, the Africa Centres for Disease Control and Prevention (Africa CDC) convened an emergency regional coordination meeting on May 16, local time, to discuss and deploy a new round of Ebola prevention and control efforts with relevant personnel from the Democratic Republic of Congo, Uganda, South Sudan, the World Health Organization, and the African Medical Association. The meeting focused on current priorities, including cross-border surveillance and early warning management, infection prevention and control, case management, close contact management, logistical support, and resource mobilization.On May 17, US President Trump warned Iran that it would face a "very bad situation" if a peace agreement was not reached soon. In a telephone interview with French broadcaster BFMTV, Trump said, "They are interested in reaching an agreement." Iranian Foreign Minister Araqchi said on Friday that the Iranian government had received a message from the Trump administration indicating its willingness to engage in new negotiations, but he also warned that "distrust" of Washingtons true intentions remained.

S&P 500, NASDAQ Pressured by Fed Rate Hike Fears Amid Hot US Labor Market

Cory Russell

Jan 06, 2023 14:38

微信截图_20230106142556.png


The main U.S. stock indexes are set to start Thursday's trading day down after a closely watched private sector employment data revealed further evidence of a robust labor market, igniting concerns that the Federal Reserve would continue raising interest rates for longer than anticipated.


The Dow Jones Industrial Average is at 32872.70 at 14:42 GMT, down 397.07 points or -1.19%. The NASDAQ Composite is trading at 10309.03, down 149.73 or -1.43%, while the S&P 500 Index is at 3807.02, down 45.25 or -1.17%.


ADP claims that in December, private payroll growth increased by 235,000.


Private payroll growth in the United States exceeded expectations in December, showing that there is still a significant demand for workers despite rising interest rates.


According to the ADP National Employment report released on Thursday, private employment climbed by 235,000 jobs in the last month. Unrevised data for November showed 127,000 new jobs gained. Reuters questioned economists, who predicted a 150,000 increase in private employment.


US Weekly Jobless Claims Reach Three-Month Low; December Saw Fewer Layoffs

Layoffs decreased 43% in December while the number of Americans submitting new unemployment benefit claims plummeted to a three-month low last week, indicating a strong job market that may need more interest rate increases from the Federal Reserve.


The Labor Department said on Thursday that initial applications for state unemployment benefits dropped 19,000 to a seasonally adjusted 204,000 for the week ending December 31, the lowest level since late September. 225,000 claims were predicted by economists surveyed by Reuters for the most recent week.

Suggestion