Archive for May 8th, 2015

Foreign Exchange Insights and Next Week

Next Week

May 8, 2015

Central Bank Activity:  Interest rate policy meetings are scheduled next week in the U.K., Iceland, South Korea, Chile, Peru, and The Philippines.  The governors of the Bank of England, Bank of Japan and Reserve Bank of New Zealand will be delivering speeches, and the Bank of England’s quarterly Inflation Report and minutes from the last […] More

Deeper Analysis

Latest U.S. Labor Market Trends

May 8, 2015

The pace of labor market recovery has slowed in several respects. The percentage rise in nonfarm payroll employment over the first four months of 2015, 1.66% at an annualized rate, was slower than its advances during the first third of 2014, 2013, 2012, and 2011. Nonfarm payroll jobs increased less during the three months to […] More

New Overnight Developments Abroad - Daily Update

Post-Election Rise in Sterling ahead of U.S. Jobs Report

May 8, 2015

Britain’s election did not result in a hung parliament as had been feared.  The Conservatives were reelected with a majority of 323 seats, gaining 22 on balance.  The Scotch National Party carved support away from Labour, whose seat tota fell by 23 to 229.  The Liberal Democrats lost 85% of its seats to a mere […] More