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For the week, the S&P 500 gained 5.9%, for its biggest gain since November 2022 and Nasdaq added 6.6%, also showing its biggest gain since Nov. 2022. The Dow showed a weekly gain of 5.1%, its biggest since late October 2022. The jobs data also helped push U.S. Treasury yields lower for the fourth consecutive session. Most of the 11 major S&P 500 sectors advanced, led by rate-sensitive real estate (.SPLRCR), which finished up 2.4%, after hitting its highest since late September. The S&P 500 posted 20 new 52-week highs and no new lows; the Nasdaq Composite recorded 53 new highs and 77 new lows.

Persons: Brendan McDermid, nonfarm, Matt Palazzolo, Palazzolo, Dow, Tony Welch, Russell, SignatureFD's Welch, Welch, Sinéad Carew, Amruta, Sriraj Kalluvila, Maju Samuel, David Gregorio Our Organizations: New York Stock Exchange, REUTERS, Apple, Dow, Nasdaq, Federal, Labor, Big, Bernstein Private Wealth Management, Fed, Dow Jones, Treasury, SignatureFD, NYSE, Thomson Locations: New York City, U.S, Atlanta Georgia, New York

☆ Apple ticks lower after warning of dull holiday quarter
▼ + stars: | 2023-11-03 | by ( Aditya Soni | ) www.reuters.com time to read: +2 min

Nov 3 (Reuters) - Apple shares on Friday pared losses that were driven by its forecast for a subdued holiday quarter after a U.S. jobs report bolstered hopes of a pause in interest rate hikes by the Federal Reserve. The iPhone maker on Thursday forecast sales for the holiday quarter, usually its biggest, below Wall Street estimates, blaming weak demand for iPads and wearables. An Apple iPhone 12 is pictured in a mobile phone store in Nantes, France, Sept. 13, 2023. "We view management's flat sales guidance as proof the company cannot rely on iPhone sales to drive shares higher, as it has in the past," D.A. "In mainland China, we set a quarterly record for the September quarter for iPhone," Cook told Reuters.

Persons: Bernstein, Stephane Mahe, D.A, Davidson, Tom Forte, Tim Cook, Apple, Cook, Dan Ives, Aditya Soni, Shounak Dasgupta Organizations: Apple, Federal Reserve, U.S . National Retail Federation, Deloitte, REUTERS, Huawei, Reuters, Wedbush Securities, Thomson Locations: Nantes, France, China

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 26, 2023. Such hopes, coupled with upbeat earnings reports, have put all three major Wall Street indexes on course for their biggest weekly percentage gain in about a year. Apple (AAPL.O) was an outlier, down 1.3% after its sales forecast for the holiday quarter fell short of Wall Street expectations. Most major S&P 500 sectors traded in the green, led by real estate (.SPLRCR), which jumped 3.3% to an over one-month high. The S&P index recorded 17 new 52-week highs and no new low, while the Nasdaq recorded 42 new highs and 51 new lows.

Persons: Brendan McDermid, nonfarm, Paul Nolte, Murphy, Russell, Amruta Khandekar, Sriraj Kalluvila, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Apple, Dow, Nasdaq, Federal, Labor, Big, Fed, Sylvest Wealth Management, Federal Reserve, Treasury, Nvidia, Dow Jones, NYSE, Thomson Locations: New York City, U.S

☆ Instant View: US jobs growth slows more than expected in October
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +2 min

MARKET REACTION:STOCKS: U.S. stock futures (.SPX) rose after the jobs data.BONDS: U.S. Treasury 10-year yield dropped to three-week low after the jobs report, last yield down at 4.562%. FOREX: The dollar index fell after the weaker-than-expected jobs report. There's not a lot of breadth in the markets and there's not a lot of breadth in the job gains anymore." Back month revisions were substantial as the BLS has consistently overestimated job gains this year, unlike last year where they consistently underestimated the gains. "This is a good sign that the labor market is weakening and is playing into the hands of the Fed.

