Dollar tanks on United States jobs data but stocks scale new peaks
03 June, 2017, 02:06 | Author: Abraham Jackson
The government cut its estimate of new jobs created in April to 174,000 from 211,000.
The latest figures also showed wage growth stuck at a relatively sluggish 2.5% though, more positively, the unemployment rate fell to a 16-year low of 4.3%.
"We suspect it will take a significant deviation from consensus in earnings - confirmed in subsequent releases - to give the dollar any sustained momentum", analysts from Credit Agricole said in a morning note to clients. Consequently, oil prices fell today.
Those gains filtered through to global stocks, lifting the MSCI All-Country World index 0.4 percent to a record high and on track to post a seventh straight week of gains, the longest such run since 2010.
Financial stocks in Britain lifted the FTSE 100 .FTSE index of top United Kingdom blue chips to all-time peaks while Germany's DAX .GDAXI index also set new highs.
On Wall Street, the three major US indices set intraday highs.
The greenback fell to seven-month troughs against euro and Swiss franc, while sliding from a one-week high versus the yen.
Portland suspect shouts 'free speech or die' in court
Last Friday, Christian allegedly stabbed two men to death and injured another man badly aboard a Portland metro train. A heart-shaped wreath covered with positive messages hung on a traffic light pole at a memorial for the two men .
Angels star Trout to have surgery for torn thumb ligament
Correa is batting.311 with eight home runs, the last of which made him the fourth-fastest shortstop to reach 50 career home runs. After scoring just six runs in their three previous games combined, the six-run third inning the Braves enjoyed looked massive.
No, really, "the Palestinians are ready to reach for peace"
But there was little public evidence of prodding by Trump or his aides of either side to make more substantial concessions. TAMARA KEITH, BYLINE: President Trump motorcaded to Bethlehem to meet with Palestinian Authority President Mahmoud Abbas .
"This report, combined with other factors, including declines in auto sales, raises questions about the recent hawkish tone of Fed officials, who have hinted at potentially more rate hikes and a start of the process of balance-sheet shrinking this year", Duncan said. He noted, however, that the Fed's plan to push rates higher repeatedly later this year now looks far from certain. The dollar was down 0.9% against the yen at the time of writing, and yields on 10-year treasury notes touched their lowest level since November, as investors sought haven assets.
In late trading, the U.S. dollar index fell to a seven-month low and was last down 0.5 per cent at 96.725.
Meanwhile, the other main news of the day was President Donald Trump's decision to withdraw the United States from the Paris Climate Accord, which could result in a rise in oil production. Brent crude oil, the global benchmark, is down by 2.2% at $49.52 per barrel. U.S. West Texas Intermediate crude futures fell 52 cents to $47.84 per barrel.
Long-dated U.S. Treasury yields fell to almost seven-month lows while short-dated yields touched their lowest in more than two weeks after the U.S. employment data suggested a cautious Fed policy beyond June.
IHS Markit's Manufacturing Purchasing Managers' Index for the euro zone rose to 57.0 in May, up from April's 56.7 and its highest level since April 2011.
USA 10-year Treasuries rose 14/32 in price to push their yields down to 2.1678 percent.
It's the paradox of tennis . "I think I played a good match, I think I played a solid match, hitting very well with the forehand". The 20-year-old Canadian qualifier's cause was not helped by 30 unforced errors during the match that lasted only 52 minutes.
Prime Minister Malcolm Turnbull has commented on calls to change the name of Margaret Court Arena saying it should stay as it is. Murray is a member of the ATP's 12-man Player Council and is there to represent the views and opinions of the world's top 50.
Mainieri made the decision to put the tying run on second base because Spanberger "is in scoring position standing at home plate". Eric Walker got the start and went 7.2 innings, allowing five hits, one earned run, had eight strikeouts and just one walk.
But Trump didn't seem all that committed to opening up a new round of talks, saying of getting a deal, "if we can, that's great". Withdrawing would leave the United States aligned only with Russian Federation among the world's industrialized economies.
That picture offers the starkest of contrasts with a spectacular 2016 that also brought her major wins in the Australian and U.S. Germany's Angelique Kerber reacts during her first-round loss against Russia's Ekaterina Makarova at the French Open on Sunday.
They now have a GBP 3270.00p price target on the stock. (NYSE:CRI) earned "Underperform" rating by CLSA on Thursday, September 29. The Company's Life business segment offers pensions, protection and investment products through its life assurance subsidiaries.
Sonic , Tails and Knuckles will all be playable in the game, and each one of them comes with their own unique abilities. Sonic Mania is developed by Christian Whitehead, Headcannon, and PagodaWest Games in collaboration with Sonic Team.
Click on the link and enter your details (roll number, d.o.b. etc) and enter, your results/marks will be displayed on screen. Gujarat Secondary and Higher Secondary Education Board is an autonomous board under Education Department.
It's sold 85 million units in its 10 years of life, although it couldn't match the success of its predecessor, the PS2. This might suggest that Sony is putting more of a focus on playable demos and online coverage than Microsoft .
While in Italy, he also visited the Roma Soccer Club Stadium and will meet Italy's prime minister and president. Trudeau gave the Pope a Montagnais-French dictionary and a set of books from Canada's National Jesuit Library.
Greenpeace regretted the outcome but held out hope that Trump might change tack. The United States is the world's biggest carbon emitter after China.
Cavs the champs but Warriors the favorites in the NBA Finals
The Warriors were 16 games better than the Cavaliers were in the regular season and have yet to lose a game in the playoffs. Golden State will try to keep him in check with Draymond Green , one of the league's best and most versatile defenders.
5 dead, 44 injured in Chicago shootings over holiday weekend
He was on the sidewalk in the 4200 block of West Addison Street when he heard shots and realized he was hit in the lower abdomen. That signaled the start of a particularly bloody summer in one of the most violent years Chicago had seen in decades, .
National Spelling Bee becoming easier to predict
The library has displayed Una's spelling bee trophies, plaques and certificates in a glass case in its children's department. Also, three of the nine kids who've won the South Asian Spelling Bee have gone on to win the Scripps bee.
Angela Merkel says Europe 'must take fate into its own hands'
Merkel, addressing a election campaign at a beer tent in Germany's southern state of Bavaria, said following the election of U.S. Trump also went against the grain at the G7 as the only leader not to endorse more efforts against climate change.
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Talk to your friends, parents, talk to me.You can message me on any social networking platform. "May you always shine bright". Students those have come across the CBSE 10 class examinations can download their results probably in this week.
Twitter reacts to Cavaliers pulling away from Celtics in Game 5
We see liberalized shot attempts, resulting in a bunch of Celtic players coming together in an attempt to fill the scoring gap. Deron Williams, who had been quiet for most of the series, also got in on the act with a series-best 14 points for Cleveland .