ADP releases US employment change data

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The Automatic Data Processing or ADP has released its National Employment Report. The markets expected the report to show an increase of US employment by 194,000. The actual published number is 177,000. The lower than expected number has boosted the US Dollar's decline. During just the first minute after the publication, the Dollar index lost 11 points or 0.11%.
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Thu, 31 Aug 2023 12:32:23 GMT

United States publish PCE Price Index and Unemployment Claims

The US Bureau of Economic Analysis has released the PCE Price Index data and the Department of Labor has published the weekly Unemployment Claims. In theory, the financial markets were set to react to the publications. Although, market reaction was muted.

Thu, 31 Aug 2023 14:30:04 GMT

Walmart cuts salaries

Reuters has reported that Walmart has asked nearly 16,000 pharmacists in the United States to take pay cuts via a total labour hour reduction.

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