... recovery. Eurozone (12:00 GMT): The Services PMI will reflect the broader economic conditions within the Eurozone. Positive data could bolster the euro. United States: Initial Jobless Claims (13:30 GMT): This metric assesses the stability of the U.S. labor market, a crucial component of economic confidence. New Home Sales (15:00 GMT): An indicator of the housing market's resilience amid prevailing interest rates. Canada: Producer Price Index (PPI) (13:30 GMT): Changes in industrial prices can impact the ...

On August 2, 2025, the labor market in the USA unexpectedly showcased significant changes, sparking discussions about future trends in the economy. Investors are keeping a close eye on a trade truce established between several major countries, promising new growth opportunities. ...

How will Thursday’s key events impact global markets? This article examines the ECB’s rate decision, U.S. inflation and labor market data, and the EIA natural gas inventory report. We also delve into corporate earnings from Broadcom, Costco, and RH, offering insights into the technology and retail sectors. Explore how these developments could shape financial markets in Europe,...

... demonstrated excellent performance despite the state of the global economy. Meanwhile, the price of gold continues to rise, indicating a growing interest in safe assets amid market uncertainty. What consequences might this have for the economy and the labor market in the U.S.? Read our analysis. Economic News August 3, 2025 – Fed Rate Cut, Apple and Meta Reports, Rising Gold Prices Global financial markets are ending the week on a mixed note. On one hand, expectations of an imminent easing of monetary ...

... and stimulate domestic demand, but investors will also consider external factors—such as yesterday's US Fed decision (if the Fed rate remained unchanged, SARB may act more cautiously to avoid pressure on the rand). Statistics: PMI, Inflation, and Labor Market China – PMI Indices (04:30 MSK): Early in the morning, China's official purchasing managers' indices for July will be released. A slight improvement in manufacturing PMI is expected, but the figure will likely remain around the 50-point threshold ...