Unemployment rate will affects USDCAD
This Friday the Statistics Canada office will report on the evolution of employment in the last month in the country. Positive data is expected, which could have a strengthening impact on USDCAD. In the period April and May, employment fell and doubts arise regarding the measures taken by the Bank of Canada to evaluate measures […]
Oil prepares for major annual correction
In the last hours, oil suffered very strong falls in its price after reaching all-time highs. After the crisis of the year 2020 on consumption and the serious losses generated in this commodity, prices managed to reposition themselves to even levels prior to the pandemic. Consumption has recovered steadily and continuously after vaccination campaigns and […]
Dollar sellers return in July
July began with liquidations of market positions in the dollar. The employment data on Friday surprised with results that were above forecasts. Despite this, the market was in charge of discounting the information in the previous days and took advantage of the employment data to attack the unsuspecting buyers of the dollar. The final situation […]
NFP: what to watch out for this Friday.
On Friday, the US Bureau of Employment Statistics will release the unemployment rate and nonfarm payrolls. The data that will be available from this Friday will have an impact on the markets. The relevance of the data derived from the importance of the recovery of employment in the United States for the definition of changes […]
US economic activity continues to expand
This week we will have available the results of the economic and productive activity for the month of May in the United States. On the one hand, the PMI data will be presented on Thursday and, on the other hand, the non-farm payroll data on Friday. What to expect from PMI? The data that will […]
PMI and American Employment High Impact Of The Week
High impact week from Thursday. US Production Data Stable manufacturing activity data is expected within the month of June. The dollar closed sell on the day of Friday, June 25. We expect stable US production data this week. On Friday we expect a correction in the dollar (rise) thanks to a possible rise in job […]
HIGH IMPACT: PMI for Germany and the US
This Wednesday the PMI data for countries such as Germany and the United States will be released. Both economies will receive preliminary data for the indicator in manufacturing and services. Higher than projected results are always positive for the currency. For the current projection, positive and elevated results are expected to remain, however, with a […]
loss in crude oil prices: BRENT and WTI
Oil prices have been experiencing heavy losses in the last 24 hours after reaching highs in almost two years. Weekly political and economic events are affecting expectations about WTI and BRENT international benchmarks. It is known that in the face of political events of international relevance, generate economic expectations that are absorbed in prices and […]
US Employment Update: NFP and Unemployment Rate
This Friday as every month, the non-farm payrolls and the unemployment rate corresponding to the month of May in the United States will be known. The context of the data is marked by the results of both the manufacturing PMI and the services PMI of that country. The data that will be published in the […]
after the interest rate, Australia’s GDP will be published.
The Reserve Bank of Australia will publish the change in GDP for the first quarter of the year in the next few hours. The data will arrive hours after the publication of interest rates. The Reserve Bank’s measures are aimed at recovering the rhythm of economic growth, achieving full employment and inflation in line with […]