The Fed, as expected, didn’t rock the boat with a rate hike; nor did it back down from its stance to raise rates this year. So what else is new? Well, the Fed address the high volatility in the financial…
The U.S. non-farm payroll showed a much better than expected headline figure: 292K jobs were added in December. The ADP report estimated 257K jobs were added and the market expectations were set much lower at 203K for December. The growth…
The BEA released U.S. GDP (third and final estimate) for Q3 2015: The growth rate reached 2% – 0.1 pp higher than market expectations. In the second estimate the GDP growth rate was 2.1%. And in Q2, the GDP grew…
The recent meeting by the FOMC ended, no much surprise there, with the historic rate hike. But because the FOMC has been preparing us for the hike for such a long time, the reaction in the market was quiet subdue…
The U.S. non-farm payroll presented a slightly higher than expected: 211K jobs were added in November. The ADP report estimated a gain of 217K jobs and the market expectations were at 201K for November. The growth in wages also rose…
The BEA published U.S. GDP (second estimate) for Q3 2015: The growth rate reached 2.1% – 0.1 pp above market estimates. In the first estimate the GDP growth rate was only 1.5%. And in Q2, the GDP grew by 3.9%.…
The U.S. non-farm payroll report showed a much higher than anticipated gain in jobs with 271K jobs added in October. The ADP report estimated an increase of 182K jobs and the market expectations were at 179K for October. The growth…
The Fed adopted a more hawkish stance and this has implications for the USD, stocks and commodities all the way to the December. We begin by analyzing the statement, continue with discussing US growth in a new light, looking at China…
The BEA released its update on the U.S. GDP (first estimate) for the third quarter: The growth rate reached 1.5% in Q2 – only 0.1 pp lower than market expectations. But this news came after the Fed released a relatively…
So the Fed, no surprise here, decided to keep rates unchanged in its penultimate meeting for the year. The Fed also noted that it will decide whether it will raise rates in December — since the Fed mentioned December many…