Archive for December 6th, 2019

Foreign Exchange Insights and Next Week

Next Week’s Menu: December 7-13

December 6, 2019

Central Banks: The Federal Reserve and European Central Bank head a crowded field of monetary policy reviews next week that also includes central banks in Brazil, Switzerland, Russia, Ukraine, Turkey, Peru, Serbia and the Philippines. The Fed’s Open Market Committee and ECB Governing Council will be updating their macroeconomic forecasts, and Fed Chairman Powell and […] More

New Overnight Developments Abroad - Daily Update

Unexpected Leap in U.S. Employment Last Month Dominates Friday’s News

December 6, 2019

U.S. non-farm payroll jobs increased 266k in November. Not since January had NFP risen so sharply, and the rises in September-October were revised upward by a combined 41k as well. Even with the resolution of the GM strike, these figures dwarfed expectations. Moreover, the jobless rate fell back 0.1 percentage point to a multi-decade low […] More