US private sector speeds up as demand increases and supply issues improve
In the US the seasonally adjusted data for unemployment insurance weekly claims came out.
In the week ending March 19, the advance figure for seasonally adjusted initial claims was 187,000, a decrease of 28,000 from...
Major economies start to grapple inflation as tapering seems imminent
Per the FED press release from March the 16th, The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. With appropriate firming in the stance...
War in Ukraine pushing inflation up, job reports in the US optimistic
As war continues to rage between Russia and Ukraine further uncertainty piles on top of inflationary pressures from post-pandemic recovery and surging oil prices.
Disturbing war leaves markets in chaos, mediocre GDP data in Europe
The ongoing combat hostilities between Russian and Ukrainian forces in the recently erupted war have seen devastating effects on markets in the past 24 hours. The price of the Ruble spiked to 89 for...
Good data in the Oceania region, other regions grapple inflation
The Reserve Bank of Australia released a statement before the House of Representatives Standing Committee on Economics. The outlook for the Australian economy has improved since the last meeting....
Crushing labor data in Canada, US jobs not great
In Canada employment fell by 200,000 (-1.0%) in January and the unemployment rate rose 0.5 percentage points to 6.5%.
The number of people who were employed but worked less than half their usual hours rose...
Anxiety over latest Stocks worst performance since last Year
Most major exchanges opened lower today as fears about US-Russian relations over Ukraine and missed revenue targets from major tech firms keep a downward pressure on the market.
Across the globe a US stock selloff...
FED hike may be negative for future fast growth expectations as market cools
The US Federal Reserve has made strong signals that they intend to start tightening the official borrowing rate this year, starting with March. Investors expect that the meeting on...
US labor economy better, Canada bank rates steady
The Bank of Canada today held its target for the overnight rate at the effective lower bound of 0.25 percent, with the Bank Rate at 0.5 percent and the deposit rate at 0.25 percent....
US and Canadian labour markets show moderate reasons for optimism
Per today’s statistical analysis provided in Canada Labour productivity down after zero growth in the second quarter. Labour productivity of Canadian businesses decreased by 1.5% in the third quarter, with hours...
