The US dollar weakened on Thursday ahead of the closely watched US employment report, which could either reinforce or challenge market expectations for additional Federal Reserve interest rate hikes this year. Meanwhile, oil prices continued to decline, while semiconductor stocks remained under pressure after their strong performance during the previous quarter. Money markets are currently pricing in one Federal Reserve...

The Japanese yen edged higher in Asian trading on Thursday against a basket of major and minor currencies, attempting to recover from its lowest level in 40 years against the US dollar and heading toward its first gain in four sessions, supported by limited buying interest at depressed levels. The US currency is facing downward pressure as oil prices slide...

Aluminum prices edged higher on Thursday, supported by positive industrial data from China, Europe, and the United States, although prices remained under pressure from weaker investor risk appetite and growing expectations of a recovery in global supply following the easing of US-Iran tensions. Reuters reported that the benchmark three-month aluminum contract on the London Metal Exchange rose 0.59% to $3,094...

The US economy showed a notable slowdown in job creation at the start of the summer, according to a report released Thursday by the Bureau of Labor Statistics, a development that strengthened investor expectations that the Federal Reserve will not need to raise interest rates in the near term. Nonfarm payrolls increased by 57,000 jobs in June on a seasonally...