US CPI (Nov) printed near expectations at 0.8% m/m, 6.8% y/y. This is the highest reading in the headline CPI report since 1982
CPI 6.8% Y/Y, Exp. 6.8% CPI Core 4.9% Y/Y, Exp. 4.9% CPI 0.8%, Exp. 0.7% CPI Core 0.5%, Exp. 0.5%
U.S. consumer prices are expected to have jumped by 6.8% year-on-year in November, topping October 6.2% rise which was the biggest inflation surge in more than 30 years. A higher than expected number could convince the Fed it needs to act more aggressively. It is already expected to ann...
The Bank of Canada decides policy in 10 minutes and while economists expect no change at that meeting, economists forecast rate hikes as early as the middle of next year.
The Bank of Canada decides policy in 10 minutes and while economists expect no change at that meeting, economists forecast rate hikes as early as the middle of next year.
The continued spread of the Omicron coronavirus variant globally has buoyed safe-havens like the dollar and put pressure on riskier currencies over the past week. Last Friday, the Non-Farm Payrolls showed that the US economy added just 210,000 jobs in November, the unemployment rate dr...
U.S NONFARM PAYROLLS (NOV) ACTUAL: 210K VS 531K PREVIOUS; EST 550K U.S UNEMPLOYMENT RATE (NOV) ACTUAL: 4.2% VS 4.6% PREVIOUS; EST 4.5%
Nonfarm payrolls are expected to have increased by 550,000 in November, an improvement from the 531,000 jobs created in October, while the unemployment rate is expected to drop to 4.5% from 4.6% the previous month.
All eyes will be on the US Non-Farm Payrolls today! The US Jobs Report will be released at 13:30 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 comp...
Crude -909K, Exp. -1.450MM Gasoline +4.029MM Distillate +2.160MM Cushing +1.159MM Production +100kb/d
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