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  • November US job growth slowed but will still show strength despite layoffs, hiring freezes

    From cnbc.com

    Job growth in November was expected to have slowed while remaining strong, even in the face of layoffs and job freezes at major companies. The economy is expected to have added 200,000 jobs, less than the 261,000 in October, according to Dow Jones. Economists forecast the unemployment rate was steady at 3.7%, and average wage growth slowed to 0.3% month-over-month, from 0.4% in October. The monthly employment report is released Friday at 8:30 a.m. ET, and is in special focus since the Federal Reserve has been concerned that the hot labor market and rising wages have been helping fuel inflation. The Fed is widely ... (full story)

If there were layoffs in jobs then it will surely affect the numbers big time...I think so.
Quoting penuelophir
If there were layoffs in jobs then it will surely affect the numbers big time...I think so.
lol
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    ECB's de Guindos: High probability of a euro-zone recession

    From @financialjuice|Dec 2, 2022|2 comments

    tweet at 7:27am: ECB'S DE GUINDOS: HIGH PROBABILITY OF A EURO-ZONE RECESSION. tweet at 7:28am: ECB'S DE GUINDOS: ECONOMIC DECELERATION WILL NOT BE AS DEEP AS EXPECTED A FEW WEEKS AGO. tweet at 7:30am: ECB'S DE GUINDOS: INFLATION IN THE EUROZONE AROUND MID-2023 WILL HOVER AROUND 7%. tweet at 7:31am: ECB'S DE GUINDOS: INFLATION TO EASE MORE CLEARLY IN THE 1Q. tweet at 7:34am: ECB'S DE GUINDOS: WE ARE SEEING THAT INFLATION IS STARTING TO SLOW DOWN.

    Exports in October 2022: -0.6% on September 2022

    From destatis.de|Dec 2, 2022

    In October 2022, German exports were down by 0.6% and imports by 3.7% on a calendar and seasonally adjusted basis compared with September 2022. Based on provisional data, the ...

    USDCAD steps on 20-SMA; bears still present

    From xm.com|Dec 2, 2022

    USDCAD had a lukewarm start to December, barely gaining bullish traction despite taking support from the 20-day simple moving average (SMA) at 1.3394. The pair has completed two ...

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