Macro Overview Bank of Japan attempts to rescue the Yen On Sept. 22, the Bank of Japan (BOJ) became the first central bank to intervene with their currency to prevent a currency collapse through FX in...
Tag: Jobs
Bitcoin price gives up key trend line as US jobs data deals 5% losses
A snap unemployment report sparks an instant risk asset sell-off, with BTC price action staying below $20,000 since. Bitcoin (BTC) stayed near the lower end of its trading range into Oct. 8 after bull...
Bitcoin drops below $20,000 following U.S. jobs data; DXY dollar index soars
Crypto prices plummeted following the lowest monthly job figures out of the U.S. since last December. The U.S. added 263,000 new jobs in month of September, above expectations of 255,000 and below th...
Bitcoin Price Falls Below $20,000 Following US Jobs Report
The US added 263,000 jobs last month, according to a job figures report released by the Labor Department on Friday. It was the slowest month of hiring in 18 months, indicating the hot job market is co...
Bitcoin, Other Risk Assets Fall Again Following Disappointing Jobs Data
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
A Better-Than-Expected Jobs Report Causes Markets To Plummet: Here’s Why
Topline Stocks tumbled Friday as investors reacted to data revealing a stronger-than-expected labor market, demonstrating the head-scratching but fundamental economic concept that many see lower unemp...
Stocks tank, Treasury yields spike as jobs report dashes hopes of Fed pivot
U.S. stocks cratered on Friday in their worst day since the throes of September’s sell-off after the government’s monthly employment report showed labor conditions remained tight last mont...
Stocks, Cryptos Falter on Jobs Data, Binance Hack Fallout
Crypto’s rally earlier in the week proved to be short lived Jobs data and fears over the latest crypto hack had investors weary Even after hints earlier in the week that a turnaround was coming, crypt...
Dow Jones Plunges 500 Points On Jobs Report; AMD Stock Dives On Revenue Warning
The Dow Jones Industrial Average dived 500 points Friday morning after the Labor Department’s stronger-than-expected September jobs report. Advanced Micro Devices (AMD) dived 8% and triggered an...
Bitcoin Tumbles Hard After US Jobs Data, Probability Of 75 Bps Fed Rate Hike Jumps
Bitcoin price tumbled over 4% after the U.S. Bureau of Labor Statistics released non-farm payroll data for September. The U.S. unemployment rate fell to 3.5%, below the expected 3.7% in September. Mor...
Here’s what the U.S. monthly jobs report means for the S&P 500
S&P 500 is down 2.0% on Friday even after the Bureau of Labour Statistics said the U.S. economy added fewer-than-expected jobs in September. Unemployment rate declined in September Economists had ...
Unemployment back to 3.5%; New nonfarm payroll jobs at 17-month low
One thing is absolutely certain – the Fed will not be taking its foot off the gas. Jerome Powell will opt for an unprecedented fourth 75 bps hike during the November meeting. At the heart of the matte...
Jobs report September 2022:
Job growth fell just short of expectations in September and the unemployment rate declined despite efforts by the Federal Reserve to slow the economy, the Labor Department reported Friday. Nonfarm pay...
Here’s where the jobs are for September 2022
Job growth remained strong overall in September, but declines in several sectors led to a slowdown compared to hot readings during the summer. Leisure and hospitality was the standout sector, growing ...
New Jobs Report Lands With 263,000 Added In September
Private non-farm payrolls were up 263,000 in September (Photo by Carl Court/Getty Images) Getty Images In figures that have just been released by the Bureau of Labor Statistics, there were a total of ...
Increased Bitcoin Volatility as US Jobs Data Exceeds Expectations
The payroll and job reports from the world’s largest economy were slightly above expectations for September. However, BTC reacted with a sharp price decline, as it typically happens when the US publis...
Bitcoin sinks as US payroll data shows 263K new jobs added in September
The U.S. Bureau of Labor Statistics (BLS) released non-farm payroll data for September showing employment had increased by 263,000 jobs. The U.S. unemployment rate currently stands at 3.5%, below the ...
USD/CAD forecast after the stellar US and Canada jobs data
The USD/CAD exchange rate moved sideways on Friday after the latest Canadian and US jobs data. It was trading at 1.3720, which is slightly below the year-to-date high of 1.3835. It has risen by more t...
Unemployment Rate Fell To 3.5% In September As Labor Market Added 263,000 Jobs
Topline The unemployment rate unexpectedly fell last month as the economy added another 263,000 jobs—signaling the labor market, which has remained one of the economy’s strongest pillars during the pa...
Dow Jones Falls As Jobs Report Looms; AMD Warns, Elon Musk Wins Twitter Trial Delay
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures, despite an AMD earnings warning. The stock market rally attempt lost ground Thursday, hitting resist...
Friday’s jobs report could be a case where good news isn’t really good
A worker takes a panini sandwich off a grill at a restaurant in the Union Market district in Washington, D.C., on Tuesday, Aug. 30, 2022. Al Drago | Bloomberg | Getty Images Investors are closely watc...
Dow Jones Sells Off 300 Points After Jobs Data, Key Economic Data; OPEC Meeting On Tap
The Dow Jones Industrial Average sold off more than 300 points Wednesday after a stronger-than-expected ADP employment report. ADP’s payrolls report previews Friday’s jobs report from the ...
ADP jobs report September 2022:
The U.S. labor market showed strength in September, with private companies adding more jobs than expected, payroll services firm ADP reported Wednesday. Businesses added 208,000 for the month, better ...
The job market is cooling but workers still have power, say economists
Hinterhaus Productions | Getty Images There are signs the hot job market is cooling — but workers still have bargaining power for now, according to labor economists. Job openings, a barometer of emplo...
Over 50% of CEOs say they’re considering cutting jobs over the next 6 months — and remote workers may be the first go to
Alarm sirens from the C-Suite about a looming recession are gaining volume in America and elsewhere, but calls back to the office for full-time work are a lot softer. Most CEOs across the globe shared...
New Jobs Data Friday- How Is Employment Tied To A Recession (Does This Officially Tip Us In)?
| Getty Images Key takeaways The U.S. unemployment rate went up in August for the first time since April 2020. The jump wasn’t nearly as large, though; the reasons for the jump are positive economic i...
9 Smart Part-Time Jobs for Retirees
part time jobs for retirees Retired people need to stay busy and it never hurts to make extra cash, especially when you’re on a fixed income. If you’re thinking of working while retired, let’s go over...
Core PCE rises to 4.9%; US Jobs report, manufacturing data in next week’s economic calendar
The Bureau of Economic Analysis (BEA) release published today showed that the core personal consumption expenditures price index (PCE) inflation unexpectedly rose to 4.9% Y-o-Y above July’s upward rev...
Lazarus Hacker Group Targets MacOS Users Through Crypto Jobs
The Lazarus Group are North Korean hackers who are now sending unsolicited and fake crypto jobs targeted toward Apple’s macOS operating system. The hacker group has deployed malware which conducts the...