United States Closes Its Year With Less Than 5% Unemployment
The United States closes its year with unemployment of 4.2% from 6.7% in January 2021. The final production of the services sector closes this 2021 with 69.1% increasing from 57.2%. Both data gave a weekly close with a strong dollar only at the USDCAD cross. The rest of the fx crosses were kept out of […]
Employment in Canada: On the Road to Recovery
This Friday the Statistics Office of Canada will report the country’s employment data and the evolution during the month of August. It will be the main data for the Canadian economy, since this Wednesday the Bank of Canada, as expected, decided to maintain its policy. The Bank of Canada chose to keep the asset […]
The European Central Bank is challenged by inflation.
Fabio Panetta Member of the Board of Directors of the ECB: The European Central Bank should not accept any further delays in raising inflation to its target, as the current outlook is unsatisfactory and persistent failures can damage the economy. The ECB has already exceeded its target of almost 2% for eight years and its […]
Australian Interest Rate, FOMC and Canadian Employment This Week
At 1:30 am on Tuesday we start with the Australian interest rate. A maintenance of 10 basis points is expected. The main AUDUSD crossover will finally have a winner in the 0.76 zone. We maintain a preference over buyers for this event. Wednesday 3:00 pm Eastern we continue with the FOMC meeting. The expectation for […]