U.S. labor statistics
Economic Recoveries Restrained by Worker Fears of Catching Covid
September 3, 2021
U.S. August labor statistics highlight a mix of weakening jobs growth and strengthening upward pressure on prices. Non-farm payroll jobs rose only 235k, about a third as much as was forecast. This undershoot overwhelmed a combined 132k upward revision of jobs growth in June-July. Although the unemployment rate and under-employment rate dropped by 0.2 and […] More
Trade Tensions Trigger Stampede Out of Risk
August 2, 2019
U.S.-China trade talks do not appear to be going well, and U.S. June trade data didn’t help investor confidence that the problem may get resolved. Stock markets and sovereign debt yields tumbled around the world, as investors ran from riskier assets. Among currencies, traditional safe havens like the yen (up 0.8% against the dollar overnight) […] More
U.S. Jobs Statistics to Dominate this Friday Session
October 2, 2015
Ninety minutes ahead of the U.S. labor force report, the dollar shows small gains of 0.3% against the yen and 0.2% relative to the euro and Swiss franc. The U.S. currency is unchanged against the Australian dollar and down 0.1% versus the loonie, kiwi and sterling. Analysts look for U.S. employment growth in September of […] More
Dollar Sets New 2013 Highs against Several Key Currencies
March 8, 2013
Investors’ appetite for risk was fortified today by China’s trade figures and the U.S. Labor Department jobs report. 1.2955 per euro, JPY 96.57, CHF 0.9547 and 1.4885 per pound constitute new dollar highs in 2013 reached today. The dollar since Thursday’s close has risen 1.3% versus the yen, 1.0% against the kiwi and Swiss franc, […] More
