Archive for July 5th, 2013

Foreign Exchange Insights and Next Week

Next Week

July 5, 2013

Central banks in Japan, South Korea, Indonesia, Brazil, Mexico, Chile, Thailand, Malaysia, and Serbia have scheduled intrest rate policy meetings in the week to July 12.  FOMC minutes, the ECB Bulletin, and the Bank of Japan’s monthly economic assessment get published.  ECB Pdt Draghi testifies in the EU Parliament on Monday, Fed Chairman Bernanke gives […] More

Deeper Analysis

Comments on U.S. and Canadian Jobs Data

July 5, 2013

The wire service headlines told the good news from the U.S. jobs report.  Employment in June, up 195K, was 30K more than forecast, while revisions to April and May levels identified 77K more workers than counted previously.  Growth in private-sector employment exceeded 200K in both May and June.  Jobs grew by a decent 1.7% over […] More

New Overnight Developments Abroad - Daily Update

U.S. and Canadian Jobs Day

July 5, 2013

Folks who took Independence Day off missed a lot of excitement, as both the European Central Bank and Bank of England took steps to control bond market damage caused by talk of Fed tapering.  See my reviews of the ECB and BOE actions.  Attention today now turns to the U.S. Labor Department employment report due […] More