EghtesadOnline: Most Persian Gulf stocks dropped, tracking a retreat in emerging markets on Friday as U.S. jobs data spurred speculation the Federal Reserve will raise interest rates this year, diminishing the appeal of riskier assets.
EghtesadOnline: The dollar started off the week on a firmer footing on Monday as fears about Deutshe Bank receded and investors looked ahead to this week's U.S. jobs data, while sterling hit seven-week lows after Britain set a March deadline to begin its exit from the European Union.
EghtesadOnline: The long-awaited American jobs report did nothing to break the tedium of U.S. markets.
EghtesadOnline: Wall Street will fixate on a wave of U.S. economic data next week, crested by payrolls data on Friday that could sway expectations about the timing of future interest rate hikes and spark volatility in record-high stock prices.
EghtesadOnline: Traders sent U.S. stocks to a record after better-than-forecast jobs data underscored the strength of the world’s largest economy. The dollar rose and Treasuries fell as the report also bolstered the case for higher interest rates.
EghtesadOnline: Stocks and the dollar jumped on Friday on strong U.S. employment data that boosted expectations of an acceleration in economic growth and raised the probability of a Federal Reserve interest rate hike this year.