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Monthly archive November, 2022

U.S. Job Growth Exceeds Estimates In October, Unemployment Rate Edges Higher

Employment in the U.S. increased by more than expected in the month of October, according to a closely watched report released by the Labor Department on Friday. The report showed non-farm payroll employment jumped by 261,000 jobs in October after Read More →

Pound Falls After BoE Sees Lower Peak In Interest Rates

The pound drifted lower against its major counterparts in the European session on Thursday, after the Bank of England raised its benchmark rate by 75 basis points, but indicated that the peak in rates would likely be lower than anticipated Read More →

Dollar Rebounds After Mild Setback Post Fed Rate Decision

The U.S. dollar slipped after the Federal Reserve announced its monetary policy on Wednesday, but regained lost ground and emerged above the flat line subsequently.Original Article Read More →

European Economics Preview: Germany Foreign Trade, Unemployment Data Due

Foreign trade, unemployment and final manufacturing Purchasing Managers' survey results from Germany are due on Wednesday, headlining a busy day for the European economic news. At 3.00 am ET, Destatis is scheduled to issue Germany's foreign trade and unemployment figures Read More →

UK Nationwide House Price Index Falls First Time Since Mid-2021

UK house prices fell for the first time in 15 months in October after the turmoil caused by the mini-budget announcement hurt the sentiment in the property market as rising borrowing cost worsen the stretched housing affordability, the Nationwide Building Read More →