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Gold Hits Three-Month Low Under $1,100/Oz on Strong Dollar

Nov 10, 2015

Spot gold was trading at three-month lows Monday morning, below $1,100/oz on COMEX for the first time since August on a strong US dollar, boosted Friday by strong US jobs data. Data showed Friday 271,000 new jobs were created in the US in ...

Tags: Gold, US economy

U.S. Jobs Data Caused The Dollar to Rise and Increased The Appeal of Stocks

Jan 10, 2014

Gold prices fell 0.7 percent or $8.56 Wednesday to?$1,223.40 an ounce?as U.S. jobs data caused the dollar to rise and increased the appeal of stocks, according to Reuters. The dollar hit a one-month high in the aftermath of a jobs report ...

Tags: Gold, Gold Price Down

Australian Dollar Continued to Fall After US Unemployment Insurance Benefits Fell

Aug 12, 2013

THE Australian dollar continued to fall after it was reported that claims for US unemployment insurance benefits last week fell to a five-year low. At 6.30am AEST the local unit was trading at 89.29 US cents, down from 89.58 cents at ...

Tags: economy

US Stocks Rose as Investors Weighed Jobs Data Against Political Turmoil

Jul 5, 2013

US stocks rose as investors weighed better-than-expected jobs data against political turmoil in Portugal ahead of a key jobs report due Friday. The Dow Jones Industrial Average rose 56.14 points, or 0.4 per cent, to 14,988.55, in a quiet ...

Tags: Jobs Data, data, jobs

Stockmarket Extended Weekly Losses to 3.8 Per Cent as Materials Dragged The Benchmark

Jun 8, 2013

THE stockmarket extended weekly losses to 3.8 per cent as materials dragged the benchmark to a fresh low since January, with investors sitting on their hands ahead of crucial US jobs data that could heighten calls for an early tapering of ...

Tags: Service

Sharemarket Has Closed Flat, Held Back by Weakness Among The Major Banks

May 10, 2013

THE sharemarket has closed flat, held back by weakness among the major banks and expectations of a pause on interest rate cuts following the release of encouraging jobs figures. The benchmark S&P/ASX200 index was down 1.4 points, or 0.03 ...

Tags: economy

Sharemarket Consolidated as Plays Reacted Negatively to Reduced Interest Rate Cuts

May 10, 2013

The sharemarket consolidated yesterday as high-yield plays reacted negatively to reduced hopes of further interest rate cuts following the release of stronger-than-expected domestic jobs statistics. Meanwhile, profit-taking pushed ...

Tags: Rates Forecast, economy

Sharemarket Has Opened More Than 1 Per Cent Higher

May 7, 2013

The sharemarket has opened more than1 per cent higher after strong US jobs numbers pushed American stocks to a record high and helped miners outperform the market. At 10.30am AEST the benchmark S&P/ASX200 index was up 54.5 points, or 1.06 ...

Tags: US Jobs Data, Service

Local Shares Closed Higher as Investors Took Profits Ahead of an Interest Rate Decision

May 7, 2013

Local shares closed higher yesterday, even after paring a sharp rise early on in the session, as investors took profits ahead of an interest rate decision due from the Reserve Bank of Australia today. The stockmarket was buoyed by growing ...

Tags: Local shares, US Jobs Growth

Dollar Is Still Higher After Getting a Boost From Better Us Employment Figures

May 7, 2013

The dollar is still higher after getting a boost from better US employment figures, increasing optimism about the America's economic recovery. At 5pm AEST, the local unit was trading at $US1.0272, up from $US1.0254 on Friday. The Aussie ...

Tags: US Unemployment Rate, Service

Australian Dollar Pushed Above 103 US Cents on News of Improvements in The US Jobs Market

May 7, 2013

The Australian dollar has pushed above 103 US cents on news of improvements in the US jobs market. At 6.30am AEST the currency was trading at 103.15 US cents, up half a cent from 102.54 US cents on Friday afternoon. The Australian ...

Tags: Australian Dollar, US Jobs Data

Australian Dollar Climbed After Claims for US Unemployment Benefits Fell to Their Lowest

Apr 27, 2013

THE Australian dollar climbed after claims for US unemployment benefits last week fell to their lowest level since mid-March. At 6.30am AEST the local unit was trading at 102.91 US cents, up from 102.46 cents on Wednesday. Local markets ...

Tags: Australian Dollar

Dollar Hit a Fresh 10-Week High Following Gains on US Sharemarkets

Apr 12, 2013

THE dollar hit a fresh 10-week high following gains on US sharemarkets, but lost some ground after disappointing jobs figures. At 5pm AEST, the currency was trading at $US1.0521, up US0.12c. It had earlier climbed to $US1.0551, its ...

Tags: economy

Australian Dollar Was Lower After Worldwide Confidence Was Dented

Apr 9, 2013

The Australian dollar was lower yesterday after worldwide confidence was dented by news on Friday of weaker than expected employment growth in the US last month. At 5pm, the dollar was buying $US1.0379, down US0.36c. The US jobs report ...

Tags: Aussie Dollar, Dollar

S&P/ASX200 Has Fallen 0.3 Per Cent to 4899.6 After Hitting Two-Month Low

Apr 5, 2013

The S&P/ASX200 has fallen 0.3 per cent to 4899.6 after hitting a fresh two-month low of 4893.8 in mixed trading before tonight's US jobs data. Materials and industrials stocks have recovered at the expense of defensive and high-yield ...

Tags: Local Stocks, Service, economy

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