News – Page 269 – NATURALDEPOSIT

US non-farm payrolls rise by 236,000 in March, unemployment rate falls to 3.5%

The US Department of Labor has reported that non-farm payrolls rose by 236,000 in March, marking the lowest level since December 2020 and falling below analysts’ expectations of 238,000 jobs. Despite this, the unemployment rate fell to 3.5%, down from the expected rate of 3.6%. The non-farm payroll report is the latest in a series …

US non-farm payrolls rise by 236,000 in March, unemployment rate falls to 3.5% Read More »

The People’s Bank of China increased gold reserves for the fifth consecutive month, holding a total of over 2,000 tonnes

News

China’s central bank, the People’s Bank of China (PBOC), has increased its gold reserves for the fifth month in a row in March. The PBOC reported an increase of 18 tonnes of gold in March, bringing the total gold holdings to approximately 2,068 tonnes, after an increase of around 102 tonnes in the previous four …

The People’s Bank of China increased gold reserves for the fifth consecutive month, holding a total of over 2,000 tonnes Read More »

The US IRS Plans to Add Nearly 30,000 Jobs in the Next Two Years

News

The Internal Revenue Service (IRS) is set to add almost 30,000 new jobs and adopt new technologies over the next two years as part of its efforts to improve tax enforcement and customer service. The agency has earmarked more than $80 billion in investments for this purpose. The IRS has announced that it will spend …

The US IRS Plans to Add Nearly 30,000 Jobs in the Next Two Years Read More »

FAO Reports Global Food Price Index Drops for 12th Consecutive Month, but Sugar and Meat Prices Continue to Rise

News

The Food and Agriculture Organization of the United Nations (FAO) has announced that global food prices in March fell for the 12th consecutive month, down 20.5% from last year’s record high. Despite the overall decrease, the prices of sugar and meat continued to soar. The global food price index for March averaged 126.9, down from …

FAO Reports Global Food Price Index Drops for 12th Consecutive Month, but Sugar and Meat Prices Continue to Rise Read More »

Sri Lanka’s foreign reserves soar to $2.69 billion as IMF, China intervene

News

Sri Lanka’s foreign exchange reserves experienced their highest increase in more than a year in March, thanks to $3 billion in aid from the International Monetary Fund (IMF) and a currency swap deal with the People’s Bank of China worth approximately $1.4 billion. According to the Central Bank of Sri Lanka’s website, foreign reserves rose …

Sri Lanka’s foreign reserves soar to $2.69 billion as IMF, China intervene Read More »

software engineer standing beside server racks

Global Economy Growth Forecast to Slow, US Non-Farm Payroll Data Awaited

Markets, News

On Thursday, April 6, the Dow Jones New York Stock Exchange closed slightly higher amidst recession concerns. Investors anxiously awaited the release of US non-farm payroll data. With markets closed on Good Friday, April 7, trading volumes were low at 9 billion shares, compared to the 20-day average of 12.7 billion shares. Other significant news …

Global Economy Growth Forecast to Slow, US Non-Farm Payroll Data Awaited Read More »

IMF fears China-US technology conflict affects investments, drags global GDP down 2%

News

The International Monetary Fund (IMF) has warned that political tensions around the world, particularly the technology conflict between the United States and China, will impact overseas investment and drag down the world’s gross domestic product (GDP) by up to 2% in the long term. In a report released on Wednesday (April 5), the IMF stated …

IMF fears China-US technology conflict affects investments, drags global GDP down 2% Read More »

India, Japan, and South Korea are expected to be the three countries hardest hit if the price of oil reaches $100/barrel

News

India, Japan, and South Korea are expected to be the three countries hardest hit if the price of oil reaches $100/barrel, according to analysts. This comes after the Petroleum Exporting Countries (OPEC) and OPEC Plus announced a new oil production cut. The move is expected to push Brent crude prices above $100/barrel by the end …

India, Japan, and South Korea are expected to be the three countries hardest hit if the price of oil reaches $100/barrel Read More »

person holding silver pen signing photographers signature

US Jobless Claims Drop Less Than Expected

News

The US Labor Department has reported that initial jobless claims dropped by 18,000 to a seasonally adjusted 228,000 last week. However, this figure was lower than analysts’ expectations of 200,000. The labor market in the US remains uncertain, as the government adjusts the new data computational model. Despite the drop in initial claims, the overall …

US Jobless Claims Drop Less Than Expected Read More »

Germany’s Industrial Production in February Increases More Than Expected

News

Germany’s Statistical Office released a report revealing that the country’s industrial production increased by 2.0% in February compared to the previous month. This figure exceeded analysts’ expectations of a 0.1% increase. In addition, the report showed that Germany’s industrial production rose by 0.6% in February when compared to the same period last year. The increase …

Germany’s Industrial Production in February Increases More Than Expected Read More »