US Employment Report Contrasts with Canada’s Supposedly Positive Shocker
US Employment Report Largely in-line with Expectations, Contrasts with Canada’s Supposedly Positive Shocker. USDCAD Drops through 1.1600.
US unemployment rate jumps to 8.9% - highest since 1983. EURUSD trades above 200-day moving average.
MAJOR HEADLINES – PREVIOUS SESSIONSwitzerland Apr. Unemployment Rate rose to 3.5% as expected and vs. 3.4% in Mar. Germany Mar. Trade Balance out at […]
PCE In Line With Expectations
PCE In Line With Expectations
U.S. Core PCE Price Index (Mar) Actual 0.2%, Expected 0.2%, Previous 0.2% U.S. Personal Spending (Mar) Actual -0.2%, Expected -0.1%, Previous 0.4% (Revised from 0.2%) U.S. Personal Income (Mar) Actual -0.3%, Expected -0.2%, Previous -0.2%
Release Explanation: Core Personal Consumption Expenditures (PCE) measures price changes in […]
Wholesalers Showed Progress with Inventories in February
Wholesalers Showed Progress with Inventories in February
Inventories of merchant wholesalers fell 1.5 percent in February - the largest drawdown since records began—far exceeding expectations. The liquidations that were bound to happen following a period of extremely weak demand have picked up speed. We expect March data to show a similar outcome, combining for […]