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What is the timing of the UK Jobs Report and what impact might it have on GBP/USD?

What is the timing of the UK Jobs Report and what impact might it have on GBP/USD?

The ILO unemployment rate in the United Kingdom rose to 4.8% for the three months ending in August, up from 4.7% reported previously, according to data from the Office for National Statistics (ONS) released on Tuesday. This figure was higher than the anticipated rate of 4.7%. The report also highlighted that the number of individuals […]

AUD/USD climbs toward 0.6550 before China’s Trade Balance report

AUD/USD climbs toward 0.6550 before China's Trade Balance report

Following a drop of about 1.25% in the last session, AUD/USD saw an uptick, trading around 0.6530 during the Asian session on Monday. Even with China’s September trade balance registering at 645.47 billion yuan—down from 732.7 billion yuan previously—the exchange rate didn’t show significant changes. Exports grew by 8.4% year-on-year in September, contrasting with a […]

Report: Migrants Receiving £10 Billion Annually in UK Welfare Benefits

Report: Migrants Receiving £10 Billion Annually in UK Welfare Benefits

Recent findings indicate that British taxpayers have provided over £10 billion in direct welfare grants to migrants, which now comprises about one in every six pounds spent on Universal Credit. Figures obtained through an internal government review reveal that from the £61.2 billion allocated annually to the Universal Credit program, which supports unemployed and low-income […]

Fortune-tellers in Pennsylvania manipulated desperate individuals into giving up valuable items to remove ‘black magic’ according to a report.

Fortune-tellers in Pennsylvania manipulated desperate individuals into giving up valuable items to remove 'black magic' according to a report.

Con Artists Accused of Exploiting Victims with Psychic Schemes Authorities are investigating two alleged con artists who reportedly deceived individuals into surrendering their personal belongings, including luxury items, and even blackmailed some under the pretense of battling “black magic.” Gina Marks, 52, and Steve Nicklaus, 40, both hailing from the Philadelphia area, stand accused of […]

Four protesters taken into custody near Chicago DHS center as anti-ICE demonstrators create unrest, report indicates

Four protesters taken into custody near Chicago DHS center as anti-ICE demonstrators create unrest, report indicates

Protests Erupt in Chicago Following Immigration Crackdown On Friday, tensions flared outside a Department of Homeland Security (DHS) facility in Chicago as four anti-ICE protesters were taken into custody. This occurred after a federal judge intervened to block President Trump’s deployment of National Guard troops to the area. The situation turned chaotic as Illinois State […]

Government shutdown won’t stop release of inflation report

Government shutdown won’t stop release of inflation report

BLS to Release Inflation Report Amid Government Shutdown The Bureau of Labor Statistics (BLS) announced on Friday that it will proceed with the release of its monthly inflation report, despite the ongoing government shutdown. Furloughed employees are being brought back for this task. Scheduled for release on October 24, the consumer price index (CPI) for […]

September inflation report to be released by Trump administration despite shutdown

September inflation report to be released by Trump administration despite shutdown

The Trump administration plans to release an important inflation report later this month, despite having closed down the agency responsible for gathering essential economic data during the government shutdown. The U.S. Bureau of Labor Statistics (BLS) announced that the September Consumer Price Index (CPI) report will now be available on Friday, October 24, which is […]