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By Don Nico ForbesU.K. unemployment was unchanged in the three months through July, with the labor market showing continued signs of softness ahead of a Bank of England meeting this week.The unemployment rate was 4.9%, unchanged from the three months through June, according to data released Tuesday…
Groupe Dynamite said Q2 fiscal 2026 revenue rose 29.8% to $423.6 million and gross profit increased 40.5% to $291.6 million. It raised full-year revenue growth guidance after the quarter.
Private employers added 38,000 jobs in August, the weakest gain since January and below the 47,000 consensus estimate, while median base pay rose 3.2% year over year.
The U.S. labor market cooled in June with employers adding 57,000 jobs, falling short of the 110,000 economists had expected and sharply decelerating from May’s reading of 129,000. The unemployment rate edged down to 4.2%, below the 4.3% consensus. Average hourly earnings rose 0.3% on the month, matching the 0.3% expec
***General Trend and Developments*** -Overall Asian equities are again directionless ahead of the upcoming US-related events. Cautious start to the new quarter? - Disappointing PMIs seen throughout Asia [including China, Indonesia, Japan, South Korea, Taiwan, Vietnam]. The Chinese data was hurt by new export orders. -S
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
Summary US equity market looked to finish off quarter and month on an up note. Tech did a good portion of the heavy lifting, unwinding some the mega-cap weakness/rotations seen into quarters end. May JOLTS jobs data jumped up towards 7.6M openings pushing up Treasury yields marginally. EU CPI readings were broadly cool
***General Trend and Developments*** -The Japanese Yen remains slightly offered amid quarter-end and Gotobi. Sato ’s comments are now keenly awaited, especially ahead of the next BOJ decision [Jul 31st]. However, Japan 2-year bond traders seem unfazed given the stronger demand at auction -The PBOC continued to use its
***General Trend and Developments*** -Crude oil looked to be heading towards a higher open and US equity FUTs a lower open, until 20 minutes before the Monday reopenings, when Axios reported that the US and Iran would halt strikes and meet tomorrow in Doha, Qatar. -Oil ended up only opening modestly higher by US armed