canada unemployment rate

The economic reports from Canada last week painted a mixed picture. While on one hand, the labor market was seen to be steady, other reports pertaining to the housing market came out mixed. Data released last week showed that Canada’s unemployment rate fell to 5.8% for July. This was better than expected as economists polled forecast that the...

2018-08-17 John Benjamin Read more
new zealand rnbz

The latest quarterly statistics on the employment front for New Zealand showed that the nation's jobless rate inched higher. Meanwhile, dull wage growth remained but pressures from strikes across the different sectors are expected to boost wage growth eventually. [shortcode-variables slug="learn-forex-basics"] Data released last week by th...

2018-08-08 John Benjamin Read more
nfp

The monthly Payrolls report from the United States showed the headline figure missing estimates. However, the overall picture of the U.S. labor market remained strong. [shortcode-variables slug="learn-forex-basics"] Data from the U.S. Bureau of Labor Statistics showed that the U.S. economy added 157,000 jobs during the month of July. This ...

2018-08-07 John Benjamin Read more

The market was rocked last week as the ECB delivered a blow with a double-edged sword at its June monetary policy meeting. The central bank announced that it would wind down its massive quantitative easing program by the end of 2018 though bulls were left disappointed as Draghi added the caveat that rates will be kept on hold “at least through t...

2018-06-19 James Harte Read more
Weaker US Dollar Allows Metal Recovery

Gold After suffering a sharp decline last week, A Weaker US Dollar Allows Metal Recovery including Gold. Prices were able to post a recovery as the US Dollar rally took a pause and softened somewhat. The release of the latest FOMC meeting minutes this week confirmed that most members foresee that a further increase in rates will “soon” be warra...

2018-05-25 James Harte Read more
April Canada Unemployment Rate Remains Steady

As the April Canada unemployment rate remains steady, the Canadian economy was seen losing jobs in the month of April, with declines seen by a drop in the part-time workers. The weaker than expected data raised expectations that the Bank of Canada will be holding interest rates unchanged at its meeting this month. Data from Statistics Canada ...

2018-05-18 John Benjamin Read more
GDP, Inflation and Unemployment

Economic data for the week ahead will focus on the key indicators across some of the major economies. With last week's RBNZ and BoE meetings, the central bank meetings take a back seat. GDP, inflation and unemployment reports remain the key themes for the week ahead. The data could play an important role in shaping the market outcome on the next...

2018-05-14 John Benjamin Read more
UK Data Summary

Data Risks Into The BOE Heading into the March Bank of England meeting, the market is widely expecting the BOE to keep rates on hold but, a great deal of attention will be placed on the accompanying statement. With the bank having previously given hawkish signals, many traders are looking for a rate rise at the upcoming May meeting, when the ba...

2018-03-23 James Harte Read more
January 2018 Nonfarm payrolls

The pace of job creation in the United States remained strong in the January 2018 Nonfarm payrolls report, as the U.S. unemployment rate hovered near a 17 year low, amid a pickup in wage growth. The jobs data underlined the fact that the U.S. economy finished the first year of the month at a healthy pace with the labor market continuing to tight...

2018-03-20 John Benjamin Read more
Factory worker - September 2017 NFP

The September nonfarm payrolls data will be released today by the Bureau of Labor Statistics. According to the median estimates of economists polled, the US economy is expected to add just 88k jobs during the month of September. The weak pace of job gains are attributed to the disruptions caused by the hurricanes Irma, Harvey, and Maria. The w...

2017-10-22 John Benjamin Read more