Read More

Asia Closes Higher, Europe Trades Higher Along With Crude and Gold – Global Markets Today While US Was Sleeping

On Thursday, August 31, the U.S. markets ended mixed as investors reflected on a blend of economic indicators that were released. U.S. initial jobless claims dropped by 4,000 to 228,000 in the week ending August 26, beating market estimates of 235,000. Core PCE prices in the U.S. rose 0.2% month-over-month in July.

EEMA

Read More

Asia and Europe Trade Mixed, Crude Oil Up – Global Markets Today While US Was Sleeping

On Wednesday, August 30, the U.S. markets closed in green. The new economic data suggests a slowdown in the U.S. economy. The Economic data indicated that the U.S. economy grew at an annualized rate of 2.1% in Q2 2023, lower than the initial 2.4% estimate and the 2.0% growth in Q1. 

EEMA