The numbers: New claims for traditional unemployment benefits continued a slow and steady decline in late June, moving in the right direction, but at a slow pace showing that the labor market is still struggling to recover after the biggest wave of layoffs in the United States history. Initial jobless …
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NEW YORK, July 1 (Reuters) – Asian stocks were due to follow Wall Street gains on Thursday as investors cheered on signs that the world economy was emerging from hibernation due to coronavirus, although trade is likely already low that new concerns about Hong Kong keep investors cautious. Also adding …
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* MSCI ex-Japan goes up, all major Asian indices in black * Shanghai copper at 6-month highs for fear of supply * Investors focus on US employment data to be released later in the day * Coins tread water By Swati Pandey and Imani Moise. SYDNEY / NEW YORK, July …
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Hope for the COVID-19 vaccine and optimism ahead of employment data are boosting stocks as a long holiday weekend of July 4 awaits US investors. But as cities and businesses roll back reopens, some suggest caution with June payrolls (weekly jobless figures are coming, too). Christopher Dembik, head of macroeconomic …
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European stocks and US futures rose early on Thursday as investors anticipated encouraging job data and held on to hopes of a vaccine. Pan-European Stoxx 600 SXXP, + 1.09% It increased 1.3%, following strong gains in Asian markets overnight. The German DAX DAX, + 1.76% The French CAC PX1 rose …
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