The Economic agenda is not busy today. UK Manufacturing Production in August will be announced today and is expected to ease to 0.2% from 0.5% a month ago. A higher than expected reading should be taken as positive for the Sterling. Canada Building permits are the key indicato...
The US-Turkey Non-immigrant visas are issued to those traveling for tourism, medical treatment, business, temporary work or study. The Turkish embassy in Washington said it needed to reassess the US governments commitment to the security of the mission and personnel. A very similar statement...
Kaplan says; Labor markets are tightening A lot of the jobs lost in Sept were temporary Companies have less pricing power now Fed can afford to be patient removing accommodation Says he expects less than 3 rate hikes next year Simple t...
Get ready for US Jobs Report. We might see high volatility in the market
The Non-Farm Payrolls expectation is 90k jobs created in September and it was at 156k a month ago. Unemployment Rate is expected to remain flat at 4.4% compared to a month ago. Average hourly earnings will be another release to be followed closely at the same time and are expected to rise 0.3% fr...
The US Non-Farm Payrolls will be published today. It will be announced at 12:30 p.m. (GMT) and the Jobs Report is a significant determinant of Fed rate hike in December The Fed forecast still signals another 2017 hike and three more in 2018. The hawkish Fed outlook helped US Dollar. The...
Minutes from September ECB monetary meeting will be published today. It might make waves, however. Central bank President Mario Draghi signaled that a decision on the fate of QE asset purchases will be made in October following last month conclave, hinting that a substantive conversation lay...
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