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WASHINGTON: US job growth accelerated sharply in May and wages picked up, signs of strong momentum in the economy that bolster prospects for a Federal Reserve interest rate hike in September. Non-farm payrolls increased 280,000 last month, the largest gain since December, the Labour Department said.
SYDNEY: Asian shares inched up to seven-month highs on Monday as investors cheered a rebound in U.S. payrolls and hints of more stimulus in China, though there was some caution ahead of what is likely to be a tough U.S. earnings season
NEW YORK: Global stocks lost ground on Friday and the dollar softened for the first time in eight sessions after a disappointing U.S. payrolls report exacerbated concerns that the world economy was slowing.
NEW YORK: Panic selling on fears of an early exit of the U.S. Federal Reserve's stimulus efforts may be over, but the stock market may still face wild intraday swings as investors scramble to position themselves for Friday's payrolls report.
TOKYO: Key TOCOM rubber futures inched down on Tuesday as U.S. crude oil futures tumbled below US$99 a barrel, with investors looking to U.S. payrolls data for clues on the outlook for the world's biggest economy.
NEW YORK: The U.S. dollar index fell from a three-week high on Thursday as a weaker than expected U.S. payrolls report lowered chances of a U.S. interest rate hike come September, while Wall Street and world stock markets ended little changed after a volatile week.
SYDNEY: Asian stocks eased on Monday in sluggish trade as investors chose discretion over valour ahead of central bank meetings in Europe and the always-critical U.S. payrolls report.