Decline in Unemployment Benefits Applications in South Korea: March 2024 Data Released
International news 11:46 am 2024-04-08 South Korea’s Ministry of Employment and Labor released data today (April 8) that the number of people applying for unemployment benefits in South Korea in March fell. This is due to a reduction in demand in the education services, manufacturing, and wholesale and retail trade sectors. The information indicates that […]
Gold Prices Pause as Investors Await Fed Signal on Interest Rate Cut
Gold prices took a breather on Thursday (4th) as investors awaited a clearer signal from the Federal Reserve (Fed) on the timing of an interest rate cut, hitting a record high of over $2,300 an ounce before falling back. Gold futures fell 0.2% to $2,311 an ounce. Spot gold hit a record high of $2,304.09 […]
Baht Continues to Depreciate, Opening at Weakest Level in 3 Months
A money manager from the Bank of Ayudhya revealed that the baht opened the market this morning at 35.89 baht/dollar, continuing to depreciate. This is because the market closed last night at 35.82 baht/dollar after the dollar strengthened as bond yields rose. Due to factors Supported by weekly unemployment claims in the United States. Last […]
Baht Opens Strong Against Dollar Following US Unemployment Data
A money manager from the Bank of Ayudhya revealed that the baht opened the market this morning at 35.28 baht / dollar, strengthening from The market closed last night at 35.45 baht / dollar, moving in line with the direction of the world market. This is because the dollar has weakened against all major currencies […]
The Baht Strengthens Against the Dollar – Expert Analysis and Predictions
A money manager from the Bank of Ayudhya revealed that the baht opened the market this morning at 35.28 baht / dollar, strengthening from The market closed last night at 35.45 baht / dollar, moving in line with the direction of the world market. This is because the dollar has weakened against all major currencies […]
US Stock Indexes React to Strong Jobs Market Data and Raised Concerns for Interest Rate Cuts
Major US stock indexes opened mixed on Thursday (4th) after the latest data released by the US showed the jobs market remained resilient, cooling market expectations for an interest rate cut early by the Federal Reserve (Fed). Before the deadline, the Dow Jones Industrial Average rose more than 90 points or almost 0.3%, the Nasdaq […]
US Stock Market Expected to Soar on Interest Rate Optimism and AI Boom in 2023
On the penultimate trading day of 2023, major indexes opened higher on Thursday (28th), while the S&P 500 index hovered near an all-time high on expectations that the US Federal Reserve (Fed) will cut interest rates early next year. As of press time, the Dow Jones Industrial Average rose nearly 40 points or nearly 0.1%, […]
Dovish Fed Signals Three Rate Cuts in 2020, Boosting US Stocks
The main US stock indexes opened higher on Thursday (14th), a day after the US Federal Reserve (Fed) indicated it would end its recent aggressive interest rate hikes and hinted at at least three interest rate cut next year. As of press time, the Dow Jones Industrial Average rose nearly 40 points or nearly 0.1%, […]
US Unemployment Benefits Drop in Latest Report Amidst Signs of Labor Market Slowdown
Latest US Labor Department Data Shows Lower Than Expected Unemployment Benefit Claims The most recent data released by the US Labor Department on Thursday, December 7, revealed that the number of individuals continuing to receive unemployment benefits was much lower than anticipated. This marks the biggest drop in a month since July and came in […]
US Inflation Data Spurs Hope of Peaked Interest Rates; Dow Jones Up, Nasdaq Down
US Inflation Data Supports Hopes That Interest Rates Have Peaked The latest major inflation data released in the US has provided support for investors’ hopes that interest rates have peaked. As a result, major US stock indexes saw mixed results on Thursday, with the Dow Jones Industrial Average, the Nasdaq Composite Index, and the S&P […]
