Archive for February 2nd, 2024

Foreign Exchange Insights and Next Week

Next Week’s Menu: February 3-9, 2024

February 2, 2024

Central Banks: Reviews of monetary policies are scheduled next week in Australia, Thailand, Mexico, India, Poland, the Czech Republic, Iceland, Serbia and Moldovia. The Reserve Bank of Australia’s quarterly Monetary Policy Statement will be published. St. Louis Fed District President Bullard, Bank of Canada Governor Macklem, and Bank of England Monetary Policy Committee member Mann […] More

New Overnight Developments Abroad - Daily Update

Anatomy of An Hour After U.S. Jobs Report Exceeds All Imagined Scenarios

February 2, 2024

The January U.S. Labor Department jobs situation data depict a much hotter labor market to start 2024 than conceived previously. The consensus forecast of a 180k rise in nonfarm jobs in January was more than met by a combined 186k upward revision to fourth-quarter employment growth resulting from annual benchmark revisions. Plus, the January 2024 […] More

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