Tag Archives: jobs

Swiss Franc The Euro has fallen by 0.09% to 1.0528 EUR/CHF and USD/CHF, May 08(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The S&P 500 closed near its session lows for the third day running yesterday but failed to deter the bulls in Asia-Pacific, where most markets rose by more than 1%. Taiwan, Korea, and Australia lagged a bit though closed higher.  Europe’s Dow Jones Stoxx 600 is firm, and the modest...

Swiss Franc The Euro has fallen by 0.40% to 1.0581 EUR/CHF and USD/CHF, March 06(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The sharp sell-off in US equities and yields yesterday is spurring a mini-meltdown globally today. Many of the Asia Pacific markets, including Japan, Australia, Taiwan, and India, saw more than 2% drops, while most others fell more than 1%. The MSCI Asia Pacific Index snapped the...

Swiss Franc The Euro has fallen by 0.07% to 1.0692 EUR/CHF and USD/CHF, February 7(see more posts on EUR/CHF, USD/CHF, ) Source: makets.ft.com - Click to enlarge FX Rates Overview: A more cautious tone is evident today in the markets, which seem to have run well ahead of macro developments and evidence that the new coronavirus is not yet contained. After a roughly 3.5% advance in the past three sessions, the MSCI Asia Pacific index pulled back with nearly the...

The Bureau of Labor Statistics (BLS) has begun the process of updating its annual benchmarks. Actually, the process began last year and what’s happening now is that the government is releasing its findings to the public. Up first is the Household Survey, the less-watched, more volatile measure which comes at employment from the other direction. As the name implies, the BLS asks households who in them is working whereas the more closely scrutinized Establishment...

Swiss Franc The Euro has risen by 0.06% to 1.0813 EUR/CHF and USD/CHF, January 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The first full week of 2020 is ending on a quiet note, pending the often volatile US jobs report. New record highs US equities on the back of easing geopolitical anxiety is a reflection of greater risk appetite that is evident across the capital markets. Asia Pacific equities mostly...

Full liquidity returns to the markets gradually in the coming days, and the week ahead culminates with the US December employment report. The highlights include the service and composite PMI readings, and December eurozone and China’s CPI. The UK reports December PMIs, November GDP, and industrial output figures. While the economic reports may pose some headline risk, the course of events suggests investors will look past the data. How the economies perform in Q1 20...

If last month’s payroll report was declared to be strong at +128k, then what would that make this month’s +266k? Epic? Heroic? The superlatives are flying around today, as you should expect. This Payroll Friday actually fits the times. It wasn’t great, they never really are nowadays (when you adjust for population and participation), but it was a good one nonetheless. November 2019, according to the BLS, was the first month since January to register better than...

Swiss Franc The Euro has risen by 0.26% to 1.0977 EUR/CHF and USD/CHF, December 6(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Asia Pacific equities closed higher today, with India being a notable exception. Hong Kong and South Korea led with 1% rallies. For the week, the MSCI index for the region advanced to snap a three-week decline.  European and US bourses have not fared as well. The Dow Jones Stoxx 600...

Swiss Franc The Euro has risen by 0.24% to 1.1023 EUR/CHF and USD/CHF, November 1(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: An unexpected increase in China’s Caixin manufacturing PMI helped lift Asia Pacific equities after the S&P 500 stumbled yesterday amid concerns that there will not be a phase 2 in US-China trade negotiations. The MSCI Asia Pacific Index rose 4.3% in October, and with the help of...

The week ahead will help shape the investment climate for the remainder of the year.  The highlights include three central bank meetings (Federal Reserve, Bank of Japan, and the Bank of Canada).  Among the high-frequency data, the US and the eurozone report the first estimates of Q3 GDP, and the US October jobs data and auto sales will be released.  Investors will also get the preliminary Oct CPI for EMU. A few hours before the FOMC meeting concludes on October 30,...