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Showing 21 - 30 of 34 results for "US payrolls"

Low rates to stay

BENJAMIN ONG  |  TUESDAY, 8 DEC 2009
... the fed funds rate from somewhere around 2011 and 2012 to as early as March 2010. The trigger was November's good US payrolls report - unemployment dropped to 10.0 per cent while the reported 11,000 job losses were so far, far better than the 125,000 ...

We're still in Kansas

BENJAMIN ONG  |  MONDAY, 7 DEC 2009
... not on Kansas anymore..." (James Cameron's movie, Avatar) But based on financial market's reaction to last Friday's US payrolls report, "we must be over the rainbow!" (Dorothy Gale in the Wizard of Oz). The sun shone, the sky blued and everything became ...

Bullish bear

BENJAMIN ONG  |  FRIDAY, 17 JUL 2009
... continuing claims fell by a hefty 642K to 6.273 million in the week ending 4 July. In time, this will be reflected in the US payrolls data, sending the rising rate of unemployment into reverse. And reverse the unemployment rate will go, especially now ...

GFC Problem solved

... bad news from lagging indicators, which would again invite a sell-off in equities, one of which would be tomorrow's US payrolls data, where the unemployment rate is expected to surge to 8.5 per cent in March from 8.1 per cent. At this rate, it is looking ...

Bad news is good news

BENJAMIN ONG  |  MONDAY, 9 FEB 2009
... and the German DAX soared by 7.1 per cent. So why the sudden change of heart? Well, according to Bloomberg, the ugly US payrolls number in January 'would force Congress to reach a compromise on President Barack Obama's economic stimulus package'. The ...

US payrolls jitters

BENJAMIN ONG  |  FRIDAY, 5 SEP 2008
... the US Labor Department's report of a worse-than-expected initial jobless claims led to speculation that tomorrow's US payrolls report could be weaker-than-expected. Jobless claims rose to 444,000 in the week ending 30 August -- the highest since February ...

Three steadies and a cut

BENJAMIN ONG  |  MONDAY, 1 SEP 2008
... ISM non-manufacturing survey is also expected to remain steady at 49.5. As is usual at the beginning of each month, US payrolls will be the keenly watched report this week. Non-farm payrolls are expected to show a ninth consecutive decline in August ...

This Week's Market Movers (28 Jul - 1 Aug 2008)

BENJAMIN ONG  |  MONDAY, 28 JUL 2008
... percent rate in the first quarter. While it may be too late for Australian and Asian markets to react upon, Saturday's US payrolls report and the ISM index will be significant market movers of financial market activity in Europe and the US. Markets expect ...

Saddle up the greenback

SUZY MAC  |  MONDAY, 8 OCT 2007
... back. Overnight trading Friday saw Australian dollar rise above US90c for the first time since June 1984 after the US payrolls report eased recession fears, boosting risk-appetite and carry trades. The Aussie dollar's 23 year record high was not only ...

Daily economic update

BENJAMIN ONG  |  WEDNESDAY, 31 MAY 2006
... housing market and weak wage growth are having on American households. In a preview of what's to be expected when the US payrolls report is released on Friday night, the Conference Board survey also reveals that those finding jobs as plentiful fell while ...