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1. Service PMI Numbers We will focus on a report on activity in the service sector today. German Service PMI will be announced and it is expected to rise to 50.8 from 45.7 in the previous number while Eurozone Service PMI is expected to be 48.8. A reading belo...
Household savings in 2020 and the start of 2021 are enough to finance private consumption growth above 2019 level for 3-5 years Surprised by the resilience of economies ECB is fine with financing conditions as they are If economy improves strongly it will have to mea...
IMF boosts 2021 global growth estimate to 6.0% from 5.5% in January 2021 would be strongest year since 1976 Advanced economies +5.1% vs +4.3% in Jan Emerging markets 6.7% vs 6.3% in January The IMF sees 4.4% growth in 2022 Says global economy cont...
1. Eurozone Unemployment Rate We will focus on Eurozone Unemployment Rate today. The Unemployment Rate for February is expected to stay at 8.1%. 2. US JOLTs Job Openings The US Bureau of Labor Statistics will release its JOLTS job op...
The minutes of the FOMC meeting due Thursday is expected to provide investors with an insight into the Fed thinking on monetary policy. The Federal Reserve kept rates unchanged last Wednesday and signaled that near-zero rates would continue through 2023 to support the next phase of the...
Nonfarm Payrolls (NFP) in the US rose by 916,000 in March, the data published by the US Bureau of Labor Statistics showed on Friday.
US Nonfarm Payrolls are expected to rise 647K in March from 379K. The Unemployment Rate is expected to drop to 6.0% from 6.2%. Average hourly earnings are expected to come out 4.5%, year on a year basis.
All eyes will be 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 does no...
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