News
Hawkish Fed tone curtails risk appetite, pressuring Ethereum valuation
2+ hour, 38+ min ago (299+ words) Ethereum fell 2. 8% to $1, 744 as the Federal Reserve's hawkish tone, higher interest rate expectations, and limited forward guidance reduced demand for risk-on assets. Updated economic projections signalling tighter monetary policy through 2026 added further downward pressure on the cryptocurrency. Ethereum fell 2. 8% to…...
Learn what Non-Farm Payrolls mean for markets
7+ hour, 52+ min ago (1200+ words) Equiti Securities Currencies Brokers LLC is licensed by CMA. Non-Farm Payrolls are a key measure of US job creation outside the agricultural sector. The report can influence market expectations by highlighting labour-market strength, demand conditions and inflation pressure. By Ahmed…...
US nonfarm payrolls slow, while unemployment falls
1+ day, 2+ min ago (293+ words) Equiti Securities Currencies Brokers LLC is licensed by CMA. US payroll growth slowed sharply in June, signalling weaker hiring despite a lower unemployment rate. Markets pared near-term Fed hike expectations, weighing on the dollar while yields stayed firm. US equities…...
Ethereum Strengthens as expectations of a restrictive Federal Reserve ease
1+ day, 56+ min ago (328+ words) Ethereum rose 5. 46% to $1, 696 as weaker US payrolls and easing inflation-risk commentary reduced expectations of near-term Federal Reserve tightening. Markets shifted rate-hike expectations from September to October, improving appetite for crypto assets. Ethereum rebounded 5. 46% to $1, 696 as softer US labour data reduced…...
US nonfarm payrolls slow, while unemployment falls; Eurozone remains steady
1+ day, 4+ hour ago (499+ words) US payroll growth slowed sharply in June, signalling weaker hiring despite a lower unemployment rate. Markets pared near-term Fed hike expectations, weighing on the dollar while yields stayed firm. US equities diverged as tech sold off, while Eurozone unemployment remained…...
US ADP employment and ISM manufacturing PMI decline; Japan confidence improves
2+ day, 58+ min ago (254+ words) ADP private hiring slowed to 98, 000 in June, below the 113, 000 forecast, signalling possible labour-market easing. ISM manufacturing PMI fell to 53. 3 from 54. 0, showing softer momentum while still remaining above the 50-point expansion threshold. US stocks slipped after the data, led by the…...
Eurozone inflation slows more than expected; Euro weakens
2+ day, 1+ hour ago (360+ words) Eurozone inflation slowed more than expected in June, easing pressure on the ECB as both headline and core readings declined, although inflation remains above target. The euro weakened against the dollar as softer data contrasted with expectations of further Federal…...
What Non-Farm Payrolls mean for the economy and markets
2+ day, 7+ hour ago (1284+ words) Non-Farm Payrolls show how many jobs the U. S. economy added or lost in a month outside the farm sector, making the report one of the clearest signals of labor-market strength, consumer demand, inflation pressure and potential Federal Reserve policy moves. By…...
UK GDP expands by 0. 6% in final revision; GBP/USD maintains upward trend
3+ day, 2+ hour ago (402+ words) UK GDP expanded by 0. 6% in the final first-quarter revision, matching expectations and marking the strongest quarterly growth since Q1 2025. Services, production, and construction supported the economy's resilience. UK Q1 GDP was confirmed at 0. 6%, matching expectations and marking the strongest quarterly growth since…...
Chinese manufacturing PMI improves; US JOLTS job openings strengthen
3+ day, 4+ hour ago (364+ words) China's manufacturing PMI rose to 50. 3 in June, beating forecasts and remaining above the 50-point expansion threshold. Growth was supported by AI-linked external demand, stronger production, new orders, and foreign orders, despite weaker employment. US JOLTS job openings increased to 7. 59 million,…...