Non-Farm Employment lower than forecasted

Source: Dukascopy Bank SA
AT 12:15 GMT, Automatic Data Processing, Inc. reported monthly changes in employment, excluding farming industry. Forecasted number was 144 thousand, actual number came in lower-at 99 thousand.
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Thu, 05 Sep 2024 14:21:10 GMT

Service PMI data is as forecasted

The ISM has published the Service PMI survey. Results were expected to show a reading of 51.3, but the actual number is slightly higher- 51.5. Dollar has a strong move to the upside, and signalling confidence in US economy.

Mon, 09 Sep 2024 21:30:05 GMT

Intel suffers setback

Reuters has revealed to the world that Broadcom has done a test at Intel facilities which has resulted in a failure of the testing of silicon wafers. In general, Intel can not move to high-volume production as previously expected.

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