us unemployment rate

The monthly payrolls report for August released by the U.S. Department of Labor last Friday showed that the pace of hiring picked up the pace in August. Furthermore, the average earnings also grew strongly over the month while the official unemployment rate held steady. [shortcode-variables slug="act_tradeideas"] The U.S. unemployment rate...

2018-09-11 John Benjamin Read more
us gdp

The U.S. economic growth was seen rising sharply during the second quarter of the year, which was more than previously estimated. The gains came despite a modest decline in a key measure of the corporate profits compared to the previous quarter. [shortcode-variables slug="act_tradeideas"] The real GDP which measures the value of all the go...

2018-09-05 John Benjamin Read more

Growth “Strong” As expected, following the last .25% rate rise in June, the Fed kept policy unchanged at its August meeting with a statement that was mostly unchanged from last time. However, the statement did contain a few subtle but important changes which reinforced the Fed’s hawkish shift. The key change was where the Fed noted that economi...

2018-08-02 James Harte Read more
forex analysis

Daily Forex Market Preview, 28/06/2018 The RBNZ's monetary policy meeting held in the overnight session showed that the central bank left the overnight cash rate unchanged at its meeting as widely expected. The New Zealand dollar was seen falling sharply on the RBNZ’s decision as a result. The day ahead is relatively quiet with the U.S....

2018-06-28 John Benjamin Read more

The markets head into the final week of the third quarter of the year. The economic calendar is relatively light over the course of the week. GDP reports make the major theme as the U.S. and the UK will be reporting on the final revised GDP numbers for the first quarter. Elsewhere, Canada will be releasing its monthly GDP numbers. Data from t...

2018-06-25 John Benjamin Read more
ECB and BoJ Meetings

As the markets head into the final week for the month of April, the economic calendar continues to steam ahead with lot of economic releases. Central bank meetings take the spotlight this week with both the European Central Bank and the Bank of Japan lined up. No changes are expected from either of the central bank meetings this week. However...

2018-04-24 John Benjamin Read more
Final GDP releases

The week ahead will see a somewhat slower pace of economic data released accentuated by a short trading week. Most of the markets, including the U.S. and Europe will be closed on Friday on account of the Good Friday holiday. After a busy last week, which saw the Fed hiking interest rates and monetary policy meetings from the Bank of England ...

2018-04-03 John Benjamin Read more
Trump Trade War

Five Fronts in the Trade War The Donald Trump Trade War began as the president signed a proclamation to place tariffs on steel and aluminum on Thursday in the first concrete step in his quest to reduce the bulging US trade deficit. The resulting steps as well as fallout will be a driving force for markets in the weeks/months ahead. Major d...

2018-03-23 Ashraf Laidi Read more
monetary policy meetings

The week ahead will the Bank of Japan and the European Central Bank meetings. Both the monetary policy meetings will come into focus as the previous week's announcement from the BoJ and the ECB's meeting minutes suggested that the central bank could be turning the corner. On the economic front, labor market data will be coming up on Wednesday...

2018-03-20 John Benjamin Read more
home sales

The U.S. economic data seems to have picked up momentum according to reports from last week. Across most areas, economic reports indicate a strong surge in activity, including a revised higher third quarter GDP. New single family home sales rose 6.2% in October. New home sales consisting of a single family home rose by 6.2% in October, to an a...

2018-01-25 John Benjamin Read more