Gold hits seven-week high as weak US jobs data dents rate hike bets
GLOBAL-PRECIOUS/ (UPDATE 8, PIX):PRECIOUS-Gold hits seven-week high as weak US jobs data dents rate hike bets
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GLOBAL-PRECIOUS/ (UPDATE 8, PIX):PRECIOUS-Gold hits seven-week high as weak US jobs data dents rate hike bets
USA-BONDS/ (UPDATE 2):TREASURIES-Treasury yields fall as jobs report dashes hike bets
Omar Abdullah, J&K chief minister, labeled the Iltija Mufti incident a contrived event, alleging that agencies are working to bolster the PDP’s tarnished political standing. Iltija Mufti faced interrogation regarding an alleged attack on a police officer, asserting that she experienced rough treatment by police during a protest. She emphasised that her struggles represent the…
The US dollar weakened against major currencies on Friday. Unexpected job losses in July fueled economic concerns and clouded Fed rate outlook. The unemployment rate declined, but labor force participation hit a multi-year low.
The weak job report for July has tempered expectations surrounding a Federal Reserve rate increase. Consequently, futures markets now indicate a diminished probability of a rise in interest rates next month. Despite calls from several Fed officials for tighter monetary policy to counteract inflation, the economic community remains split on what lies ahead in rate…
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Warns officials against making sweeping statements that could hurt thousands dependent on the traditional culinary business