US Dallas Fed Manufacturing Business Index decreases to 4.6 in September from 9.The general business activity index remained in positive ground in September at 4.6 below the reading of 9 of the previous month.The report said that Texas factory activity continued to increase in September, according to business executives responding …
Read More »World shares rise over sharp gains in energy stocks
World shares rose on Monday, led by sharp gains in energy shares. Traders seized the opportunity of crude oil prices soaring to three-year highs of almost USD 80 per barrel.European stocks firmed after Germany’s election results have indicated potential chances of forming left-wing coalition. German shares jumped 1.1 per cent, …
Read More »NFP Preview: Forecasts From Four Major Banks
The Nonfarm Payrolls report is expected to show an increase of 870,000 jobs in July. Here are the forecasts by the economists and researchers of four major banks regarding NFP report. Deutsche Bank “We are forecasting that NFP will have risen by +1M in July, which would be the fastest …
Read More »US: ADP Employment Change Arrives at +117K in February
Employment in the US’ private sector increased by 117,000 in February, the monthly data published by the Automatic Data Processing (ADP) Research Institue revealed on Wednesday. This reading fell short of the market expectation of 177,000. On a positive note, however, January’s reading got revised up to 195,000 from 174,000.
Read More »US Private Sector Employment Rises by 174K in January
Employment in the US’ private sector increased by 174,000 in January, the monthly data published by the Automatic Data Processing (ADP) Research Institue revealed on Wednesday. This reading beat the market expectation of 49,000 by a wide margin. Furthermore, December’s reading got revised up to -78,000 from -123,000.
Read More »Nonfarm Payrolls Preview: US Employment Sector to Keep on Suffering
With the tumultuous start of the new year, the US is due to publish its monthly employment report (NFP) today, Friday. The US Nonfarm Payrolls report for December is expected to show only 71,000 new jobs added, despite the unemployment rate to remain at 6.7% with an hourly wage expected …
Read More »US Private Sector Employment Declines by 123K in December
Employment in the US’ private sector decreased by 123,000 in December, the monthly data published by the Automatic Data Processing (ADP) Research Institute revealed on Wednesday.
Read More »US: ADP Employment Change Arrives at +307K in November
Employment in the US’ private sector increased by 307,000 in November, the monthly data published by the Automatic Data Processing (ADP) Research Institue revealed on Wednesday. This reading followed October’s increase of 404,000 (revised from 365,000) and missed the market expectation of 410,000.
Read More »Trump Considering Executive Orders on China, Manufacturing And Immigration
Chief of Staff Mark Meadows told reporters at the White House on Monday that the US President is considering executive orders targeting China, manufacturing and immigration, according to Reuters. “It’s dealing with a number of executive orders that may go all the way from dealing with some of the immigration …
Read More »ADP Employment Report Records 2.37 Million Job Rise in June
American unemployment in the private sector increased by 2,369,000 in June, according to the monthly report, released by Automatic Data Processing (ADP) Research Institue on Wednesday. This reading comes after the decline of 3,065,000 in May. “Small business hiring picked up in the month of June,” said Ahu Yildirmaz, vice …
Read More »