Australia raises rates, ECB inflation woes continue.
The Board of the Reserve Bank of Australia decided to increase the cash rate target by 50 basis points to 1.35 per cent. It...
EU inflation spearheaded by energy prices, US personal income better
Euro area annual inflation is expected to be 8.6% in June 2022, up from 8.1% in May according to a flash estimate from Eurostat
New Zealand raises rates, inflation up in the EU and the US
In New Zealand the Monetary Policy Committee increased the Official Cash Rate (OCR) to 2.0 percent. The Committee agreed it remains appropriate to continue...
Australian dollar holds, UK retail sales, US unemployment claims
In the UK Retail sales volumes rose by 1.4% in April 2022 following a fall of 1.2% in March 2022 (revised from a fall...
Major markets increase rates due to inflation fears
Per the US Bureau of Labor Statistics the Total nonfarm payroll employment increased by 428,000 in April, and the...
Inflation is still a main worry for large economies
Per the released ECB Monetary policy decisions the monthly net purchases under the APP will amount to €40 billion...
Job numbers in US, Canada slowly getting better. EU numbers revised down
In Canada total employment rose by 73,000 (+0.4%) in March, driven by an increase of 93,000 (+0.6%) in full-time work. In the six months...
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...
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...
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.
