Jun 05, 2015 15:00 pm UTC| Commentary
Western Union:The market camp betting on a 2015 U.S. rate hike got a big backer: the worlds biggest economy. The dollar soared after U.S. job growth easily topped forecasts (+225,000) with a gain of 280,000 in May.The...
Jun 05, 2015 15:00 pm UTC| Commentary
Western Union:The loonie strengthened to new session highs after Canadian hiring last month proved the strongest all year. Hiring was nearly 6 times better than forecasts of +10,000 with an outsized gain of 58,900....
Jun 05, 2015 14:59 pm UTC| Commentary
Western Union:Signs of stiffening headwinds on Britains economy had the pound on pace of a week of general underperformance.The big blow to sterling sentiment came from news this week that Britains services, a vital growth...
Jun 05, 2015 14:59 pm UTC| Commentary
Western Union:The euro was steady ahead of Americas jobs report and on pace for a solid multi-cent gain on the week amid signs of improving momentum in the blocs economy. Inflation is back in the black and unemployment,...
Canadian May employment data surprised on the upside
Jun 05, 2015 14:44 pm UTC| Commentary
Canadian employment increased sharply in May, rising by 59,000 net new jobs following a 20K drop in April. The unemployment rate held steady at 6.8%. Todays reading was stronger than consensus expectations which had called...
Strong May jobs data show US economy back on track
Jun 05, 2015 14:16 pm UTC| Commentary
US employers are evidently looking through the recent economic weakness and anticipate a strengthening in demand as they added 280k jobs in May. This supports our view that the US economy is meanwhile back on track, said...
NFP overrides a lot of other weaker economic data, shows resilience of U.S. labor market
Jun 05, 2015 14:00 pm UTC| Commentary
Non-farm payrolls rose 280k in May, beating expectations for a 226k gain. Private-sector employment increased by 262k, to the upside of the median estimate of 220k. Government payrolls rose 18k due mainly to gains at the...
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