July JOLTs job openings dip to 7.271M, missing 7.300M forecast
JOLTs job openings for July were 7.271 million, slightly below the 7.300 million estimate, with little change in hires and quits.
JOLTs job openings for July were 7.271 million, slightly below the 7.300 million estimate, with little change in hires and quits.
The S&P Global US manufacturing PMI for August was finalized at 53.9, above the preliminary 53.2 estimate, with slower output growth but rising confidence.
ECB's Nagel said the global economy remains on a growth trajectory despite Middle East tensions and welcomed coordinated JPY intervention.
Fed's Barr warns persistent inflation above target could lead to a rate hike if it doesn't moderate soon.
The US dollar strengthens against all major currencies as Treasury yields rise, with the euro zone core inflation easing and markets eyeing a September rate…
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Eurozone inflation matched expectations at 3.3%, while oil and yield gains triggered risk-off moves in risk assets.
Bitcoin fell after Fed Chair Warsh's hawkish speech at Jackson Hole. Traders now watch for a breakout of the 77K-80K range.
Eurozone annual inflation rose to 3.3% in August, driven by energy prices, while core inflation eased to 2.4%.
Eurozone August CPI meets forecast at 3.3% y/y; core inflation eases more than expected to 2.4%. Energy costs jump 14.3%.
Eurozone final manufacturing PMI came in at 52.7 in August, with Germany posting its strongest growth in over four years. Inflation pressures eased further.
Germany's final August manufacturing PMI came in at 54.3, above the preliminary 54.1 and prior 52.2.
France's final manufacturing PMI for August came in at 51.1, below the flash estimate but above July's 49.8, indicating a mild rebound in activity.
Italy's manufacturing PMI fell to 49.6 in August, below the 51.3 expected and the prior reading.
Gold dropped 5.5% from a three-month high, but Goldman Sachs still forecasts 10% upside to $4,900 by year-end.