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January Non-Farm Payroll Eve: Strong Data Spurs Possible Delay In Fed Rate Cut

2024-01-31 | Economic Data ,Federal Reserve ,Interest Rates ,Non-Farm Payroll

As we step into 2024, global economic events are unfolding.

This week marks the release of interest rate decisions by the U.S. and U.K. central banks, followed by the eagerly awaited non-farm payrolls report in January!

Doo Prime invites you to stay tuned as we closely follow these developments, particularly the latest non-farm payroll data. The uncertainty surrounding March’s interest rate cut stems from mixed U.S. economic data observed last week.

As we approach the non-farm payroll release, let’s analyze global economic trends together to make informed investment decisions!

January Non-Farm Payroll Eve: Strong Data Spurs Possible Delay In Fed Rate Cut

Current Affairs

2024-12-30 | Current Affairs

Asian Shares Slip Amid High Treasury Yields and Strong U.S. Dollar

TODAY’S NEWS Asian stock markets dipped slightly on Monday as high Treasury yields pressured high equity valuations on Wall Street while boosting the U.S. dollar to near multi-month highs. Market activity was subdued ahead of the New Year holiday and a light economic calendar for the week. Key upcoming data include China’s PMI factory surveys […]

2024-12-24 | Current Affairs

Asia Markets Surge on Easing US Inflation Concerns

TODAY’S NEWS Asian shares surged on Monday thanks to a benign reading on U.S. inflation that restored hopes for potential policy easing next year. There was also relief that Washington managed to avoid a government shutdown. With last week’s central bank decisions behind, the current week is much quieter with only the minutes of a few of those […]

2024-12-20 | Current Affairs

Senators Urge Biden to Delay ByteDance’s TikTok Sale Deadline

Two U.S. senators, Democrat Ed Markey and Republican Rand Paul, are calling on President Joe Biden to grant ByteDance a 90-day extension on the January 19 deadline for selling TikTok’s U.S. operations or facing a nationwide ban. The senators emphasized that the legal uncertainties surrounding the case and its potential impact on free speech warrant more time.