Jobless claims support a slowing in the US payroll growth in March
Mar 26, 2015 16:57 pm UTC| Commentary
March US employment report is scheduled for release on Friday, April 3Initial jobless claims, which were approximately 10k higher in the March survey week than in Feb, and the diffusion index, which showed a modest...
Low oil prices will continue to weigh on Canadian economic activity in 2015
Mar 26, 2015 16:06 pm UTC| Commentary
According to the CFIB business confidence indicator, Canadian small business sentiment rose by 2.4 points in March to 61.5. Todays reading pushes the index further away from the crucial 50 level that marks a contraction in...
Downturn in the oil sector will have a pretty modest impact on US employment
Mar 26, 2015 15:55 pm UTC| Commentary
Although there has been a massive slump in the number of active drilling rigs, the downturn in the oil sector will likely have a pretty modest impact on employment.A similar-sized drop-off in drilling in 2008 triggered a...
We may see a bigger gain in US payrolls in March
Mar 26, 2015 15:37 pm UTC| Commentary
Recent US labour market indicators have, on the whole, remained strong. Some of the latest survey evidence, in particular the ISM non-manufacturing employment index, the NFIB small business employment index and the Markit...
BSP looks for strong growth in 2015
Mar 26, 2015 11:10 am UTC| Commentary
Bangko Sentral ng Pilipinas kept its policy rate unchanged at 4.00%. This was in line with market consensus and the fourth straight on-hold decision. It also left SDA rates at 2.50%.In remarks following the decision, BSP...
Taiwan’s central bank to put aside its rate hike plan
Mar 26, 2015 07:27 am UTC| Commentary
Taiwans central bank is expected to put aside its rate hike plans and leave the policy rates unchanged at its Q1 meeting, given that inflation is expected to moderate this year and the global easing wave coming from its...
Japan employment situation to strengthen in 2015
Mar 26, 2015 07:23 am UTC| Commentary
Japans unemployment rate is expected to improve to 3.5% in February (from 3.6% in January). Both the manufacturing and non-manufacturing sectors are now making the necessary increases in hiring.Many workers who had...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects