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Australia Employment Change Declines While Jobless Rate Rises, USD Strengthened Further, U.S. Stocks Moved Lower, Gold Stable and Resilient

Previous Trading Days Events 18.04.2024 Australian employment fell in March after an enormous gain the month before, while the jobless rate resumed its uptrend. Net employment dropped 6,600 in March from February, when it rose a revised 117,600. The jobless rate climbed slightly to 3.8 from 3.7 the previous month, although that was under a […]
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Reports of Israeli Attack on Iran Spark Rush to CHF and JPY

LONDONSINGAPORE, April 19 Reuters Investors rushed into the Swiss franc and Japanese yen long seen as safehaven currencies on Friday after reports said Israel had attacked Iran in the latest titfortat exchange between the two adversaries, pushing up oil prices and causing caution across global markets. People familiar with the matter told Reuters that Israel attacked […]
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UK Stocks Decline on Middle East Woes, Set for Weekly Loss

FTSE 100 down 0.6, FTSE 250 off 0.9 UK retail sales stagnate despite easing inflation 888 posts revenue slightly ahead of expectations, shares up April 19 Reuters British stocks fell on Friday as anxious investors poured capital into safehaven assets after sources said Israel launched an attack on Iranian soil, while domestic retail sales stagnated […]
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GBP Wavers as Markets Gauge Reported Israeli Attack on Iran

LONDON, April 19 Reuters The pound was little changed on Friday after falling to a fivemonth low against the dollar in Asian trading hours as investors responded to reports of an Israeli attack on Iran. People familiar with the matter told Reuters that Israel attacked Iran, days after Iran launched an unprecedented assault on Israel in […]
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ABB Shares Hit Record High after Swiss Engineering Groups Confident Start to 2024

Company39;s stock reaches highest ever level CEO says he is more confident about 2024 than earlier Company sees signs of China improvement Analysts see positive signal for industrial rivals ZURICH, April 18 Reuters ABB shares soared to their highest ever level on Thursday after the Swiss engineering group posted betterthanexpected first quarter profit and signalled faster […]
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Tesla Tries Legal BandAid to Revive Musks Huge Pay Deal

April 18 Reuters Tesla and Elon Musk are seizing upon an obscure provision in corporate law to attempt to restore Musk39;s 56 billion pay package, in an untested move that could again mire the company in litigation, legal experts said. The electric vehicle maker on Wednesday proposed putting Musk39;s 2018 pay deal to a shareholder vote, even […]
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MercedesBenz Workers to Vote on UAW Membership in May

April 18 Reuters Workers at a Mercedes Benz factory in Vance, Alabama will vote between May 13 and May 17 on whether to join the United Auto Workers union, the National Labor Relations Board NLRB said on Thursday. WHY IT39;S IMPORTANT Winning a vote to organize workers at Mercedes39; Tuscaloosa plant will be a big victory […]
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