In the week ending December 3, the advance figure for seasonally adjusted initial claims was 258,000, a decrease of 10,000 from the previous week’s unrevised level of 268,000. The 4-week moving average was 252,500, an increase of 1,000 from the previous week’s unrevised average of 251,500.…
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In the week ending December 3, the advance figure for seasonally adjusted initial claims was 258,000, a decrease of 10,000 from the previous week’s unrevised level of 268,000. The 4-week moving average was 252,500, an increase of 1,000 from the previous week’s unrevised average of 251,500.…
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- Australian rate decision: The latest headline Australian inflation data was higher than expected with a 7% quarterly increase, although underlying readings were in line with expectations. This will be the second policy meeting for Reserve Bank Governor Lowe and the evidence overall does not suggest that there will be a radical departure in tone or policy stance.
- Australian rate decision: The latest headline Australian inflation data was higher than expected with a 7% quarterly increase, although underlying readings were in line with expectations. This will be the second policy meeting for Reserve Bank Governor Lowe and the evidence overall does not suggest that there will be a radical departure in tone or policy stance.
The coming week will be filled with some very important releases for the US dollar, including inflation and business confidence. Policy meetings will be held by 2 major banks and European politics will also be heavily watched by market participants. With the market prepared for more vulgar allegations, the US Presidential election campaign will also be watched closely.…
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The coming week will be filled with some very important releases for the US dollar, including inflation and business confidence. Policy meetings will be held by 2 major banks and European politics will also be heavily watched by market participants. With the market prepared for more vulgar allegations, the US Presidential election campaign will also be watched closely.…
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There was a decrease in the US dollar against a basket of major currencies last Friday, falling from an over 2 months high in the moments following the US employment data for September was a major let down for market participants as it came in below analysts’ expectations, as the GBP fell to a 31 year low resulting from what was termed a “flash crash”.…
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There was a decrease in the US dollar against a basket of major currencies last Friday, falling from an over 2 months high in the moments following the US employment data for September was a major let down for market participants as it came in below analysts’ expectations, as the GBP fell to a 31 year low resulting from what was termed a “flash crash”.…
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There was a surprising drop in the number of Americans filing for unemployment benefits last week as the figures almost reached a 43 year low, this implied a sense of stability in the US labor market which might lead to a higher chance of an interest rate hike by the Federal Reserve before the end of 2016.…
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There was a surprising drop in the number of Americans filing for unemployment benefits last week as the figures almost reached a 43 year low, this implied a sense of stability in the US labor market which might lead to a higher chance of an interest rate hike by the Federal Reserve before the end of 2016.…
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US economic data as it has done for the last few weeks will also play a major role in the coming week as the vital NFP Payroll data comes with other key ISM releases. Unless the figures are very far from market forecasts, the data may have reduced immediate effects on the Fed policy.…
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US economic data as it has done for the last few weeks will also play a major role in the coming week as the vital NFP Payroll data comes with other key ISM releases. Unless the figures are very far from market forecasts, the data may have reduced immediate effects on the Fed policy.…
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Through last week, both the Feds and the BoJ refused to create a near term guide for investors and traders as they painted a mixed picture in the wake of the market tensions. The Federal Reserve Bank last week kept rates unchanged at their September meeting but continue to say that a rate hike is very likely before the end of the year.…
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Through last week, both the Feds and the BoJ refused to create a near term guide for investors and traders as they painted a mixed picture in the wake of the market tensions. The Federal Reserve Bank last week kept rates unchanged at their September meeting but continue to say that a rate hike is very likely before the end of the year.…
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The relevance of the Bank of Japan and the Federal Reserve bank monetary policy decisions to the currency market this week cannot be overstated, especially as the market now brims with confusion stemming from the Bank of Japan’s position. The absence of a decision will also cause a potentially high volatility, especially as the Bank of Japan plans to steepen the yield curve liable to work against any fresh policy easing.…
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The relevance of the Bank of Japan and the Federal Reserve bank monetary policy decisions to the currency market this week cannot be overstated, especially as the market now brims with confusion stemming from the Bank of Japan’s position. The absence of a decision will also cause a potentially high volatility, especially as the Bank of Japan plans to steepen the yield curve liable to work against any fresh policy easing.…
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On Monday we are likely to see trading volumes back at their previous highs, but the restored trading volumes trend will probably be met by a dearth of key events in the coming week. There is currently a high level of uncertainty surrounding the Federal Reserve and the Bank of Japan policy meetings which will be holding next week.…
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On Monday we are likely to see trading volumes back at their previous highs, but the restored trading volumes trend will probably be met by a dearth of key events in the coming week. There is currently a high level of uncertainty surrounding the Federal Reserve and the Bank of Japan policy meetings which will be holding next week.…
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The US employment data release last week was disappointing as growth was seen to have slowed down more than expected for the month of August after it had previously experienced two consecutive months of significant gains. The Non-Farm Payrolls grew by 151, 000, less than analysts’ forecasts for an increase of 180,000 in jobs.…
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The US employment data release last week was disappointing as growth was seen to have slowed down more than expected for the month of August after it had previously experienced two consecutive months of significant gains. The Non-Farm Payrolls grew by 151, 000, less than analysts’ forecasts for an increase of 180,000 in jobs.…
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