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Gold Rises on Middle East Ceasefire Hopes
Gold climbed above $4,500 per ounce on Thursday as growing optimism over a Middle East resolution weakened the dollar and eased oil prices, tempering concerns about inflation and further interest...
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Treasury Yields Edge Down as Oil Prices Fall
The yield on the US 10-year Treasury note declined about 4 bps to 4.46% on Thursday, nearly erasing the 6 bps increase seen in the previous session. Treasuries found support...
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Pound Nears $1.35 on Middle East Ceasefire Hopes
The British pound strengthened toward $1.35, supported by optimism over a potential ceasefire in the Middle East. An agreement between Israel and Lebanon to suspend hostilities lifted hopes...
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US Labor Costs Rise Less Than Initially Thought
Unit labor costs in the US nonfarm business sector increased by 1.8% in Q1 2026, easing from a downwardly revised 2.1% gain in Q4 2025 and coming in below...
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US Productivity Revised Lower in Q1
US nonfarm business sector labor productivity rose 0.3% in Q1 2026, down from the preliminary estimate of 0.8% and below the 1.6% gain recorded in the previous quarter. This marks...
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US Initial Jobless Claims Rise to 3-Month High
The number of Americans filing for unemployment benefits rose by 13,000 to 225,000 in the final week of May, exceeding market expectations of 212,000. This marked the highest level...
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U.S. Jobless Claims 4-Week Average Edges Higher to 214.75K
The four-week average of U.S. jobless claims has risen to 214.75K, up from the previous level of 209.00K, according to data updated on 4 June 2026. The increase...
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U.S. Continuing Jobless Claims Edge Lower, Hinting at Steady Labor Market Resilience
Continuing jobless claims in the United States slipped to 1.777 million, down slightly from the previous reading of 1.786 million, according to data updated on 4 June 2026. The modest...
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US Unit Labor Cost Growth Cools to 1.8% in Q1, Down from 2.3%
Unit labor cost growth in the United States eased in the first quarter, with the indicator rising 1.8% quarter-over-quarter, down from a 2.3% increase recorded in the previous quarter...
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U.S. Initial Jobless Claims Edge Higher to 225K, Signaling Slight Softening in Labor Market
Initial jobless claims in the United States have risen to 225,000, up from the previous reading of 215,000, according to data updated on 4 June 2026. The increase points...