Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
The Canadian Dollar shed 0.4% against the Greenback on Friday. Canada saw a worse-than-expected print in net new jobs additions in October. Average Canadian wages also rose, maintaining upward pressure on inflation expectations. The Canadian Dollar flubbed a near-term technical recovery on Friday, slumping back into familiar lows against the Greenback. The Loonie remains under […]
Speaking to Chicago public radio station WBEZ, Chicago Federal Reserve Bank President Austan Goolsbee warned on Thursday that if the strike continues, supply-chain disruptions could exert upward pressure on prices and negatively impact the economy. Key Quotes Dockworkers’ strike was predicted, retailers have been stockpiling and have about two weeks of supplies. After that, we […]
Argentina Unemployment Rate (QoQ) below forecasts (7.9%) in 2Q: Actual (7.6%) Source link
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
Australia’s Unemployment Rate remained at 4.2% in August, compared with the expectations and the previous figure of 4.2%, according to the official data released by the Australian Bureau of Statistics (ABS) on Thursday. Furthermore, the Australian Employment Change arrived at 47.5K in August from 58.2K in July, compared with the consensus forecast of 25.0K. The participation rate in Australia held […]
In August, job growth in the US amounted to 142 thousand, which was slightly less than expected (consensus 165 thousand, Commerzbank forecast 150 thousand), Commerzbank’s Senior Economist Dr. Christoph Balz notes. The labor market remains a cause for concern “The US labor market barely recovered in August after the disappointing July report. 142 thousand new […]
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]
Federal Reserve (Fed) Bank of Philadelphia Patrick Harker hit newswires on Friday, noting that Fed moves on interest rates need to be “methodical”, telegraphing that policymakers are targeting a series of cuts through the rest of 2024 as the US central bank gears up for a dovish pivot. Key highlights We need to start moving […]
United Kingdom CFTC GBP NC Net Positions: £132.9K vs £84.7K Source link
GBP/JPY tumbled back to 203.00 as markets suspect continued market intervention. The Yen soared a full percent against the Pound Sterling on Wednesday. This follows last week’s 2% sudden decline and a surge in BoJ spending. GBP/JPY continued a pattern of sharp declines on Wednesday, tumbling over a full percent on the day as markets […]
United States ADP Employment Change below expectations (160K) in June: Actual (150K) Source link
