US Average Hourly Earnings MoM (Mar) M/M 0.2% vs. Exp. 0.3% (Prev. 0.4%, Low. 0.2%, High. 0.4%)
The US Average Hourly Earnings data for March came in at 0.2%, missing expectations of 0.3% and lower than last month’s 0.4%.
Turkey is reportedly considering increasing electricity and natural gas prices
Iran's Army says it has targeted the largest aluminium smelting facility in Bahrain, Al Mayadeen reports
US Average Hourly Earnings MoM (Mar) M/M 0.2% vs. Exp. 0.3% (Prev. 0.4%, Low. 0.2%, High. 0.4%)
US President Trump posts "With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL, & MAKE A FORTUNE. IT WOULD BE A “GUSHER” FOR THE WORLD??? President DONALD J. TRUMP"
US President Trump says VP Vance will now be the "fraud czar", and his focus will be on the "Blue States where CROOKED DEMOCRAT POLITICIANS..." and "The numbers are so large that, if successful, we would literally be able to balance our American Budget."
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This print suggests a cooling in wage growth, which may have implications for inflation and Federal Reserve policy, possibly reinforcing a dovish stance amidst ongoing economic concerns.
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