Labor market

  • The week ahead (2-6 October)

    2 Oct 2017 11:18 AM |

    The US dollar succeeded in stabilizing higher than an important support at the end of the third quarter of 2017, as the dollar index rose from 92.40 after it continued its decline since the end of the first quarter of the year, reaching the lowest level since January 2015 at 90.97.

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  • Highlights of the RBA's monetary policy meeting minutes

    19 Sep 2017 11:15 AM |

    The following are the highlights of the Reserve Bank of Australia's monetary policy meeting minutes in September:

    • There is a need to balance the risk of rising household debt and lower inflation.
    • The rise in the Australian dollar was driven by a decline in the US dollar, which could weigh on domestic growth and inflation.

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  • Daily wrap up – 14 September

    14 Sep 2017 06:58 PM |

    The three major indexes of US stocks fell today, from their highest levels in yesterday's closing, following positive inflation data that boosted the chances of a rate hike soon. The consumer price index rose more-than-expected in August, the biggest reading in seven months, by 1.9 % on yearly basis.

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  • Daily wrap up – 13 September

    13 Sep 2017 06:01 PM |

    The dollar rose significantly in today's trading following news of tax reforms announced this month as the dollar index rose from a daily low of 91.67 to currently trade at 92.38, while the USDJPY rallied to its highest level since August 16 at 110.68.

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  • NAB expects Australian interest rate hike twice in 2018

    13 Sep 2017 04:14 PM |

    The National Australia Bank revised its expectations for the Reserve Bank of Australia's monetary policy and after it had expected a rate cut twice, it now expects the central bank to raise interest rates in August 2018 by 25 basis points, in November 2018 by 25 basis points, as well as a double rate hike in 2019.

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  • British unemployment is falling to its lowest levels and fails to spur wages to rise

    13 Sep 2017 11:58 AM |

    British unemployment fell to lowest level is 42 years of 4.3% in the three-month to July, it is the lowest reading since 1975, from a previous 4.4%. Employment levels rose by 181,000 jobs in the last three months to 32.1 million, the strongest since the last quarter of 2015, with employment rate rising to new record highs of 75.3%.

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  • The week ahead (11-15 September)

    11 Sep 2017 09:30 AM |

    This week the markets are looking at many important economic data that will have an impact on market movements. Below are the highlights of these events and data.

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  • The strength of the labor market reinforces the hopes of the Japanese economy getting out of recession

    29 Aug 2017 12:24 PM |

    Japan's consumer spending unexpectedly fell in July despite a continuing improvement in the labor market, providing some hope for faster wage growth and thus helping the world's third-largest economy to get rid of long decades of deflation.

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  • US jobless claims rise to 234,000

    24 Aug 2017 04:18 PM |

    Initial jobless claims rose slightly to 234,000 in the week ending Aug. 19 from 232,000 in the previous week. The reading was lower than expectations, which indicated a rise to 238K applications, and today's reading is the second lowest week since May.

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