The US Bureau of Labor Statistics (BLS) will release the March jobs report on Friday, April 1 at 12:30 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of 4 major banks regarding the upcoming employment data.  CIBC “Employers likely …

The Russian ruble rose for the ninth straight session in Moscow, closing near 83 to the dollar on Thursday, and stocks jumped as some limits on short-selling were lifted, with the market focusing on the effects of Moscow’s demand to pay for its gas exports in rubles. The ruble rose …

The state-owned Turkish Energy Import Corporation (Botas) said that natural gas prices for industrial facilities rose by 50 percent and increased for households by 35 percent. (Botas) also said late on Thursday evening that the prices of natural gas used to generate electricity rose by 44.3 percent as of April …

Annual inflation in the US rose to 5.4% in February according to the latest Core PCE Price Index reading released by the US Bureau of Economic Analysis on Thursday. That was a tad below the expected reading of 5.5% YoY, but above January’s 5.2% reading. The MoM gain in prices …

Initial Jobless Claims in the week ending on 26 March came in at 202,000, a tad above the expected reading of 197,000 and up versus the previous week’s 188,000 print. Continued Jobless Claims fell to 1.307M in the week ending on March 19, below the expected rise to 1.35M from …

Moody’s said it has withdrawn all credit ratings of Russia and designated Russian quasi-sovereign entities. The agency said it decided to withdraw the ratings for commercial reasons of its own. Last week, Moody’s announced its intention to withdraw its credit ratings for entities, following similar moves by global rating agency …

An OPEC + source said that the OPEC + Joint Ministerial Monitoring Committee agreed to adhere to the current oil production policy and increase production by 432,000 barrels per day as of May. according to reuters.

European shares rose on Thursday, led by gains in automakers and defense sectors, while oil stocks tumbled, as a US plan to withdraw from strategic petroleum reserves sent crude prices down. The European index rose 0.2 percent, although oil stocks fell 1.5 percent. The FTSE 100 index in London rose …

Britain’s economy grew more than expected in the last three months of 2021, when a wave of Omicron infections hit the country. The Office for National Statistics said gross domestic product in the world’s fifth-largest economy rose 1.3 percent in the fourth quarter of last year compared to the previous …

Japan’s Nikkei closed lower on Thursday, posting its worst quarterly performance in two years. The Nikkei closed down 0.73 percent to 27,821.43 points. The broader Topix index fell 1.08 percent to 1,946.40 points. On a quarterly basis, the Nikkei lost 3.37 percent, its biggest decline since the quarter ending in …