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Saturday, December 18, 2021 00:29:14 UTC

Gold polished up nicely to hit a one-month high with $GLD hitting $67.80 while the DOW plunged 532 points. Weekly jobless claims up by 206,000 from the previous week.

Oil slid 2% to $70.86 per barrel and the jobless claim escalated above the pandemic low as the economic recovery remains unstable.(More)

@orionmetalexchange @exxonmobile @exxonmobile

#gld #spdrgoldsharesetf #gold #silver #oil #exxon #bullion #jobless #dow

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Thursday, December 09, 2021 12:58:17 UTC

Lululemon, Broadcom and Oracle are among the companies reporting for last week. Expectations are for 215,000, down 7,000 from the previous week's total of 222,000.

The total number of unemployed workers collecting benefits, are expected to drop by 56,000 to 1.9 million. We are also waiting for Friday's U.S. inflation data which will likely influence the Federal Reserve's decision on economic stimulus rollback timing.(More)

STOCK FUTURES DROP PRIOR TO JOBLESS CLAIMS

Thursday, December 09, 2021 12:58:17 UTC

Lululemon, Broadcom and Oracle are among the companies reporting for last week. Expectations are for 215,000, down 7,000 from the previous week's total of 222,000.

The total number of unemployed workers collecting benefits, are expected to drop by 56,000 to 1.9 million. We are also waiting for Friday's U.S. inflation data which will likely influence the Federal Reserve's decision on economic stimulus rollback timing.

#lululemon #broadcom #oracle #futures #unemployment #stimulus


Friday, December 03, 2021 15:22:14 UTC

The US Labor Department reported today that payrolls in November were up by just 210,000, far below the 550,000 jobs forecast.

The job growth drop comes prior to the discovery of the newly identified omicron variant of COVID, which will likely slow the global economy's recovery. It's still not clear just how dangerous omicron is, and whether it is capable of causing more severe illness. Preliminary findings show an increased risk of reinfection.

Public health officials have urged caution against panic.(More)

US JOBS LESS THAN EXPECTED

Friday, December 03, 2021 15:22:14 UTC

The US Labor Department reported today that payrolls in November were up by just 210,000, far below the 550,000 jobs forecast.

The job growth drop comes prior to the discovery of the newly identified omicron variant of COVID, which will likely slow the global economy's recovery. It's still not clear just how dangerous omicron is, and whether it is capable of causing more severe illness. Preliminary findings show an increased risk of reinfection.

Public health officials have urged caution against panic.

#unemployed #covid #jobless #omicron #panic #pfizer #moderna