US JOLTs Job Openings (Mar) 6.866M vs. Exp. 6.87M (Prev. 6.882M, Low. 6.6M, High. 7.1M)
The US JOLTs Job Openings for March came in slightly below expectations, indicating a potential easing in labor demand, despite the quits rate ticking up.
Suzano and Kimberly-Clark (KMB) are set to secure unconditional EU antitrust approval for a USD 3.4bln JV, according to sources
US RCM/TIPP Economic Optimism Index (May) 42.6 vs. Exp. 42 (Prev. 42.8)
US JOLTs Job Openings (Mar) 6.866M vs. Exp. 6.87M (Prev. 6.882M, Low. 6.6M, High. 7.1M)
US EQUITY OPEN: Indices extend higher as Tech names gain with US data due imminently
Fire breaks out in shopping centre west of Tehran, IRNA reports
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- Quits Rate 2.0% (prev. 1.9%)
- Vacancy Rate 4.1% (prev. 4.2%)
This slight miss alongside a dip in the vacancy rate could suggest a cooling labor market, which might impact future Fed policy decisions, particularly around rate hikes. Market participants should watch for implications on wage growth and overall employment dynamics.
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