Market News Recap
Friday's News Recap: U.S. Nonfarm Payrolls Fall 20k, Fed Increases TAF to $75B
News Recap | Written by CEP News | May 02 08 20:21 GMT |
(CEP News) - The major release of the day was the highly anticipated U.S. nonfarm payrolls report for April, which showed employment fell for the fourth consecutive month, shedding 20k jobs. Also today, the Federal Reserve announced it is increasing the size of its TAF Auction to $75 billion and data showed U.S. factory orders grew 1.4% in March.
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Midday News Recap: U.S. Nonfarm Payrolls Fall 20k, Fed Increases TAF to $75B
News Recap | Written by CEP News | May 02 08 14:55 GMT |
(CEP News) - The major release of the morning was the highly anticipated U.S. nonfarm payrolls report for April, which showed employment fell for the fourth consecutive month, shedding 20k jobs. Also this morning, the Federal Reserve announced it is increasing the size of its TAF Auction to $75 billion and data showed U.S. factory orders grew 1.4% in March.
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Midday News Recap: U.S. Nonfarm Payrolls Fall 20K Jobs, Fed Increases TAF to $75
News Recap | Written by CEP News | May 02 08 14:55 GMT |
(CEP News) - The major release of the morning was the highly anticipated U.S. nonfarm payrolls report for April, which showed employment fell for the fourth consecutive month, shedding 20k jobs. Also this morning, the Federal Reserve announced it is increasing the size of its TAF Auction to $75 billion and data showed U.S. factory orders grew 1.4% in March.
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Overnight News Recap: Aussie Retail Sales Above Forecasts, German Sales Tumble
News Recap | Written by CEP News | May 02 08 10:36 GMT |
(CEP News) - Australian retail sales beat the consensus forecasts, but Germany was not so lucky, with monthly sales declining despite calls for an increase. Meanwhile, the preliminary manufacturing PMI for the euro zone was unexpectedly revised down and markets heard from Finnish Central Bank President Erkki Liikanen.
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Thursday's News Recap: U.S. ISM Manufacturing in Slowdown, BOC's Carney Speaks
News Recap | Written by CEP News | May 01 08 20:51 GMT |
(CEP News) - It was another steady morning of economic releases from the U.S., with data showing rising weekly jobless claims, national manufacturing activity still in slowdown mode and a faster-than-expected rise in Core PCE deflator. In Canada, Bank of Canada governor Mark Carney said there are no signs of stagflation in the economy.
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