The recent NFP report wasn’t far off the market estimates as 223K jobs were added back in June, albeit the overall it wasn’t too impressive with lower participation rate and no gain in wages. But for this week the main…
Greece tops the headlines and for good reasons. The reverberations go well beyond the debt stricken country. And from one such country to the other, we move to Puerto Rico and make the necessary comparisons. We then cover the NFP and…
The U.S. non-farm payroll report showed a gain of 223K in June – close to market expectations. The ADP report estimated an increase of 237K jobs and the market expectations were at 231K, for June. The main sectors that expanded…
The unlikely has finally happened: Greece has officially missed out on its 1.5 billion euros to the IMF. As a result the IMF also reported it will cut off any IMF financing until Greece pays back this sum. So Greece…
After a slow movement of gold and silver prices throughout most of the month, their prices took a turn and fell last week on account of the strengthening of the US dollar against the Euro and Yen. The Greeks, much…
It was supposed to be short week that will focus on the latest non-farm payroll report, alas the Greeks will take center stage again as they will have a referendum on the proposed bailout plan set on July 5th. Athens plead…