Jobs report has stocks go up in the US, Canada still dealing with lockdown...
Total nonfarm payroll employment rose by 559,000 in May, and the unemployment rate declined by 0.3 percentage point to 5.8 percent, the U.S. Bureau of Labor Statistics reported last week. Notable job gains occurred...
Stocks market dips over concerns about rising inflation
In the week ending May 15, the advance figure for seasonally adjusted initial unemployment claims was 444,000, a decrease of 34,000 from the previous week's revised level. This is the lowest level for initial...
Job markets in the US and Canada underperform, economists suspect structural changes in the...
New total nonfarm payroll employment went up by 266,000 for the month of April. Unemployment in the US stands at 6.1%. Notable job gains in leisure and hospitality, other services, and local government education...
Canadian firms have a positive outlook, China hits record quarter growth and US retail...
Results from the Canadian Business Outlook Survey for Spring 2021 point towards expectations of improvement. Business confidence across all regions has strengthened. Many firms consider the impacts of the pandemic on their activities to...
S&P500 record high before job reports, OPEC will boost production in the short term
The S&P500 index reached 4,000$ the first time in its’ history right before the holidays. The composite index managed this by inching up 1.2% during the NY trading session. NASDAQ100, the more tech-focused index,...
Stocks on track to close higher by the end of the week, blockage sends...
Real gross domestic product (GDP) in the US increased at an annual rate of 4.3 percent in the fourth quarter of 2020, according to the "third" estimate released by the Bureau of Economic Analysis....
FED vote gives dovish signals, BOE with slightly more optimism
After Wednesday’s FED meeting interest rates were left unchanged. The US Central Bank expects that economic activity in the country will ramp up with inflation the following suit. Unemployment is expected to continue decreasing....
The employment increase in the US boosts markets, more business stimuli in the UK
Total nonfarm payroll employment rose by 379,000 in February, and the unemployment rate was little changed at 6.2 percent, the U.S. Bureau of Labor Statistics reported today. In February, most of the job gains...
EU trade balance in surplus first time in a year, US and Canadian unemployment...
The first estimate for euro area exports of goods to the rest of the world in December 2020 was €190.7 billion, an increase of 2.3% compared with December 2019 (€186.4 bn). This is the...
Weekly round-up of global economy sees FED maintain course, UK and EU economies still...
The FED January post-meeting statement on monetary policy implements their new framework In particular, they expect that it will be appropriate to maintain the current accommodative target range of the federal funds rate until...
