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The weekly bottom line: the fed’s door is still open

U.S. Highlights The Federal Reserve’s policy statement took center stage this week. As expected, the Fed kept policy rates unchanged but preserved t...

November 4, 2023, 12:36 am

Canadian imports softening on lower consumer and business spending

The week ahead will be a lighter one for data releases after signs of decelerating Canadian GDP growth, a higher ...

November 4, 2023, 12:31 am

Usd/cad retests the demand zone [video]

The USD/CAD pair extended its drop today as the USD took a hit from the US economic figures. The NFP, Average Hourly Earnings, ...

November 3, 2023, 7:29 pm

Eur/usd soars above 1.0700, refreshes two-month highs post-us nfp weak data

EUR/USD rallies amid a softer US labor market, with Nonfarm Payrolls missing the 180K target. Speculation grows for Fed rate cuts in H2 2024 as hiring...

November 3, 2023, 4:59 pm

Boe's haskel: estimate of 6% equilibrium is the upper limit for me

Higher equilibrium unemployment does put upwards pressure on interest ratesUK ...

November 3, 2023, 4:52 pm

Canadian dollar springboards off us nfp flop, extends gains despite cad unemployment rate miss

The Canadian Dollar is bounding higher, extending weekly gains. Canada unemployment Rate missed forecas...

November 3, 2023, 4:46 pm

Us: hiring slows in october, unemployment rate rises to a near two-year high of 3.9%  

Non-farm payroll employment rose by 150k in October, slightly below expectations calling for a gain of 180k. Employment readings for the two prior mon...

November 3, 2023, 1:30 pm

Canada’s labour market posts modest gain in october

The Canadian labour market added 17.5k positions in October, with full-time employment down 3.3k and part-time employment up 20.8k. The ...

November 3, 2023, 1:26 pm

Disappointing nfp data fuels market optimism dollar and yields tumble

Markets reacted with notable positivity to the latest US. non-farm payroll report, which showed weaker-than-expected growth in jobs, a higher ...

November 3, 2023, 12:59 pm

Canada’s employment grew 17.5k, unemployment rate rose to 5.9%

Canada’s employment grew 17.5k in October, below expectation of 25.7. Employment was up in construction (+23,000; +1.5%) and information, culture an...

November 3, 2023, 12:42 pm

Us nfp grows 150k, unemployment rate rose to 3.9%

US non-farm payroll employment grew 150k in October, below expectation of 172k. That’s well below average monthly gain of 258k over the prior 12 mon...

November 3, 2023, 12:36 pm

Us october non-farm payrolls +150k vs +180k expected

Prior +336K (revised to 297K)Two-month net revision -101K vs +119K priorunemployment rate 3.9% vs 3.8% ...

November 3, 2023, 12:30 pm

Canada october employment +17.5k vs +22.5k expected

Prior +63.8Kunemployment rate 5.7% vs. 5.6% expected. Last month 5.5%.Full-time employment -3.3K vs +15...

November 3, 2023, 12:30 pm

Locked and loaded for the october edition of non-farm payrolls

Happy non-farm Friday.Non-farm payrolls are expected to rise by 180K at the bottom of the hour. For more, see our non-farm payrolls preview.Canadian j...

November 3, 2023, 12:07 pm

Jobs cut in half to 150k; unemployment +3.9%

Today's headline BLS number is 150K, below the 170-180K expected, and well below the downwardly revised 297K the previous month....

November 3, 2023, 12:02 pm

Forexlive european fx news wrap: us dollar edges lower ahead of non-farm payrolls

Eurozone September unemployment rate 6.5% vs 6.4% expectedGermany September trade balance €16.5 billi...

November 3, 2023, 11:45 am

Eurozone unemployment rate rose to 6.5%, eu unchanged at 6.0%

unemployment rate in Eurozone ticked up in September, rising to 6.5% from the previous month’s 6.4%. ...

November 3, 2023, 10:17 am

Eurozone september unemployment rate 6.5% vs 6.4% expected

Prior was 6.4%The economy in Europe is clearly turning lower but this chart is a reminder of how laggy employment is. We may just be starting to see i...

November 3, 2023, 10:00 am

Jobs market cools in october, rate cuts on the horizon, xlre a buy

The October jobs report showed weaker-than-expected nonfarm payrolls and private payrolls, with a rise in the ...

November 3, 2023, 9:30 am

Eur/usd holds above 1.0600 ahead of the us nfp data

Investors will focus on the Eurozone unemployment rate and US Nonfarm Payrolls. Read Full Story at sour...

November 2, 2023, 11:14 pm


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