Persons: Elizabeth Frantz, Detroit's, BRIAN JACOBSEN, MENOMONEE, That's, PETER CARDILLO Organizations: REUTERS, United Auto Workers, UAW, Labor Department's Bureau of Labor Statistics, Treasury, BLS, Fed, Global Finance, Markets, Thomson Locations: Arlington , Virginia, U.S, WISCONSIN, September's

☆ Global stocks jump and dollar slumps after weak U.S. jobs data
▼ + stars: | 2023-11-03 | by ( Harry Robertson | ) www.reuters.com time to read: +3 min

The dollar tumbled after the data, which showed that the U.S. nonfarm payrolls rose by 150,000 in October, lower than the 180,000 predicted and September's downwardly revised 297,000 figure. MSCI's index of world stocks (.MIWD00000PUS) was last up 0.45%, having traded roughly 0.26% higher before the data. It was on track to finish the week 4.5% higher, which would be the largest weekly rise since November 2022. It traded 0.29% lower at 105.89 before the data. Reuters Graphics"Investors will interpret today’s jobs weak jobs report as a sign that demand is slowing in the labour market," said Richard Flynn, managing director at Charles Schwab UK, in emailed comments.

Persons: Androniki, nonfarm, September's downwardly, Richard Flynn, Charles Schwab, BoE, Samuel Zief, Brent, Harry Robertson, Jacqueline Wong, Miral Fahmy, Mark Heinrich, Alison Williams Organizations: Nikkei, REUTERS, Companies, Federal Reserve, Bank of England, Reuters Graphics, Treasury, JPMorgan Private Bank, U.S . Treasury, Thomson Locations: Tokyo, Japan, U.S, Israel

☆ Bad news for the economy is good news for the stock market ... as long as it doesn't get too bad
▼ + stars: | 2023-11-03 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange (NYSE) on November 02, 2023 in New York City. Friday's market reaction to the jobs report comes down to a simple premise: bad news is good news, as long as it isn't too bad. Slow, controlled growth is something the markets and the Fed are seeking in the current climate, negative growth is not. Despite market pricing, it seems like cuts aren't around the corner if recent statements from Fed officials are any indication. You could imagine a scenario where inflation is starting to settle and you want to lower real rates.

Persons: Stocks, nonfarm, Mike Loewengart, We've, Michael Arone, Jerome Powell, Thomas Barkin Organizations: New York Stock Exchange, Labor Department, Federal Reserve, Fed, Morgan Stanley's Global Investment, Markets, Traders, Group, State Street Global Advisors, Richmond Fed, CNBC PRO Locations: New York City

☆ Job growth slowed in October as the economy settled into a new normal
▼ + stars: | 2023-11-03 | by ( Madison Hoff | Juliana Kaplan | ) www.businessinsider.com time to read: +7 min

AdvertisementAdvertisementThe US economy added 150,000 jobs in October, based on nonfarm payroll employment growth from the Bureau of Labor Statistics or BLS. That's less than September's revised job growth of 297,000. After two straight months of an unemployment rate at 3.8%, the unemployment rate rose slightly to 3.9%. Some of the industries that saw job growth from September to October included healthcare, construction, and leisure and hospitality. "The labor market remains tight, but supply and demand conditions continue to come into better balance," Powell said.

Persons: Jerome Powell, —, payrolls, Biden, Labor Julie Su, Aaron Terrazas, Nick Bunker, that's, Bunker, might've, Terrazas, Powell Organizations: Service, Bureau of Labor Statistics, BLS, Labor, That's, North America, Gross, Bureau, Board, Conference Board

Bond yields fell, and traders of contracts tied to the Fed's policy rate now see only a 12% chance of a rate hike by January, down from 30% before the release of the employment report. Rate futures pricing now reflects a better-than-even chance of a Fed rate cut by May of 2024, with several more cuts expected later next year. U.S. central bankers themselves are not even thinking about rate cuts, Fed Chair Jerome Powell said this week after the Fed kept its benchmark overnight interest rate steady in the 5.25%-5.50% range. "Continued upward momentum would be troubling, and hopefully this recent rise levels off as the labor market recovery continues," said Indeed.com's Nick Bunker. Still for now, most of the worries about the labor market appear to be focused on what might, or might not, happen next rather than on the evidence so far.

