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Labor Market ConditionsTitle:
Asian stocks drop as Greece failed to meet the deadline; focus remains on Europe
As Greece failed to meet Monday’s deadline and did not decided on the terms of a new bailout that will secure the 130 billion euro, the prospects of a default in March widened, which could threaten other euro zone countries. As conditions in Europe may be deteriorating, the outlook for the global recovery is worsening.
This is also making the outlook for the Asian economies gloomy and may lead to more cuts in profit forecasts by companies; thereby investors in Asia lost their appetite for risk ...
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Greece wrangling tempers market momentum; RBA holds rates
(Reuters) - Greek resistance to the strict conditions attached to a bailout fund on Tuesday sapped recent momentum in markets spurred by hopes the global economy is improving, and the euro fell on renewed fears of a messy debt default.
The Australian dollar leapt to a six-month high but stocks turned negative after the central bank held rates steady at a review when markets had positioned for a rate cut.
Opinions were divided over whether the wrangling over Greece's debt restructuring talks ...
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Weekly Economic and Financial Commentary : 05/02/2012
Weekly Economic and Financial Commentary : 05/02/2012
U.S. Review
Off to a Good Start for the Year
The employment report for January showed that 243,000 jobs were added with the unemployment rate declining slightly to 8.3 percent. The details of the report however, suggest that unseasonably warm weather may be playing a role in the stronger job gains.
The ISM-Manufacturing Index posted a marginal improvement in January as new orders jumped for the month. Export orders also posted a ...
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Positive signs from Europe in January; beating the debt-crisis is still possible
Another positive week for Europe comes to an end; however, we can see the European common currency ended this week with losses as the unexpected cheerful jobs report for the world's largest economy sent the euro to the downside as the U.S. dollar gained momentum on stronger recovery prospects and better projections for economic growth.
This critical week was in focus during the entire sessions, where this week contained the European Summit in addition to the several important fundamentals from ...
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This week the US provided the global market with an unexpected surprise; its jobs report
This week like no other since that the year 2012 started has provided the global market with a truly cheerful and unexpected jobs report to boost optimism throughout the stocks market and regarding the rest of the year regardless of the unending hardened conditions witnessed locally on the U.S soil and globally on the neighbor's territory; Canada, along with many other major economies.
In fact this week awaited Jobs Report came out extremely cheerful unlike and much above the market pessimistic ...
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Today's jobs report was truly a surprise…
The Jobs Report came out today extremely cheerful unlike and much above the market pessimistic forecasts to accordingly confirm that the nation's major obstruction; the labor market, is starting to truly heal and will most probably show further enhancement throughout this new year and therefore by the end of this year this sector may stop being a major factor behind the postponement of a full revival.
In truth be told, the current jobless rate of January plunged to 8.3 percent; the lowest level ...
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The superpower's labor market continuous deterioration may be slightly easing but remains nowadays m
Today is the day that traders and overall people were patiently waiting for since the Jobs Report will be released to actually give us a hint on the current health of the world's leading economy, knowing unfortunately that the key sector; the labor market remains deeply deteriorated despite slight signs of enhancement, which will therefore continue on postponing a full strong recovery from the recession to be witnessed throughout the country.
In truth be told, the present recovery path gained ...
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YouTradeFX Daily Market Analysis : 02/03/2012
Fundamental News:
Today's highlight;
Nonfarm Payrolls + Unemployment Rate (U.S, 13:30 GMT)
Unemployment Rate (CAD, 12:00 GMT)
Retail Sales (MoM) (EUR, 10:00 GMT)
New unemployment claims in the U.S. fell to a lower level than most experts had expected, according to figures released Thursday by the Labor Department. Initial claims for unemployment came in at a seasonally adjusted level of 367,000 from the previous week's revised figure of 379,000. U.S. labor productivity increased ...
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The US initial jobless claims could have plunged faintly
Similar to yesterday, further labor data will be released today ahead of tomorrow's awaited jobs report and will most probably show that the country's jobless claims fell slightly last week yet the overall current labor conditions of the superpower remain far from a full revival and therefore continue on postponing the superpower's recovery and limit overall sectors activities enhancement.
In fact even if today's jobless claims show a cheerful slight decline the overall labor portrait remains ...
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