Unemployment

Fed’s Ideal Inflation Measure Rises, Claims at 45 Year Low

Fed’s Ideal Inflation Measure Rises, Claims at 45 Year Low

The rise in annual inflation is the latest sign of strengthening inflation pressures that could encourage the Fed to continue raising interest rates this year.

Fed Speakers in Focus After Friday’s Jobs Data

Fed Speakers in Focus After Friday’s Jobs Data

The jobs report was well received on Friday despite suffering that ONE same pitfall that has plagued the US recovery for years. . .

The Week Ahead: OPEC and US Jobs to Influence Markets

The Week Ahead: OPEC and US Jobs to Influence Markets

Market action was interrupted by various holidays around the world but overall the U.S. dollar continued to rebuild the momentum it had after the elections. The minutes from the U.S. Federal Reserve meeting in November sent a strong signal about a December rate hike. The CME’s FedWatch tool is showing a 93.5 probability of a rate hike on December 14. 

Pound Slide Resumes on ‘Hard Brexit’ Jitters

Pound Slide Resumes on ‘Hard Brexit’ Jitters

GBP/USD has resumed its downward slide on Thursday, following an uneventful Wednesday session. The pair has dropped over 100 points and is trading at 1.2640 in the North American session.

Market Events to Watch This Week: August 8, 2016

Market Events to Watch This Week: August 8, 2016

The U.S. non farm payrolls (NFP) report hit all the right notes with job gains, wage growth and small upticks in the participation rate leaving the unemployment rate steady at 4.9 percent but the biggest contribution was easing market fears about the slowdown of the American economy after a soft advanced gross domestic product (GDP).