Market Overview - Page 168

The COVID-19 pandemic has caused nearly 6.9 million deaths across the world, more than double the number officially recorded, a new analysis from the University of Washington’s Institute for Health Metrics and Evaluation (IHME) estimated. Deaths go unreported as most.

The governor of the Bank of England on Thursday warned inflation was likely to be “a bit bumpy” this year, but insisted there was little reason to panic over the medium term. His comments come shortly after the central bank.

There is a new sign of labour market strength in the USA with a fall in weekly jobless claims to 498K, the lowest number since March 2020. The fall accelerated markedly in April, and this is yet another reason for.

All eyes are on the British Pound today, which is affected by a whole set of diverse factors from the Bank of England meeting and the Scottish elections, to global demand for risk assets. Should all of these factors work.

Jobs in the U.S. solar industry fell nearly 7% last year due to work restrictions related to the coronavirus pandemic and large gains in labor efficiency, according to an industry report published on Thursday. The decline extends a volatile period.

U.S. stock index futures rose early Thursday, after the Dow closed at a record. Futures contracts tied to the Dow Jones Industrial Average gained 90 points. S&P 500 futures advanced 0.26%, while Nasdaq 100 futures rose 0.36%. During the session,.

Asia-Pacific stock markets traded mixed on Thursday as investors look ahead to the U.S. jobs report due later this week for clues about how long the Fed will stay on hold. Japanese markets returned to trade for the first time.

Stellantis NV warned the global semiconductor shortage will deteriorate further from the first three months of the year, when the crunch curbed planned output by 11%. The company formed from the merger between Fiat Chrysler and PSA Group said things.

The world risks “running out of copper” amid widening supply and demand deficits, according to Bank of America, and prices could hit $20,000 per metric ton by 2025. In a note Tuesday, Bank of America commodity strategist Michael Widmer highlighted.

India once again reported a record number of cases and fatalities on Thursday as it faces a devastating second wave of Covid-19 infections that has pushed its health-care system to the brink of collapse. Health ministry data showed there were.

The ADP report showed US private sector employment rising by 742K in April from 565K a month earlier (revised from 517K). Of the last 12 reports, nine were weaker than expected, but often Friday’s official report did not disappoint the.

Former Fed chief and current US Treasurer Yellen sparked a violent sell-off in equity markets, noting that an interest rate hike may be needed to prevent the economy from overheating as Biden’s stimulus plan came into play. A few hours.