Gold, Silver Hold Steady as Yields Fall and Dollar Softens on Surprise ADP Jobs Decline

Small business struggles while large firms rent Job loss was focused on small businesses, in which the firms had given employment to less than 50 people to cut 40,000 posts. Medium-sized businesses (50–499 employees) also trimmed jobs, while large enterprises with 500 or more employees added 33,000 roles. This deviation highlights the ongoing work between…

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China Faces Trade Showdown as Tariff Truce Masks Deepening Strains

In particular, Trump’s request followed the China-Russia-backed Shanghai Cooperation Organization (SCO). President Vladimir Putin and Indian Prime Minister Narendra Modi attended the summit. Targeting China through the European Union, the US has also resumed trade talks with India. Announcing progress towards a deal, President Trump said: “I am happy to declare that India and the…

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U.S. Jobs Report Misses Forecast: Weak Nonfarm Payrolls Signal Labor Market Cooling

Manufacturing employment declined by 12,000, transport equipment shed 15,000 jobs, largely responsible for strike activity. The wholesale trade fell by 12,000, declining its three months to 32,000. Retail trade offered a minor positive surprise, adding 10,500 jobs after the previous weakness. Wage increase stable, but participation stable Earning an average hourly increased 0.3% month-maiden, in…

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China: Trade Tensions Rise as Truce Nears Expiry, Markets Face Fresh Risks

China targets Southeast Asia for exports Xi’s emphasis on multilateral relations and regional participation is rapidly opposite Trump’s conservationist trade policies. China Beige Book CEO Leland Miller discussed China’s increasing dominance in an interview with Bloomberg, stating: “I would not call it a status of strength, but given that many countries are getting away from…

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