5 April 2023
The release of job openings data dropped to 9.931 million, below the forecast of 10.4 million; indicating a cooling labor market, while Factory Orders (Feb.) also fell 0.7%, lower than the -0.5% forecast.
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4 April 2023
The dollar stumbled on Monday, surrendering earlier gains following unexpected oil output cuts from OPEC+, as data showed the U.S. economy continued to slow with declines in manufacturing and construction spending.
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3 April 2023
This week begins the 2nd quarter of 2023. Besides Indonesia's Inflation figures (Mar.), important US economic data will be awaited, including the monthly labor report, Nonfarm Payroll (Mar.) which is expected to be released on Friday with a forecast of 238k versus 311k in Feb.last month.
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31 March 2023
US stock indexes closed higher on Thursday (30/03/23) as the rise in Treasury bond yields subsided after the release of Initial Jobless Claims data came in higher than expected at 198,000 (also higher than 191,000 in the previous week).
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30 March 2023
Global stock exchanges surged on Wednesday (29/03/23) as markets took heart from greater stability in the banking sector, but most Treasury yields edged higher as uncertainty lingered and bond investors gauged the impact of rising interest rates.
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