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Tag: falls
UK Unemployment Falls Unexpectedly to 4.7% as Labor Market Displays Mixed Signals
The United Kingdom labor market has delivered a surprising performance in its latest official figures, with the headline unemployment rate falling unexpectedly to 4.7% in the three months leading up to August. This marks a notable decline from the previous reading of 4.9% and comfortably beats market expectations, which had projected that joblessness would edge…
Bitcoin shrugs off ETF outflows to trade above $84,000 as oil falls
As of early Monday morning, the leading cryptocurrency by market capitalization was changing hands near $84,050, according to data from CoinDesk. This marked a steady recovery after the asset dipped to an intra-day low of roughly $83,500 earlier in the session. The resilient price action keeps Bitcoin near its Sunday high of approximately $84,145, demonstrating…
