JOLTS job openings fell modestly in November. The US Dollar DXY Index extends its sideways move near 90.50. The number of job openings on the last business day of November was 6.5 million, compared to 6.6 million in October, the US Bureau of Labor Statistics announced in its latest Vacancy and Job Rotation Summary (JOLTS) […]
Tag: job
The US dollar index turns negative around 89.70
DXY loses momentum and returns to levels below 90.00. US non-farm payrolls stood at -140,000 in December. The US unemployment rate was unchanged at 6.7%. The dollar, when measured by the US dollar index (DXY), it trades on the defensive and returns to the 89.70 / 65 zone. US Dollar Index Slashes Gains Following NFP […]
62,600 jobs lost in December, worse than expected
He Net change in employment in Canada in December was negative at 62,600. The market consensus was for a negative but less magnitude reading of 27,500. In November there had been a positive variation of 62,100. It is the first drop in employment since April. The detail highlights that the jobs part time were reduced […]
The unemployment rate falls to 8.3% in November, improving the 8.5% expected
The unemployment rate fell in the euro zone and the EU in December. The EUR / USD pair continues to trade in negative territory below 1.2250. The seasonally adjusted unemployment rate in the euro area fell to 8.3% in November from 8.4% in October, data published by Eurostat showed on Friday. This reading was better […]
“Recovering employment is essential to return to confidence in 2021”
Consumer credits have been an important tool for reactivating the economy in the midst of a pandemicBut big challenges are faced as consumption has plummeted and there is uncertainty about the economic outlook. The purchase of goods and services has plummeted and in the second quarter of 2020 there was a 20% drop in new […]
Initial claims for unemployment benefits drop to 787,000, minimum in five weeks
The U.S. Department of Labor reported that initial weekly jobless claims they fell by 3,000 in the week ended Jan. 2 to 787,000, the lowest level in five weeks. The market consensus was for an increase to 800,000 Regarding the continued orders, fell by 126,000 to 5,072,000 in the week ended December 26, marking a […]
GBP / USD remains stable above 1.3600, lateralized after ADP report
GBP / USD struggled to hold its intraday gains at two-day highs around the 1.3670 region. A modest intraday rebound in the USD was seen as a key factor putting some pressure on the pair. The disappointing US ADP report limited the USD recovery attempt ahead of the FOMC Minutes. The pair GBP/USD it fell […]
Private sector unexpectedly loses 123,000 jobs in December according to ADP
ADP’s report on employment in the US private sector showed figures below expectations. The market consensus was for an 88,000 increase in jobs and the figure was negative at 123,000 for December. In other words, jobs were unexpectedly destroyed. The dollar was unchanged in the market. Traders appear to have ignored the report, focusing on […]
On the minister’s intentions
We began the year with a triple announcement from Minister MarÃa Jesús Montero. The first, the creation of a committee of experts to advise on the comprehensive reform of the Spanish tax system. We need it; and a lot. We have spent decades of patches and fixes, without going deep, without adapting the system to […]
Initial jobless claims unexpectedly fall to lows in four weeks
The U.S. Department of Labor reported that Initial claims for unemployment benefits fell by 19,000 in the week ended December 26 to 787,000. The data was better than expected, since the market consensus was for an increase to 833,000. It is the lowest figure in the last four weeks. Regarding the continued ordersThese also showed […]