Persons: Jerome Powell, Kevin Lamarque, nonfarm, Bond, Powell, Thomas Barkin, Barkin, Michael Feroli, Nick Bunker, Sharif, Julie Su, Ann Saphir, Shristi Achar, Tomasz Janowski, Christina Fincher, Paul Simao, Chris Reese Organizations: Federal, Committee, Federal Reserve, REUTERS, Labor Department, U.S, Fed, Reuters Graphics Reuters, Richmond Fed, CNBC, JPMorgan, Reuters Graphics, Labor, Thomson Locations: Washington , U.S

☆ SNAPSHOT Futures turn positive after October jobs data
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +1 min

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 26, 2023. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsNov 3 (Reuters) - U.S. stock index futures turned positive on Friday as a weaker-than-expected job growth report underscored investor expectations that the Federal Reserve was done with its tightening campaign. The Labor Department's report showed nonfarm payrolls increased by 150,000 jobs in October, against expectations of a 180,000 increase. ET, Dow e-minis were up 110 points, or 0.32%, S&P 500 e-minis were up 13.25 points, or 0.31%, and Nasdaq 100 e-minis were up 37.75 points, or 0.25%. Reporting by Shristi Achar A in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

Persons: Brendan McDermid, nonfarm, Shristi Achar, Maju Samuel Organizations: New York Stock Exchange, REUTERS, Federal, Labor, Dow e, Nasdaq, Thomson Locations: New York City, U.S, Bengaluru

We're selling 250 shares of Foot Locker (FL) at roughly $23 each. Following Friday's trade, Jim Cramer's Charitable Trust will own 750 shares of FL, decreasing its weighting to 0.62% from 0.82%. Ever since that nightmare quarter, Foot Locker shares have been grinding ever higher. To protect against the risk of yet another shortfall and giving back this rally, we're trimming our Foot Locker position and taking a loss of about 40% on stock we purchased in March. Foot Locker, athletic shoe store with shopper.

Persons: Locker, Jim Cramer's, payrolls, It's, Mary Dillion, Friday's, it's, We'll, Jim Cramer, Jim, Jeff Greenberg Organizations: Federal Reserve, CNBC, Universal, Getty

☆ Stocks rise on jobs data that Cramer says is 'going the right way'
▼ + stars: | 2023-11-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "If I wanted to see a number going the right way for employment, it would be this one," Jim Cramer said Friday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Nonfarm, Jim, Walt Disney, Wynn, Jim Cramer's Organizations: CNBC, Nasdaq, Labor, Federal Reserve, Treasury, Apple, Starbucks, Coterra Energy, Emerson, Hulu, Disney, Wynn Resorts, Jim Cramer's Charitable Locations: Macao

☆ US dollar drops to six-week low after softer-than-expected jobs data
▼ + stars: | 2023-11-03 | by ( Gertrude Chavez-Dreyfuss | ) www.reuters.com time to read: +4 min

[1/4] U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. The index was on track for its largest one-day fall since July. The numbers for September were revised lower to show 297,000 jobs created instead of 336,000 as previously reported. Against the yen, the dollar slid 0.6% to 149.53 yen , capping a whirlwind week, in which the Japanese currency touched a one-year low against the dollar and 15-year trough against the euro. Sterling rose 1.1% versus the dollar to $1.2327, after earlier hitting a six-week high of $1.2350.

Persons: Dado Ruvic, Brad McMillan, Kazuo Ueda, Sterling, Jerome Powell, Gertrude Chavez, Dreyfuss, Chibuike Oguh, Alun John, Ankur Banerjee, Christina Fincher, Andrea Ricci Organizations: REUTERS, Sterling, Federal Reserve, Commonwealth Financial Network, Bank of Japan, Reuters, Treasury, U.S . Treasury Department, Thomson Locations: Waltham , Massachusetts, U.S, New York, London, Singapore

☆ US job growth probably slowed in October due to UAW strike
▼ + stars: | 2023-11-03 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

The anticipated moderation in employment growth last month would also be pay back after September's enormous gains, the largest in eight months. The Labor Department's closely watched employment report on Friday is expected to show labor market conditions steadily easing, with annual wage growth the smallest in nearly 2-1/2 years and significant growth in the supply of workers. Manufacturing payrolls are forecast falling 10,000 after advancing 17,000 in September. Last week, the BLS reported at least 30,000 UAW members were on strike during the period it surveyed businesses for October's employment report. Wages gains would still be above the 3.5% that economists say is consistent with the Fed's 2% target.

