April BoC meeting

The markets are looking towards new trading week, marking the start of the second quarter. The economic calendar is looking busy, at least where the USD is concerned. With Monday being the Easter bank holiday, the European markets are expected to remain shut. US Payrolls and RBA meeting are up. Data from the U.S. will start with the ISM’s man...

2018-04-10 John Benjamin Read more
UK Jobs_0404

On Friday, November 3, the US Bureau of Labor Statistics released the monthly payroll figures for the month of October. Although the number of jobs added to the economy rose less than forecast, overall data suggested that the US economy quickly recovered from the September blip due to the hurricanes. 1. Payrolls rise less than expected. Previ...

2018-01-25 John Benjamin Read more
NFP_March nonfarm payrolls

The slow pace of the markets is likely to come to an end as traders prepare for a busy September. The week ahead will start off on a somewhat slow note but picks up the pace by mid-week. Economic data includes key market moving events such as the US GDP numbers and the flash inflation data from the Eurozone. Canada will also be reporting on th...

2017-08-28 John Benjamin Read more
NFP_March nonfarm payrolls

Summary: Employers add 98,000 jobs to their payrolls in March March payroll print unusually low in the backdrop of strong growth in the labor markets January payrolls revised from 238k to 216k; February payrolls revised from 235k to 219k Combined net revision shows 38k net decline in jobs over the past two months Average hourl...

2017-04-11 John Benjamin Read more
RBA

Following the hawkish rhetoric from Fed officials last week, the markets will be prepared for this Friday's payrolls report, which could cement expectations for a March rate hike which is already looking like a done deal. Besides the Friday's payrolls report, Canada will also be reporting on its jobs. The ECB and the RBA will be meeting this wee...

2017-03-06 John Benjamin Read more
Italian Referendum

Frosinone, Italy - November 8, 2016 - The election campaign of Matteo Renzi for the constitutional referendum This week, OPEC's bi-annual meeting in Vienna will take the center-stage for the markets as traders await the decision from the OPEC meeting on potential production cuts. In economic news, the week will mark the transition into December...

2016-11-28 John Benjamin Read more
US Economic Data

The last trading week of the third quarter closed with risk aversion led by weakness in the banking sector. Wells Fargo and Deutsche Bank remained in the forefront, erasing gains from the surprise decision by OPEC to limit production levels. Looking ahead, the economic data this week that stands out will be the ISM surveys and the September jobs...

2016-10-03 John Benjamin Read more