U.S. Labor Data Beats Forecasts, Unemployment Rate Falls Again
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Read MoreThe Aussie Dollar gained against the U.S. Dollar after the release of positive economic reports from Australia. Australian trade surplus increased to 1.7 billion Australian dollars in December. This was much higher than analyst...
Read MoreThe private sector ADP report showed that 170,000 jobs were created in the month of January. This completes two years of job gains mostly led by small businesses and the services sector. Overall the labor market is on the path...
Read MoreChinese data showed that manufacturing has struggled in January. The Chinese PMI printed at 50.5 in January. This showed that manufacturing activity neither expanded nor contracted in January. Economists expect that Chinese...
Read MoreA new month opens with a sell-off in the Euro, which hit hard and fast and continues to show signs of retreat. What caused it specifically isn’t clear, though a predominantly bearish sentiment is not unusual given that the...
Read MoreJapan reported that industrial production rose 4.0% in December. This was much better than analyst expectations of a rise of 2.8%. This follows a 2.7% drop in November and is a positive sign for the Japanese economy. Japanese...
Read MoreOn Monday, the yield on the 5-year Portuguese note spiked. The yield hit a record for the post-euro era of 22.69%. The trade may have been fueled by the turn of events in Greece. The general perception of the market may be to...
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