Persons: Brian Snyder, Detroit's, Sam Bullard, payrolls, Veronica Clark, we've, Sung Won Sohn, we're, Brian Bethune, that's, Lucia Mutikani, David Gregorio Our Organizations: Taylor Party, Equipment Rentals, REUTERS, UAW, United Auto Workers, Labor, Federal Reserve, Labor Department's Bureau of Labor Statistics, Manufacturing, BLS, Citigroup, UPS, Finance, Loyola Marymount University, Boston College, Thomson Locations: Somerville , Massachusetts, U.S, WASHINGTON, Wells, Charlotte , North Carolina, New York, Los Angeles

☆ US job growth slows in October; unemployment rate rises to 3.9%
▼ + stars: | 2023-11-03 | by ( Lucia Mutikani | ) www.reuters.com time to read: +3 min

Nonfarm payrolls increased by 150,000 jobs last month, the Labor Department's Bureau of Labor Statistics (BLS) said in its closely watched employment report on Friday. The economy needs to create roughly 100,000 jobs per month to keep up with growth in the working-age population. The report could strengthen financial market expectations that the Federal Reserve is done raising interest rates for the current cycle. The labor market is the major force behind the economy's staying power, with gross domestic product recording an annualized growth pace of nearly 5% in the third quarter. But others disagreed, saying that the record-setting contracts would only become an issue for wage inflation if the Fed raised rates too high and choked off demand.

Persons: Brian Snyder, Detroit's, Lucia Mutikani, Nick Zieminski Organizations: Taylor Party, Equipment Rentals, REUTERS, Rights, United Auto Workers, UAW, Labor Department's Bureau of Labor Statistics, Reuters, BLS, Federal, UPS, Thomson Locations: Somerville , Massachusetts, U.S

The yield on the 2-year Treasury was up by 1 basis point at 4.985%. Meanwhile, the 10-year Treasury yield was down by 2 basis point at 4.645%. Throughout the week, the benchmark Treasury yield has come off recent highs that at times saw it trade above the 5% mark. The 2-year Treasury yield ticked higher Friday as investors looked to the October jobs report for hints about whether the labor market is easing, and digested the outlook for interest rates. October's jobs report is due Friday, with economists surveyed by Dow Jones expecting nonfarm payrolls to have risen by 170,000, up from 336,000 in September.

Persons: Dow Jones, nonfarm payrolls, Jerome Powell Organizations: Treasury, Investors, Federal

The economy added 150,00 jobs in October, suggesting a mild slowdown following September’s outsized gain, the Labor Department reported on Friday. Nonfarm payrolls comes in a bit light, downward revisions to previous 2 months and wage growth on the low end. On the margin it feels like it has softened up, but it's still a mighty hot job market,” says Steve Preston, CEO of Goodwill Industries. The Federal Reserve has been looking to the labor market for signs it has reached a better balance between supply and demand than a year ago. Chairman Jerome Powell noted that the labor market has remained strong even as interest rates have risen at a sharp pace over the past year.

Persons: ”, Noah Yosif, Nonfarm payrolls, ” Kathy Jones, it's, Steve Preston, ” Preston, Geno Cutolo, Scott Hamilton, ” Hamilton, Jerome Powell, “ We've Organizations: Labor Department, UKG, ”, Schwab Center, Financial Research, Goodwill Industries, Federal Reserve, Labor Locations: North America

☆ Asia shares, bonds rally as Powell feeds hopes of end to rate hikes
▼ + stars: | 2023-11-02 | by ( Stella Qiu | ) www.reuters.com time to read: +4 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) surged 1.7% to the highest level in one week. Tokyo's Nikkei (.N225) gained 1.4% to cross the 32,000 level for the first time in two weeks. EUROSTOXX 50 futures rose 0.8% early in Asia, while S&P 500 futures added 0.3% and Nasdaq futures increased 0.5%. While Chair Jerome Powell did not rule out another hike, markets judged he was not quite as hawkish as he might have been. Brent crude futures climbed 1.2% to $85.61 a barrel while U.S. West Texas Intermediate futures were at $81.43 a barrel, up 1.2%.

