Fed’s Kugler says she views inflation as a bigger risk right now than employment
Inflation will be the first order effect, the other effects will be down the road Haven’t seen the full extent of impact of tariffs on prices This has a hawkish…
Read More »US April non-farm payrolls +177K vs +130K expected
Prior was +228K Two-month net revision: -58K versus -8K prior Unemployment rate: 4.2% versus 4.2% expected Prior unemployment rate: 4.1% Unrounded unemployment rate: 4.1872% versus 4.1519% prior Participation rate: 62.6%…
Read More »Treasury quarterly refunding coupon auction sizes unchanged
Will continue to sell $42 billion in 10s This article was written by Adam Button at www.forexlive.com.
Read More »US February PCE core +2.8% y/y vs +2.7% expected
Core PCE (excluding food & energy): Prior was +2.6% (revised to +2.7%) Core m/m +0.4% vs +0.3% exp Unrounded core PCE +0.38% vs +0.285% m/m prior PCE excluding food, energy…
Read More »Trump’s Treasury Secretary will be a George Soros disciple or a gold bug – report
An earlier report highlighted John Paulson and Scott Bessent as possible candidates for Treasury Secretary and now Reuters sources say those are the leading candidates. I wrote about Paulson earlier…
Read More »Canada August new housing price 0.0% vs +0.2% prior
Prior was +0.2% Prices were unchanged in 13 of the 27 census metropolitan areas Prices increased in 8 Prices declined in the remaining 6 The index was unchanged on a…
Read More »Canada May advance wholesale trade -0.9%
Prior was +2.4% The decline reflects lower sales in the motor vehicle and motor vehicle parts and accessories subsector, according to Statistics Canada. It’s a big drop but comes after…
Read More »US equities finish the week on a soft note
It was quad witching in the equity market and that played a big role in today’s trading. S&P 500 down 0.2% Nasdaq Comp down 0.2% Russell 2000 up 0.2% DJIA…
Read More »News is making people miserable
At ForexLive, we work in the news business and I make it our mission to deliver news and analysis that can help people make money in financial markets, or at…
Read More »US household versus establishment employment surveys
Here’s a great chart from BMO showing the consistent jobs growth in the establishment survey compared to the household survey showing net job losses since June. On both charts, BMO…
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