US adds 266,000 jobs in April vs. 978,000 expected
Actual: 218K Expected: 893K Previous: 708K
US Nonfarm Payrolls are expected to rise 978K in April from 916K. The Unemployment Rate is expected to drop to 5.7% from 6.0%. Average hourly earnings are expected to come out -0.4%, year on a year basis. In addition to the US Jobs Report, pay attention to Canada Unemployment Rate and I...
ECB Lagarde: ECB focus on price stability supports jobs, growth
Focus on the US Non-Farm Payrolls today! The US Jobs Report will be released at 12:30 p.m. (GMT). Why Is This Important? The Non-Farm Payrolls track the change in the number of people employed by the US in manufacturing, construction, and goods companies. It d...
since December, when the Fed said substantial further progress or for taper, have seen more vaccine rollout, and more fiscal aid it is clear that the Fed will meet bar for tapering sooner than he thought in January does not want to be preemptive but does not want to be late ei...
GDP will grow 6.5% this year with risk to the upside unemployment could fall below 4% this year some of factors pushing up on inflation near term will get resolved within 12 months expects PC inflation to end the year at 2.25%, but watching closely would l...
Falling US Treasury yields have been one of the reasons underpinning the latest moves. Returns on 10-year Treasuries dropped below 1.60% and were hovering around 1.57% at the time of the upside move
USDCAD trades to the lowest level since September 2017
U.S. JOBLESS CLAIMS FALL TO NEW POST-PANDEMIC LOW OF 498,000; EST. 540,000
BoE Bailey says CPI to rise above 2% at end of the year due to transitory developments - these temporary inflation effects have little medium-term significance - MPC will focus on medium term inflation risks, not transitory risks
BoE expects GDP to rise sharply in Q2 2021 and recover to pre-Covid levels over the remainder of this year absent restrictions Says outlook remains uncertain
One-Week Repo Rate (Mar) Actual: 19.00% Forecast: 19.00% Previous: 19.00%
BoE says inflation should return to around its 2% target later this year
BoE holds corporate bond QE target at 20bn; gilt purchase target at 875bn, as expected
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