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Low interest rates were thrown a lifeline on Friday after US non-farm payrolls rose sharply lower than expected and the jobless rate remained stubbornly at 4. The rise in non-farm payrolls landed atlive forex news radio March versus a forecast ofHowever, confusing the issue, February was revised up tofromThe earlier February tally was already the highest since July The March jobless rate remained stuck at a year low of 4.
Whispers had indicated the figure could slip from previous forecasts, even as stronger ADP data earlier in the week had caused some economists to chalk higher their forecasts. LiveSquawk — Continue Reading. Sterling forecasts are at their highest since Britons voted to leave the European Union, a Reuters poll found, partly as a result of optimism driven by progress in divorce talks and expectations of another interest rate rise next month.
But the main reason behind the move is more related to the outlook for the currency that sterling is quoted against, the U. Reuters — Continue Reading. The Middle East is emerging as a potential beneficiary of the brewing live forex news radio war between the U. If China live forex news radio ahead with its proposal to slap a 25 percent tariff on polyethylene and live forex news radio propane, which were among American goods targeted, buyers in the Asian nation may look elsewhere for alternatives to pricier U.
And the live forex news radio Middle East with plenty of petrochemical supplies looks well-suited to meet the substitution requirements. China may need to replace 2. But purchases from the U. Bloomberg — Continue Reading. And Yellen reportedly told Jefferies clients that there was some risk of the economy turning hot. The Fed chairman is likely to continue to stress that there are no signs of runaway inflation, and maintain a wait-and-see stance, said Andrew Hollenhorst, U. MarketWatch — Continue Reading.
But equally, the market is pricing in the prospect of a much lower jobs growth tally live forex news radio in the thundering previous two months when non-farm payrolls amounted toin January andin February — the highest tally since July Although the front month is set to show a considerable climbdown tojobs created, it will still be higher thanrecorded last December, or the blip of 14, live forex news radio September. It would also be a nudge higher than theforecast by economists at the start of the week before ADP data was released.
Following the strong showing of jobs growth at the beginning of as well as strong household surveys, some pundits have been asking whether there is in fact more slack in the economy than thought - whether a larger pool of workers pouring into the labour force will keep a lid on wage growth. Our live forex news radio spans the globe, relying on us to filter out the noise to deliver accurate, reliable and timely news.
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Commentary covers all the main asset classes, including equities, fixed income, FX and commodities. Canadian Foreign Minister Freeland: US March 18 Nonfarm Payrolls. The rise in non-farm payrolls landed atin But the main reason behind the move is more related to the If China goes ahead with its proposal to slap a 25 percent tariff on polyethylene and liquid