Tag Archives: wage growth

Following solid Canadian employment figures, the USD/CAD pair plunges impulsively to 1.3636, down -0.30%. On the Canadian front, the number of new payrolls increased by 90.4K, but the rate of annual wage growth decreased to 4.8%. According to Fed’s Bostic, the central bank is unsure about the best time and …

Benchmark US Treasury bond yields declined at the end of Friday’s trading session following the employment data that painted a bleak picture of the labour market in the United States last February.Ten-year US Treasury bond yields fell to 4.080%, compared to the last daily close, which at 4.085%. The index …

The US jobs data released on Friday revealed an improvement in the performance of the US economy in general during February, as labor market forces began to weaken with a decline in wage growth, which supports bets on interest rate cut by the Federal Reserve by June or even May …

Wages are vital for maintaining living standards in daily life and, since they make up around 60% of GDP in the US, the UK, and the Eurozone, they are also critical for controlling inflation in the financial markets.Price rises will eventually result from rapid pay increases since wage growth is …

Concerns regarding Germany’s recovery, which is anticipated to be challenging, are growing. Due to a combination of rising interest rates, weak global orders, and high energy costs, Germany’s economy has been among the weakest in Europe this year.Given a combination of rising interest rates, weak global orders, and high energy …

Since July, the Federal Reserve has not increased interest rates. That hasn’t made borrowing costs any less crippling for consumers. In September, the Fed hit the pause button. The US central bank will most likely decide its rate decision on Wednesday in light of key financial conditions, developments and economic …

According to Deputy Governor Sharon Kozicki of the Bank of Canada, interest rates must continue to be high. She emphasised how worried they are about the underlying inflation. The latest Consumer Price Index report shows that inflationary pressures are still widespread, she said, despite the fact that core inflation measures …

The Pound Sterling has found intermediate support amid global uncertainty over the interest rate outlook. The GBP/USD pair finds an intermediate cushion, but the broader bias remains bearish as investors expect policy divergence between the Fed and the Bank of England may not vanish this month.BoE policymaker Swati Dhingra warned …

UK wages excluding bonuses soared to the highest growth rate since 2001, pushing unemployment to 4.2%. The GBP/USD pair surges following Monday’s session, which portrayed a ‘hammer’ formation, suggesting that further upside is expected. UK jobs data overshadowed positive economic data from the United States, as wages grew above estimates, …

Canada’s employment data for May will be reported by Statistics Canada on Friday, June 9. The North American economy is expected to have added 23.2K jobs after creating 41.4K positions in April. The unemployment rate is expected to rise a tick to 5.1%. If so, it would be the first …