Canada Unemployment Rate Steady at 6.4% in July – WSJ
Canada’s job market remained in a stall last month with the unemployment rate remaining almost a percentage point higher than a year ago, further evidence...
Category : News En
Week Ahead for FX, Bonds: Focus on U.S. Inflation Data – WSJ
The most important global events likely to affect FX and bond markets in the week starting Aug. 12. Data on U.S. inflation and other U.S....
A global recession is not in prospect – The Economist
Aweak jobs report in America has raised fears that the world’s largest economy is heading for recession. America’s stockmarkets have tumbled, with fear spreading to...
Why Jay Powell refuses to be bullied by Wall Street – CNN
Finance Bro Summer is officially winding down. The sun rises later and sets earlier on the streets of FiDi, and the TikTokers looking for a...
Mortgage Rates Drop to 15-Month Low – WSJ
Mortgage rates fell to the lowest level in more than a year, raising hopes for relief in the battered U.S. housing market. The average rate...
Should central bankers argue in public? – The Economist
Jerome Powell’s tenure as chairman of the Federal Reserve has been admirably sure-footed. But on July 31st he may have stumbled when he announced that...
Jobs market and pay growth are cooling off, large UK employers and recruiters warn – The Guardian
The UK’s largest employers have warned the jobs market is cooling amid a slowdown in wage growth in July and a fall in vacancies, extending...
The Federal Reserve will not let markets dictate a rate cut – The Financial Times
Global stock markets are in turmoil, jolted by a disappointing US jobs report last Friday. Speculation is rife, as always in the wake of such...
UK recovery ‘will accelerate and force Bank to keep interest rates higher for longer’ – The Guardian
The UK’s economic recovery will accelerate over the next year, forcing the Bank of England to keep interest rates higher for longer, according to the...
A US soft landing remains in play – The Financial Times
After a dramatic sell-off, relative calm has returned to global financial markets — for now at least. Behind the jitters are investors who are questioning...