"Continued expansion would make the US look more similar to other G10 economies, where the Sahm rule has held less than 70% of the time," economists said.
Gold prices have reached multiple highs this year, with more to come as the next U.S. Federal Reserve meeting draws closer.
The U.S. and China last week signed agreements for cooperating on financial stability, according to a People's Bank of China readout Monday.
European stocks started the new trading week in mixed territory, after global markets rallied last week.
Markets were reassured that Japan's central bank will not raise rates in a volatile environment and that the U.S. economy isn't on the verge of a recession.
The Chinese Coast Guard accused Philippine vessels of "illegally" intruding and colliding with one of their boats in waters near the Sabina Shoal on Monday.
The scheme will give laid off workers up to SG$6000 (USD$4,561) per month for six months, subject to conditions.
Markets were reassured that Japan's central bank will not raise rates in a volatile environment and that the U.S. economy isn't on the verge of a recession.
In his Sunday column, Jim Cramer tells Investing Club members that Starbucks' surprise CEO switch shows why he considers giving up on value a sin.
Traders will watch out for central bank releases, including the Bank of Korea's rate decision and minutes of the Reserve Bank of Australia's August meeting.
For many, Singapore is synonymous with luxury, with everything from top-tier accommodations to high-end shopping and restaurants.