EUR Retails Sales m/m +0.2% vs. +0.1%
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US Payrolls fall -125k and Unemployment rate shrinks to +9.5%
Payrolls declined by 125,000 last month as the US government cut 225,000 temporary workers conductin...
US Average Hourly Earnings m/m -0.1% vs. +0.1%
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US Unemployment rate +9.5% vs. +9.8%
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US NFP m/m -125k vs. +431k
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Euro to ‘buck’ the NFP trend
After all the data we have seen this week, this morning’s NFP results could end up ...
US pending home sales -30% vs. -7.4%
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US ISM Manufacturing PMI 56.2 vs. 58.9
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US unemployment claims w/w +472k vs. +454k
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US Challenger Job Cuts y/y -47.1% vs. -65.5%
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Has NFP got the strength to surprise?
With China’s manufacturing growth declining, and deepening budget cuts in Spain and...
Krugman Uses the “D” Word
It has only been two days since the wrap-up of the G20 meeting, but already, second-guessing has shi...
European Banks Borrow Less Than Expected
The European Central Bank said today that it is making up to 131.9 billion euros ($161.5 billion) in...
Canada’s GDP Remains Unchanged
Statistics Canada reported that after seven straight monthly increases, GDP remained unchanged in Ap...
Oil Falls Below $77
Oil fell to $76.79 in Europe today following yesterday’s stock market losses. News that German...
CAN GDP m/m +0.0% vs. +0.2%
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US ADP Non-Farm Employment Change +13k vs. +55k
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EU fear of liquidity crunch exaggerated dollar falls
This week after the G20, the BIS argued that extremely low real rates have altered investment decisi...
US CB Consumer Confidence 59.2 vs. 62.8
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China Growth Fears Push Down Bond Yields
Fears that growth in China is weakening and falling Asian stocks conspired with the on-going Europea...