Persons: nonfarm payrolls, Hong, HSI, Jerome Powell, Treasuries, Tiffany Wilding, Seema Shah, Stella Qiu, Edwina Gibbs Organizations: Apple, SYDNEY, Tokyo's Nikkei, Stock, Nasdaq, Fed, Treasury, PIMCO, Global, Asset Management, Bank of Japan, East, Brent, West Texas, Thomson Locations: Cupertino California, Asia, Pacific, Japan, Europe, U.S, 4Q24

☆ Here's what to watch in Friday's big October jobs report
▼ + stars: | 2023-11-02 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Don't hold your breath looking for that big of a decline, said Amy Glaser, senior vice president at global staffing firm Adecco. We're still seeing resilience in the market," Glaser said. Indeed, a potentially important trend has been the hiring of part-time workers in recent months. Strike impactClose to half a million American workers have gone on strike in recent months. While a number of those high-profile stoppages have been resolved, some of the activity will show up in the October jobs report.

Persons: you've, payrolls, Dow Jones, Amy Glaser, We're, Glaser, Jerome Powell, Jeffrey Roach, Roach, Homebase Organizations: Labor Department, Federal Reserve, LPL, Employers, of Labor Statistics, United Auto Workers

The 2-year Treasury was last more than 1 basis point lower at 4.95%. U.S. Treasury yields declined on Thursday as investors bet the Federal Reserve could be done raising rates for the year. After its latest monetary policy meeting, the Fed said on Wednesday that it would keep interest rates unchanged for the second time in a row. The Fed on Wednesday also said that "economic activity expanded at a strong pace in the third quarter," and that labor market gains "remain strong" despite easing slightly. Economic data published Wednesday hinted that the labor market may be easing.

Persons: Jerome Powell, Powell Organizations: Treasury, Federal, Fed Locations: U.S

☆ S&P 500 futures tick higher as attention turns from Fed to latest earnings reports: Live updates
▼ + stars: | 2023-11-01 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

S&P 500 futures inched higher Wednesday night as investors shifted focus from the Federal Reserve's policy decision to the latest batch of corporate earnings reports. S&P 500 futures and Nasdaq 100 futures each rose around 0.2%. DoorDash climbed more than 7% on earnings that surpassed Wall Street forecasts, while Etsy fell 5% after management warned of a challenging environment for consumer discretionary spending. The moves follow a winning session on Wall Street that also marked the start of a new trading month. The Dow climbed more than 200 points on Wednesday, while the S&P 500 and Nasdaq Composite each ended up more than 1%.

Persons: SolarEdge, DoorDash, Etsy, Dow, Jerome Powell, Powell, Chris Zaccarelli, payrolls, Eli Lilly Organizations: Federal, Nasdaq, Dow Jones, Independent, Alliance, Fox, Apple, Paramount

☆ US job openings stay elevated, layoffs hit nine-month low
▼ + stars: | 2023-11-01 | by ( Lucia Mutikani | ) www.reuters.com time to read: +5 min

The Job Openings and Labor Turnover Survey, or JOLTS report from the Labor Department on Wednesday also showed layoffs dropping to a nine-month low. There were 1.50 job openings for every unemployed person in September, slightly up from 1.49 in August and way above the pre-pandemic ratio of 1.2. Data for August was revised lower to show 9.497 million job openings instead of the previously reported 9.610 million. Economists polled by Reuters had forecast 9.250 million job openings in September. Job openings dropped 43,000 in federal government and there were 41,000 open positions in the information industry.

