Australian wage inflation

Some Weaker-Than-Expected European Data

February 21, 2018

Preliminary February purchasing manager survey estimates from the euro area and the latest British labor statistics were softer than forecast. The next significant market-moving event will be the release of FOMC minutes at 19:00 GMT today. The dollar rose 0.4% against the Aussie dollar and sterling, 0.2% relative to the loonie and 0.1% versus the […] More

Some Tellingly Soggy Data Results

November 14, 2012

Industrial production in the euro area slumped 2.5% on month in September.  Output was 1.3% than the average 3Q12 level and 2.3% weaker than a year earlier. British labor statistics suggest more softness.  The claimant unemployment count jumped 10.1K in October, its biggest monthly rise in 13 months.  Average weekly earnings growth in 3Q of […] More