US Average Weekly Hours (Feb) 34.3 vs. Exp. 34.3 (Prev. 34.3, Low. 34.2, High. 34.4)

The US Average Weekly Hours data for February came in right in line with expectations, confirming previous trends without indicating any significant changes in labor market conditions.

Newsquawk StaffPublished 6 Mar 2026, 13:50 UTCOn the live feed at 13:30 UTC — 7 more headlines followed before this page went public

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13:41

UKMTO reports that a tugboat was hit by a unknown projectile within the Strait of Hormuz

13:36

Western Alliance Bancorp (WAL) CEO says until last week, the loan had performed as expected, adds that they can absorb the loss with minimal disruption

13:30

US Average Weekly Hours (Feb) 34.3 vs. Exp. 34.3 (Prev. 34.3, Low. 34.2, High. 34.4)

13:27

Swiss government is set to acquire 30 Lockheed (LMT) F-35 jets, vs the 35 initially guided

13:27

Jefferies (JEF) believes that Western Alliance (WAL) lawsuit is without merit and it will be defended vigorously

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Context

Although the print shows stability, it may not imply any immediate shifts in Fed policy, reflecting a consistent labor utilization rate that keeps growth and inflation assessments stable.

Macro · last 90 days

Recent headlines that moved markets

MACRO/20 Aug · 01:30 UTC

Australian Employment Change (Jul) -15.8K vs. Exp. 15K (Prev. 76.3K)

Market, after we published−0.3%

AUD/USD immediately moved lower by 22 pips to 0.7103 from 0.7125.

METALS/1 Sept · 08:06 UTC

Two oil supertankers were reportedly hit by projectiles in the Strait of Hormuz, reports citing Marisks suggest (details light)

Spot Gold, after we published−1.0%

FX/28 Aug · 14:00 UTC

Fed Chair Warsh says Fed has more work to do unless confident underlying inflation is moving towards 2% objective

DXY, after we published+0.5%

ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

EQUITIES/26 Aug · 12:56 UTC

States and Meta (META) and agree to settle claims that platforms harmed children, according to a court filing; Meta agrees to pay a maximum of USD 16.68bln to states as part of deal

Market, after we published+2.6%

ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

Brent crude, after we published−2.4%

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