Persons: Christopher Rupkey, Conrad DeQuadros, Lucia Mutikani, Chizu Organizations: Federal Reserve, Labor, Survey, Labor Department, Treasury, Reuters, Brean, Institute for Supply Management, United Auto Workers, UAW, Detroit's Big, Ford Motor, General Motors, Chrysler, Thomson Locations: WASHINGTON, U.S, New York

☆ Fed holds rates steady, upgrades assessment of economic growth
▼ + stars: | 2023-11-01 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

watch nowThe Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market and inflation that is still well above the central bank's target. This was the second consecutive meeting that the Federal Open Market Committee chose to hold, following a string of 11 rate hikes, including four in 2023. He also said the risks around the Fed doing too much or too little to fight inflation have become more balanced. The increases have been targeted at easing economic growth and bringing a supply and demand mismatch in the labor market back into balance. The post-meeting statement indicated that the Fed sees the economy holding strong despite the rate hikes, a position in itself that could prompt policymakers into a prolonged tightening stance.

Persons: Stocks, Jerome Powell, Powell, Charlie Ripley Organizations: Federal Reserve, Federal, Market, Dow Jones Industrial, Allianz Investment Management, Gross, Labor Department, Fed, Group Locations: hasn't

☆ Private sector payrolls rose 113,000 in October, less than expected, ADP says
▼ + stars: | 2023-11-01 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

Private sector payroll growth increased modestly in October but missed expectations, in a potential sign that the employment picture could be darkening, ADP reported Wednesday. On wages, ADP said pay was up 5.7% from a year ago, the smallest annual gain since October 2021. "In all, October's numbers paint a well-rounded jobs picture. The release comes two days ahead of the Labor Department's official nonfarm payrolls report, which is expected to show an increase of 170,000 and includes government jobs, unlike ADP. The counts from ADP and the government can differ substantially, as they did in September when the Labor Department reported a gain of 336,000, more than three times the ADP estimate.

Persons: Dow Jones, Nela Richardson, it's Organizations: CVS Health Corp, Dow, Labor, Labor Department Locations: San Francisco , California

☆ Dollar holds near 150 yen as central bank policy, data deluge awaited
▼ + stars: | 2023-10-30 | by ( ) www.cnbc.com time to read: +3 min

A Chinese bank employee counts 100-yuan notes and U.S. dollar bills at a bank counter in Nantong in China's eastern Jiangsu province on August 6, 2019. The dollar inched broadly higher in cautious trade on Monday and held near 150 yen as traders looked to a policy decision by the Bank of Japan later in the week, alongside other major central bank meetings and a slew of economic data releases globally. A PMI data deluge, inflation figures in the euro zone and U.S. nonfarm payrolls also add to the mix of the event-packed week. "I think for the FOMC and the Bank of England, they will be pretty low key with them leaving interest rates on hold. The yen was last 0.1% lower at 149.75 per dollar, getting a slight reprieve after having struck a one-year trough of 150.78 per dollar last week.

Persons: nonfarm payrolls, Carol Kong, Israel, Chris Weston, Christian Scherrmann Organizations: Bank of, U.S . Federal Reserve, Bank of England, Commonwealth Bank of Australia, New Zealand, Aussie, Fed Locations: Nantong, China's, Jiangsu, Bank of Japan, Gaza's, Palestinian, U.S

☆ Dollar holds near 150 yen as c.bank policy, data deluge awaited
▼ + stars: | 2023-10-30 | by ( Rae Wee | ) www.reuters.com time to read: +4 min

Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100-yuan banknotes are seen in a picture illustration shot January 21, 2016. A PMI data deluge, inflation figures in the euro zone and U.S. nonfarm payrolls also add to the mix of the event-packed week. "I think for the FOMC and the Bank of England, they will be pretty low key with them leaving interest rates on hold. The BOJ meeting will be the most interesting one (given) heightened speculation over a policy tweak at this meeting." The yen was last 0.1% lower at 149.75 per dollar, getting a slight reprieve after having struck a one-year trough of 150.78 per dollar last week.

Persons: Jason Lee, nonfarm payrolls, Carol Kong, Israel, Chris Weston, Christian Scherrmann, Rae Wee, Muralikumar Organizations: Hong, REUTERS, Rights, Bank of, U.S . Federal Reserve, Bank of England, Commonwealth Bank of Australia, New Zealand, Aussie, Fed, Thomson Locations: Hong Kong, Rights SINGAPORE, Bank of Japan, Gaza's, Palestinian, U.S

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