US Challenger report on job cut announcements for February was released today at 12:30 pm GMT. Report showed job cuts at 84,638 thousand for the previous month, more than 82,307 announced for January. Job cuts in February 2024 were also 8.8% higher than a year ago. However, the market completely ignored the release with USD or US equity index futures barely moving.
EURUSD continues to trade a touch below 1.09 mark following release of US Challenger report for February. Source: xStation5
The situation on Wall Street is improving despite a negative start. The US500 is reaching new historic highs, gaining 0.3%. The US100 is gaining 0.6%,...
17:47Microsoft has announced another round of layoffs, affecting approximately 9,000 employees, nearly 4% of its global workforce. This marks the second wave...
15:32United States - EIA Data: EIA Weekly Distillates Stocks: Actual: 3.845M. forecast -1.650M; previous -4.066M; Gasoline Inventories: Actual:...
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