From orbex.com | 42 min ago
The ECBs Forum at Sintra has become one of the key events for forex markets, and a lot happened over the last few days that could drive currency markets not just this week, but through the rest of the year. Having so many heads of major central banks at the same venue discussing monetary policy is a fantastic opportunity to compare their outlooks on rates. ...
As I think about my recent policy decisions, my assessment has evolved with incoming data and ongoing research. At the start of this year, moderation in price and wage growth, alongside slowing activity, had brought me closer to considering a reduction in Bank Rate. However, since the onset of the conflict in the Middle East, the reemergence of the ...
US dangles rewards for opening the Strait of Hormuz. Iran isn't budging. - WSJ
From think.ing.com | 1 hr 22 min ago
The June US jobs report led with a softer-than-expected non-farm payroll growth number of 57,000 (consensus 113k) with 74,000 downward revisions to the past two months. The unemployment rate dipped to 4.2% from 4.3%, but this was primarily caused by a big drop in the participation rate to 61.5% from 61.8% ie not a good reason since it highlights worker ...
Both total nonfarm payroll employment (+57,000) and the unemployment rate (4.2 percent) changed little in June, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, social assistance, and health care. Leisure and hospitality lost jobs. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the Technical Note.
U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2% The U.S. economy saw job creation cool sharply heading into the summer, the Bureau of Labor Statistics reported Thursday. Nonfarm payrolls for June increased by a seasonally adjusted 57,000 for the month, slower than the downwardly revised 129,000 added in May and worse than the 115,000 Dow Jones consensus forecast. The unemployment rate, however, dropped to 4.2%, and slightly ahead of the 4.1% where it was a year ago. The U.S. economy added 57,000 jobs in June and revisions subtracted a combined 74,000 jobs from the previously reported figures for May and April. The unemployment rate edged down to 4.2%. Leisure and hospitality employment declined by 61,000 in June.
| Date | 11:40am | Currency | Impact | Alerts | Detail | Actual | Forecast | Previous | Graph | |
|---|---|---|---|---|---|---|---|---|---|---|
| 11:40am | Actual | |||||||||
| Thu Jul 2 | ||||||||||
| Thu Jul 2 | 1:30am | CHF | CPI m/m | 0.0% | 0.1% | 0.2% | ||||
| 1:45am | EUR | French Gov Budget Balance | -93.3B | -69.6B | ||||||
| 2:00am | EUR | Spanish Unemployment Change | -28.7K | -40.8K | -36.3K | |||||
| 3:00am | EUR | Italian Monthly Unemployment Rate | 5.0% | 5.1% | 5.1% | |||||
| 3:30am | GBP | BOE Credit Conditions Survey | ||||||||
| 3:41am | EUR | Spanish 10-y Bond Auction | 3.40|1.8 | 3.38|1.9 | ||||||
| 3:56am | EUR | French 10-y Bond Auction | 3.68|3.3 | 3.80|2.4 | ||||||
| 4:00am | EUR | Unemployment Rate | 6.2% | 6.3% | 6.2% | |||||
| 4:03am | GBP | 10-y Bond Auction | 4.93|3.3 | 4.86|3.5 | ||||||
| 6:45am | USD | FOMC Member Daly Speaks | ||||||||
| 7:30am | USD | Average Hourly Earnings m/m | 0.3% | 0.3% | 0.3% | |||||
| USD | Non-Farm Employment Change | 57K | 114K | 129K | ||||||
| USD | Unemployment Rate | 4.2% | 4.3% | 4.3% | ||||||
| USD | Unemployment Claims | 215K | 219K | 216K | ||||||
| 8:30am | CAD | Manufacturing PMI | 53.0 | 52.9 | ||||||
| 9:00am | USD | Factory Orders m/m | -1.3% | -1.7% | 5.3% | |||||
| 9:30am | USD | Natural Gas Storage | 87B | 81B | 76B | |||||
| 10:45am | GBP | MPC Member Mann Speaks | ||||||||
| CNY | RatingDog Services PMI | 53.0 | 54.4 | |||||||
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