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Trump's budget proposes massive defense spending with 10% cut to other federal programs
$500 billion increased defense proposal includes Golden Dome, ships Request includes potential pay raise for troopsCuts discretionary energy and "woke" programsBy Bo Erickson and Ryan Patrick Jones WASHINGTON, April 3 (Reuters) - U.S. President Donald Trump on Friday requested a 10% cut i...Reuters
50 minutes ago
US S&P Global Services PMI posts first contraction since 2023
The US S&P Global Services PMI in March reported that business activity in the sector is slowing sharply, falling to contractionary territory for the first time since January 2023, amid higher inflation and the war in the Middle East.Fxstreet
an hour ago
WRAPUP 4-US job growth accelerates by the most in 15 months in March
Nonfarm payrolls increase 178,000 in MarchUnemployment rate falls to 4.3% from 4.4% amid decline in participation rateAverage workweek shortens to 34.2 hours from 34.3 hoursBy Lucia Mutikani WASHINGTON, April 3 (Reuters) - U.S. job growth rebounded sharply in March as a strike by healthcare work...Reuters
2 hours ago
TREASURIES-US yields climb after blowout jobs number affirms Fed pause stance
Unemployment rate dips; report shows downward revisions Jobs report not as strong as it looks -analystFed rate cut chances reduced for 2026 post-jobs dataBy Gertrude Chavez-Dreyfuss NEW YORK, April 3 (Reuters) - U.S. Treasury yields advanced on Friday after data showed the world's largest eco...Reuters
2 hours ago
TREASURIES-US yields jump after stronger-than-expected jobs report
NEW YORK, April 3 (Reuters) - U.S. Treasury yields advanced on Friday after data showed the world's largest economy created a lot more jobs than expected last month, cementing expectations that the Federal Reserve will hold interest rates steady for longer and not cut them.The benchmark 10-year ...Reuters
3 hours ago
Japanese Yen struggles due to BoJ’s rate hike uncertainty
USD/JPY remains in the positive territory for the third successive day after registering over 0.5% gains on Thursday, currently trading around 159.60 during the Asian hours on Friday. However, the pair moves little due to thin trading activity amid the Good Friday holiday.
Fxstreet
9 hours ago
