FED and Canadian employment data this week
Last Friday’s job payrolls beat forecasts for a drop in US unemployment. With a result of 3.6%, American employment remains active, but not the creation of new jobs, which still does not exceed 500,000 new jobs. The effectiveness of the Fed’s communication appears to be working. This means that after a 25bp hike to start […]
Market projections March 21 to 25
Russian President Vladimir Putin put his nuclear forces on high alert in late February and warned NATO not to interfere in Ukraine. Secretary of State Antony Blinken has repeatedly said the United States is ready to defend any Russian incursion into NATO territory. A clash between the world’s two biggest nuclear powers is the nightmare […]
Interest rate hike this week: United States and United Kingdom
The European Central Bank has removed language suggesting rates could be lower than they currently forecast. In addition, he abandoned the promise to end APP “a short time” before rates rise. It also announced a faster liquidation of its asset program. PEPP will still end in March. However, it will now only buy €40bn worth […]
Ukraine and Russia conflict and impact on monetary policy
Federal Reserve officials are wary of a Russian invasion of Ukraine, though several have said in recent days that geopolitical tensions are unlikely to stop them from withdrawing support for the US economy. The job market is booming and prices are rising fast. This week positive US employment data is expected with a drop of […]
US production, FOMC and employment reviews next week.
This week the first revision of the economic situation in the United States is expected after the holidays. Today, January 2, more than 3,600 flights have been canceled worldwide, more than half of them in the United States, which adds to the number of travel interruptions during the holiday week due to adverse weather and […]
US GDP, FOMC and consumer confidence
Powell argues that the US recovery continues to go on despite the Delta variant. He will probably acknowledge this Wednesday that the Committee would begin discussions on plans to gradually reduce stimuli. It will also signal that it will reach the standard of »further substantial progress« is still »far away«. “Real GDP in the United […]
Trading of the week, NFP May.
President Joe Biden submitted his budget request for fiscal year 2022 to Congress on Friday. The first formal budget of his presidency and a strong departure from his predecessor, Donald Trump. Biden’s budget incorporates his two flagship national proposals, the American Family Plan and the American Jobs Plan, neither of which have been seriously debated […]
The recovery of employment, inflation and consumption: challenges of the second quarter in the economies
The market week that passed was defined by the increase in inflation in the United States of 0.8% and the fall in retail sales of 0.5% projected to a result of -0.8%. These data left the dollar at its lowest levels of its main crosses. The impact on inflation and the lack of incentive of […]
Trading projections for May 10-14
Week of annual market highs and lows await us next week. The bad American data finally revealed the final direction of the dollar. Economists expect to see job creation on the rise as more Americans get vaccinated and the economy picks up. The reality is that with government aid bonds the average American finds little […]