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Stocks climb, shaking off U.S. jobs data, thanks to China trade relief

World shares rose on Thursday after Chinese exports proved far stronger than expected, while the U.S. dollar climbed to two-week highs on its safe-haven status after another report showed millions more Americans took unemployment aid......»»

Category: topSource: reutersMay 7th, 2020

Coca-Cola, Schlumberger Earnings Help Boost Investor Morale Despite China Data

Data from China showed the world’s largest economy grew at the slowest pace in nearly three decades, and the weaker-than-expected print threatened to take the fizz out of stocks. But U.S. shares seem to be holding up well as a strong s.....»»

Category: earningsSource: benzingaOct 18th, 2019

Oil jumps amid optimism over US trade talks with China

Oil hit session highs after a U.S. government report showed a bigger crude stockpile draw than expected, adding to optimism over China and the U.S. resuming trade talks......»»

Category: topSource: moneycentralSep 5th, 2019

Oil jumps amid optimism over US trade talks with China

Oil hit session highs after a U.S. government report showed a bigger crude stockpile draw than expected, adding to optimism over China and the U.S. resuming trade talks......»»

Category: topSource: moneycentralSep 5th, 2019

Bond Report: 2-year Treasury yield falls to 4 week-low on soft inflation reading

Treasury yields fell sharply Friday, extending a weekly skid, after the initial snapshot of first-quarter GDP showed the U.S. economy grew at a faster-than-expected clip......»»

Category: topSource: marketwatchApr 26th, 2019

Currencies: U.S. dollar weakens after GDP tops expectations

An index that tracks the U.S. dollar turned lower on Friday, even after gross domestic product data showed the U.S. economy grew at an annualized rate of 3.2%, much faster than expected......»»

Category: topSource: marketwatchApr 26th, 2019

Currencies: U.S. dollar fails to hold gains after GDP tops expectations

An index that tracks the U.S. dollar turned lower on Friday, even after gross domestic product data showed the U.S. economy grew at an annualized rate of 3.2%, much faster than expected......»»

Category: topSource: marketwatchApr 26th, 2019

China first-quarter GDP grows 6.8 percent year-on-year, slightly more than expected

BEIJING (Reuters) - China's economy grew 6.8 percent in the first quarter of 2018 from a year earlier, official data showed on Tuesday, slightly above expectations and unchanged from the previous quarter......»»

Category: topSource: reutersApr 16th, 2018

Dollar falls after U.S. nonfarm payrolls report, tariffs kick in

The dollar hit three-week lows on Friday after data showed the U.S. economy created more jobs than expected in June, but a closely-watched inflation gauge - wage growth - rose less than forecast and the unemployment rate increased......»»

Category: topSource: reutersJul 6th, 2018

Currencies: Dollar remains lower after jobs report, hovers vs. yuan as China tariffs kick in

The dollar index holds lower early Friday, with most major rivals strengthening against the buck, after June data showed a stronger-than-expected rise in nonfarm payrolls as investors monitored the escalation of the U.S.-China trade skirmish......»»

Category: topSource: marketwatchJul 6th, 2018

China third quarter GDP growth slows to 6.5 percent year-on-year, missing forecast

China's economy grew at a slower than expected pace of 6.5 percent in the third quarter from a year earlier, marking the weakest rate since the global financial crisis, official data showed on Friday......»»

Category: topSource: reutersOct 18th, 2018

Sparkling Australian wine exports lose their fizz as Chinese economy slows

Australian wine shipments to China grew at their slowest pace in four years in 2018, industry data showed on Tuesday, in another indication that Sino-U.S. trade tensions were dragging on consumer spending in the world's second-largest economy......»»

Category: topSource: reutersJan 21st, 2019

Bond Report: Treasury yields climb after GDP read comes in better than expected

U.S. Treasury prices retreat, nudging yields higher, on Thursday after a reading of gross domestic product for the fourth quarter showed that the economy in 2018 grew at its fastest clip since 2015......»»

Category: topSource: marketwatchFeb 28th, 2019

Explainer: Why 14.7% unemployment rate doesn"t capture the true state of the coronavirus economy

The U.S. economy shed 20.5 million jobs in April, and the unemployment rate rose to 14.7%, a government report Friday showed......»»

Category: topSource: reutersMay 8th, 2020

World stocks climb on China trade relief, while U.S. jobs data dents dollar

World shares rose on Thursday after China's exports came in far stronger than expected, suggesting an economic recovery was under way, but the dollar fell from two-week highs as U.S. data showed millions more Americans joined the ranks of the unemployed......»»

Category: topSource: reutersMay 7th, 2020

Oil rallies on hopes economy will reopen soon

Oil prices jumped more than 30% on Wednesday after a report showed a smaller-than-expected build in U.S. inventories, as well as on the hope that economies will reopen sooner than expected......»»

Category: topSource: moneycentralApr 29th, 2020

These 7 charts show how brutal the March jobs report was, and signal further economic pain ahead

REUTERS/Rick Wilking The March jobs report surprised economists as it showed that the US economy lost 701,000 jobs last month compared to the 100,000 expected.  The report also didn't include the last two we.....»»

Category: worldSource: nytApr 4th, 2020

Market Snapshot: Stock futures slip as March jobs data shows economy took a hit earlier than expected

Stock-index futures point to a lower start for U.S. markets as investors weighed a March employment report that showed far steeper job losses than expected......»»

Category: topSource: marketwatchApr 3rd, 2020

As China’s Manufacturing PMI Hits Record Lows, Coronavirus-Linked Recession Concerns Rising

China released its Purchasing Managers Index (PMI) for February and what was expected to be a very bad report showed an even worse reading......»»

Category: blogSource: 247wallstFeb 29th, 2020

Stocks fall on fears China virus to slow growth, gold gains

Global equity markets and government debt yields slumped on Friday as growing concerns about the impact of the coronavirus on global growth overshadowed a strong U.S. jobs report that indicated an economy on pace to grow moderately......»»

Category: topSource: reutersFeb 7th, 2020