Weak US ADP payroll data cooled Federal Reserve rate hike expectations, sparking a rally across precious metals. Gold and silver advanced as reduced rate fears boosted demand for non-yielding assets,…
Pre-market US futures trade mixed following weak ADP private payroll data showing +38K jobs added. Apple leads the Dow Jones higher amid a CEO leadership transition, while oil prices climb on geopoli…
US pre-market futures are mixed after private payrolls rose by a weaker-than-expected 38K in August. Dow futures lead gains, supported by Apple and energy strength as crude prices surge on Strait of …
US futures edge up 0.2% as strong services PMI (54.5, 9-month high) contrasts with weak ADP jobs data (44K) and rising input costs, keeping rate-sensitive sectors in focus amid Fed policy uncertainty.
Bitcoin and Ethereum opened higher Thursday, near weekly highs, as easing Iran tensions and weak ADP jobs data lower rate hike expectations, boosting risk appetite in crypto markets.
Silver futures opened at $62.20, down slightly from Wednesday but up 4% intraday from prior open, before slipping to $61.73. Middle East tensions and weak ADP jobs data support precious metals.
Gold futures surged past $4,300/oz, up 4% on Strait of Hormuz reopening talks and weak ADP jobs data, which lowers odds of a Fed rate hike, boosting gold's appeal.
Gold futures topped $4,300/oz, up 4% amid Strait of Hormuz reopening talks and weak ADP jobs data, which lowers Fed rate hike odds. Softer USD outlook and easing energy supply concerns are pressuring…
ADP report shows only 44,000 private jobs added in July, far below 75,000 forecast. Despite weak hiring, wage growth for job switchers hit 7%, fueling inflation concerns and hawkish Fed expectations,…
US equity futures rose on hopes for a Strait of Hormuz deal easing Middle East tensions. Oil prices ticked higher despite reduced supply risk. Traders await ADP jobs data, PMI, ISM services, and Fed …
EURUSD surged after ADP data showed consistent US job losses, raising expectations of Fed rate cuts and fueling euro strength against a weakening dollar amid delayed official employment reports.