The January payrolls number was weaker than expected at 143k, vs a reading of 175k. However, to counteract the downside surprise in the NFP number, the unemployment rate fell to 4% from 4.1%, and average wage data jumped by 0.5% on the month, to 4.1%, the market had been looking for a decline to 3.8%. […]
NZD/USD refreshes weekly high near 0.5700 as receding global trade war risks have improved the safe-haven demand. The USD strives to gain ground on the back of upbeat US ADP Employment data for January. The NZ economy will also face the consequences of the US-China trade war. The NZD/USD pair posts a fresh weekly high […]
U.S. labor market data continue to show strength towards the end of last year, in line with job openings data that turned around to rise consecutively in October and November, RBC Economics’ economists note. Fed set to hold this month “Concerns over substantial weakening in the jobs market have continued to ease, leaving the Fed […]
United States ISM Manufacturing Employment Index came in at 45.3, below expectations (48) in December 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 […]
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 […]
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 […]