An index of European banks headed for its biggest weekly fall in 17 months on Friday, thanks to soft earnings earlier in the week and a global equity sell-off gathering pace. The STOXX index has fallen 5.8% this week, as… Read More ›
Day: August 3, 2024
Why July’s Employment Report Of US Isn’t All Doom and Gloom
The U.S. employment report for July sparked significant reactions in the financial markets, leading to what many called “Freakout Friday.” The data showed a rise in the unemployment rate to a post-pandemic high and the slowest private-sector hiring in 16… Read More ›