Employment Statistics

Key events:

Key events: UK - BoE Interest Rate Decision (Nov) USA - Initial Jobless Claims On Wednesday, Wall Street's major stock indices closed on a high note, with the Nasdaq leading the gains with a 1.6% advance. This upswing followed the US Federal Reserve's decision to maintain unchanged interest rates. Comments from the Fed's top official boosted investor optimism, suggesting that further rate hikes may not be on the horizon, despite the central bank keeping the door open for potential future actions.

Key events:   China - Manufacturing PMI (Aug) Eurozone - CPI (YoY) (Aug) USA - Core PCE Price Index (YoY) (Jul)   USA - Core PCE Price Index (MoM) (Jul)   USA - Initial Jobless Claims On Wednesday, US stocks displayed resilience despite encountering weaker-than-expected economic data, with investor focus shifting towards the upcoming August job report set to be released on Friday.

Key events:  UK - GDP (MoM) (May) USA - Initial Jobless Claims USA - PPI (MoM) (Jun) The Dow Jones Industrial Average closed higher on Wednesday, despite giving up some of its gains. The positive finish was driven by a decline in Treasury yields and a boost in the tech sector following data that revealed the slowest increase in inflation in over two years. This development has sparked optimism that the anticipated rate hike later this month might be the last one.

Every month is full of news that is important to those who follow the financial markets. This is information about various economic indicators. As a rule, it comes from government agencies, industrial organizations, and scientific institutions. Most of this news is released according to a pre-determined schedule. Publicly available information gives an indication of the state of the national economy, such as the unemployment rate, inflation, and consumer spending.