Category: showed

  • Monthly UK jobs market report showed a significant slowdown in August

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • U.K.’s PMIs Showed Solid Private Sector Expansion In August

    S&P Global’s August Purchasing Managers’ Index (PMI) reports reflected strong expansions in UK private sector activity, with manufacturing jumping to a 26-month high and services rising to a four-month high. The composite index measuring the manufacturing and services sectors was also in the spotlight as it reached its highest levels…

  • Australia’s Jobless Rate Rose to a Two-And-A-Half-Year High, but Other Components Showed Underlying Strength

    Australian Bureau of Statistics data showed that Australia’s seasonally adjusted unemployment rate rose from 4.1% to 4.2% in July. This is the highest level since February 2022! However, the components of the report actually point to a stronger labor market during the month: 58.2K net jobs added (vs. 20.2K expected)…

  • U.S. Final Q1 GDP, Durable Goods Orders, And Initial Jobless Claims Reports Showed Weaknesses

    The final reading for Uncle Sam’s growth in the first quarter of 2024 came in at 1.4%, higher than the second estimate of 1.3% but still below the advanced reading of 1.6%. Data from the Bureau of Economic Analysis indicate that weakness in primary metals (for durable goods manufacturing) and…

  • U.S. Final Q1 GDP, Durable Goods Orders, And Initial Jobless Claims Reports Showed Weaknesses

    The final reading for Uncle Sam’s growth in the first quarter of 2024 came in at 1.4%, higher than the second estimate of 1.3% but still below the advanced reading of 1.6%. Data from the Bureau of Economic Analysis indicate that weakness in primary metals (for durable goods manufacturing) and…

  • Canada’s GDP Data Showed Slower Growth in February, ”Unchanged” GDP in March

    Canada’s GDP Data Showed Slower Growth in February, ”Unchanged” GDP in March

    Canada’s economy grew by 0.2% in February, slightly lower than the 0.4% growth markets had expected and weaker than January’s 0.5% rise. A closer look shows that service-producing industries led increases for the second month in a row thanks to growth in transportation and warehousing. Meanwhile, commodity-producing industries were unchanged,…