Bank of Canada leaves rates unchanged at 0.25%, as expected
08 Dec 21 (Wed)
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 N...
06 Dec 21 (Mon)
Markit Service PMI Final 58.0, Exp. 57.0
03 Dec 21 (Fri)
November Payrolls Huge Miss: Just 210K Jobs Added, Fewest Since December 2020
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...
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...
OPEC+ AGREES TO GO AHEAD WITH PLANNED JANUARY OIL OUTPUT RISE - OPEC+ SOURCE
02 Dec 21 (Thu)
US Initial Claims 222K, Exp. 240K
Continuing Claims 1956K, Exp. 2003K
Crude -909K, Exp. -1.450MM
01 Dec 21 (Wed)
Markit US MFG PMI Final 58.3, Exp. 59.1
U.S ADP NONFARM EMPLOYMENT CHANGE (NOV) ACTUAL: 534K VS 571K PREVIOUS; EST 525K
The most important number will likely be ADP private payrolls survey for November, the traditional warm-up act for the government labor market report on Friday. Analysts expect the economy to have add...
factors pushing inflation upward will linger well into next year
inflation running well above 2% goal, pushed up by pandemic-related supply and demand imbalances
continue to exp...
30 Nov 21 (Tue)
GERMAN INFLATION RATE JUMPS TO 6%; MEDIAN EST. 5.5%
29 Nov 21 (Mon)
Last week, the US data showed that GDP grew 2.1% quarter-on-quarter in the third quarter and that 199,000 initial jobless claims were filed throughout the week.
The U.S. dollar rose as a...
FOMC minutes say Fed should be prepared to accelerate QE taper, rate hikes
24 Nov 21 (Wed)
FOMC minutes: Members agreed it would be appropriate to convey less certainty about the path of inflation
The minutes of the FOMC meeting due Wednesday is expected to provide investors with an insight into the Fed thinking on monetary policy.
In the last meeting, the Fed announced a $15...
US Personal Income 0.5%, Exp. 0.2%
Personal Spending 1.3%, Exp. 1.0%
PCE 5.9%, Exp. 5.7%
Core PCE 4.5%, Exp. 4.5%
US GDP Q3 1st revision: 2.1%, Exp. 2.2%, Last 2.0%
Initial Claims 199K, Exp. 260K
Continuing Claims 2049K, Exp. 2033K