May 06, 2016 at 20:26 | Source: Reuters
Nonfarm payrolls increased by 160,000 jobs last month as construction employment barely rose and the retail sector shed jobs, the Labor Department said on Friday.
May 06, 2016 at 16:34 | Source: Moneycontrol.com
According to Angel Commodities , We expect LME Copper prices to trade lower as investors will cautiously watch US non - farm payrolls data due tonight for further clues on timing of further interest rate increases from the Federal Reserve.
May 06, 2016 at 10:59 | Source: Reuters
St. Louis Federal Reserve President James Bullard said on Thursday the Fed could raise rates at its meeting next month if the economic data calls for it, despite the fact that traders see only a slim chance of it happening.
May 06, 2016 at 08:58 | Source: CNBC-TV18
Even as markets continue to grapple with the question when and whether a second US Federal Reserve rate hike is coming through, David Mann of Standard Chartered has taken a stand: no rate hike.
May 06, 2016 at 07:59 | Source: Reuters
"I think we should keep the option open but I'm very much at the moment sort of on the fence and it will depend how the data come in," Atlanta Fed President Dennis Lockhart said on CNBC of raising rates in mid-June, adding he was "optimistic" about US economic growth through year end.
May 05, 2016 at 10:35 | Source: Moneycontrol.com
According to Achiievers Equities, Silver dropped as the U.S. dollar staged a recovery after a pair of Federal Reserve officials talked up U.S. interest rate hikes this year.
May 04, 2016 at 17:25 | Source: Moneycontrol.com
Spot gold has eased 0.4 percent to USD 1,281.10 an ounce, not being able to close above 1300. But Mark TO of Wing Fung Financial Group doesn't rule out gold touching USD 1400.
May 04, 2016 at 08:36 | Source: CNBC-TV18
This risk off sentiment across the global market is just a passing phase and the rally will resume later this year, says Geoffrey Dennis of UBS.
May 04, 2016 at 08:03 | Source: Reuters
"Brexit could be a source of heightened global uncertainty," Lockhart said in a speech before the World Affairs Council of Jacksonville, Florida, adding it "has some potential to loom large as we approach the June meeting."
May 04, 2016 at 07:56 | Source: Moneycontrol.com
Globally, US market ended lower amid global growth concerns. Nasdaq closed down over one percent. Asian markets too were trading down in early trade.