US employment data stuns financial markets

Source: Dukascopy Bank SA
The US Bureau of Labor Statistics has published the monthly employment data. Released data has shown a major increase in unemployment. The US Dollar index is reacting to the news by sharply declining below the 104.00 mark.
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Fri, 02 Aug 2024 13:18:28 GMT

Amazon price drops due to sales slowdown

The online retailer Amazon reported its quarterly financial results after Thursday's trading hours. In general, the firm has reported a slow-down in growth of sales, which disappointed investors and caused a stock decline. The stock price of Amazon declined almost 8.00% during the Frankfurt trading session.

Thu, 08 Aug 2024 09:30:04 GMT

Hugo Boss focuses on costs

The fashion brand Hugo Boss announced that, due to a 42% drop in quarterly operating profits, the firm would concentrate on cost reductions in an effort to increase profitability.

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