Nonfarm payrolls rose by 165k in October, following a gain of 60k in September. This morning’s print came in well above consensus which called for a gain of 65k. The prior two months were revised higher by a total of 84k. Over the last three months, payrolls have averaged 137k. Private sector hiring accounted for […]
The post US: Hiring Picks up in October, Strengthening the Case for More Fed Hikes appeared first on ActionForex.
Post-midterm election euphoria fizzles out as risk aversion prevails. US CPI, PPI and Fedspeak on the radar as Fed hike bets remain supported. Oil retreat pauses on mixed hopes about the ongoing conflicts. Treasury bond Read more…
Markets European equity markets still had to catch up with Wall Street’s violent sell-off yesterday, resulting in a 1.6% daily decline. The tech-heavy Nasdaq, however, aims to recover about 1% from yesterday’s largest single-day drop Read more…
Mark Cuban is a billionaire today, but when he was 24, he moved into an apartment with five roommates to keep his housing costs down. The entrepreneur revisited that experience in a Nov. 1 post Read more…