For the second month in a row, the Bank of Canada kept the central bank in its meeting moments before the interest rate unchanged at 4.50%, as expected. The bank's interest report stated that economic growth in Canada was stronger than expected in the first quarter with the recovery of exports and consumption. The bank expects the Canadian economy to...
View MoreData released moments ago by the Bureau of Labor Statistics in the United States of America showed that the Consumer Price Index (CPI), which measures inflation, rose by 0.1% in March, after rising by 0.4% in February, to come in below expectations, while the main index, excluding food and energy prices, rose to 0.4%, compared to By 0.5% in February....
View MoreUS inflation numbers and the Federal Reserve report are the most important events of the current week Will the Bank of Canada be the first bank to cut interest? Separate economic data With the absence of most of the global financial markets today, Monday, on the occasion of the Easter holiday, attention is directed during the sessions of this week...
View MoreThe report issued by the United States Bureau of Labor Statistics moments ago showed that 236,000 jobs were added in March, compared to the addition of 311,000 jobs in February's reading, better than market expectations that indicated the creation of 228,000 jobs. On the other hand, unemployment rates declined to 3.5% from 3.6%, better than expectations, coinciding with the rise...
View MoreStatistics Canada announced that the Canadian economy added 35,000 jobs in March, an increase of 0.2%, compared to adding 21,000 jobs in February, while expectations were to add 10,000 jobs. On the other hand, the unemployment rate stabilized at 5.0%, while it was expected to rise to 5.1%, while the total working hours increased by 0.4%, and increased by 1.6%...
View MoreThe American private sector added about 145,000 jobs in March, according to figures released moments ago by the ADP, after adding about 261,000 jobs in the revised February reading, while expectations were for the addition of 208,000 jobs, while the annual wage rate increased by 6.9%. In the details, the commodity production sector added about 70,000 jobs, as the construction...
View MoreThe Reserve Bank of New Zealand raised interest rates by 50 basis points, to reach 5.25% from 4.75%, while expectations were for a 25 basis point hike in the bank's meeting that took place this morning, Wednesday, April 5th, to keep interest levels at their highest levels in 14 years. The interest statement stated that inflation is still very high...
View MoreThe Reserve Bank of Australia kept its monetary policy unchanged and kept interest rates at 3.60% at the bank's meeting that took place this morning, Tuesday, the fourth of April, after they settled at their highest levels since May 2012. And the interest statement issued by the bank stated that the decision comes after cumulative increases in interest rates that...
View MoreThe US dollar declined for the fifth week in a row OPEC confuses the opening markets The Australian and New Zealand Bank meeting is the most important event of the week's session US labor market numbers conclude the week's end Separate economic data After inflation figures from Australia and the eurozone topped last week's events, financial markets return in a...
View MoreData released moments ago by the US Bureau of Economic Analysis showed an increase in US personal income by $9.72 billion in February, or 0.3%, while the PCE index, the preferred indicator for measuring inflation for the US Federal Reserve, rose by 0.2% on a monthly basis. On the other hand, the main excluded index rose. of food and energy...
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