... celebrate in their own way. Where May 1st is Celebrated: An International Perspective The May 1st holiday is an international phenomenon. It is celebrated under various names in over a hundred countries worldwide. In many languages, it is known as Labor Day (Labor Day, Fête du Travail, etc.) or Workers' Day. Practically throughout Europe, May 1st is an official holiday: in Germany (Tag der Arbeit), France (Fête du Travail), Italy, Spain, Greece, and Scandinavian countries, trade union rallies and workers' ...

... from ExxonMobil and Chevron will reveal how commodity price swings affect profitability in the energy sector. Simultaneously, the report from Colgate-Palmolive will serve as a barometer of consumer demand in developed markets. The main event of the day, however, will be the release of data on the American labor market – unemployment and employment dynamics for July. This is the culmination of all the week’s economic events : a strong report will bolster confidence in a “soft landing” for the U.S. economy, while weak figures will intensify recession ...

... published data on a modest GDP growth of ~1.5% in Q2, points to a loss of momentum in US economic growth. A distinctly weaker labor market altered the mood among market participants: if just a week ago cautious optimism prevailed, talks about a potential ... ... in the economy, led to a slight decrease in bond yields in Europe. The euro strengthened against the dollar over the past few days, taking advantage of weaker US data and the Fed's pause: the EUR/USD exchange rate has climbed to above $1.19. On national ...

August 3, 2025, marked a significant date for the global economy. On this day, the Federal Reserve of the United States decided to lower interest rates, which had a considerable impact on the financial ... ... 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 ...

... with a plethora of corporate reports. CIS investors should primarily monitor US inflation (the PCE index) and data on the labor market —as they will influence global risk appetite and the currencies of emerging markets. Equally important are central ... ... meeting on Ukraine may either intensify or alleviate risk premiums in asset prices within the region. In the latter half of the day, attention will shift to corporate earnings . Special emphasis will be on Big Tech : the results of Apple and Amazon, key ...