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Canada's unemployment rate steadied at 4.9% in July, same as June, the lowest on record, and beating estimates of 5%.


Oil prices rise over 1% as dollar dips

2022-08-08 06:31:26 GMT (
Oil futures rose over 1% in Asian trade with US crude off February 3 lows while Brent climbed off February 22 lows, as the dollar index backed off July 28 highs.    The gains came ...

Canada's economy loses jobs for second straight month

2022-08-05 12:40:05 GMT (
Canada's employment change showed a loss of 30.6 thousand jobs in July for another month, after another 43.2 thousand loss in the previous reading, while analysts expected a 14.2 thousand ...

US economy adds more jobs than expected in July

2022-08-05 12:38:30 GMT (
US economy added 528 thousand new jobs in July, a stunning result, beating estimates of 250 thousand handily, while the previous reading was revised to show an addition of 398 thousand instead of 372 ...

US unemployment falls to two-year low

2022-08-05 12:34:41 GMT (

US unemployment fell to 3.5% in July from 3.6% in June, the lowest since February 2020, and beating estimates of 3.6%.

Euro declines ahead of US jobs data

2022-08-05 09:15:56 GMT (
Euro declined in European trade against dollar as investors shun new positions ahead of the US jobs data for July.    Euro hit four-week highs earlier this after data showed resilience in ...

Oil declines to six-month low amid US demand concerns

2022-08-04 13:36:41 GMT (
Oil prices declined in European trade for another session with US crude hitting six-month lows while Brent plumbed three-week lows amid concerns about US demand.    Global ...

US unemployment claims rise for the fifth straight week

2022-08-04 12:41:23 GMT (

US unemployment claims rose to 260 thousand in the week ending July 30, the fifth weekly increase in a row, matching estimates, and up from 254K in the previous reading. 

Gold prices rise to 4-week highs as dollar declines

2022-08-04 11:42:47 GMT (
Gold prices rose in European trade for another session, almost hitting four-week highs as the dollar loses ground against major rivals.    Haven demand is climbing on the precious metal ...

Unanimous BoE vote on hiking UK rates

2022-08-04 11:06:03 GMT (

Bank of England revealed that all 9 members voted unanimously in favor of increasing interest rates by 50 basis points to 1.75%, the sixth such increase in a row, matching estimates.

Bank of England hikes rates by 50 basis points

2022-08-04 11:04:51 GMT (
Bank of England voted today to increase interest rates by 50 basis points to 1.75%, the sixth such increase in a row, matching estimates, and after hiking rates by 25 basis points in the previous ...

Oil prices gain ground as dollar dips

2022-08-04 06:19:30 GMT (
Oil futures tilted higher as US crude rebounded from February 25, while Brent climbed off July 14 lows as the dollar index backed off September 2002 highs.   The changes come ahead of major US ...

US crude stocks rise nearly 4.5 million barrels

2022-08-03 15:03:41 GMT (
Official US data showed crude inventories rose 4.5 million barrels to 426.6 million barrels last week, while analysts expected a drawdown of 1.4 million barrels.    Gasoline stocks rose ...

Wall Street climbs as investors assess Fed statements

2022-08-03 15:01:06 GMT (
US stock indices gained ground on Wednesday amid geopolitical developments and new statements by Fed officials.    Taiwan officials met US House of Representatives President Nancy Pelosi ...

Dollar extends recovery as US yields climb

2022-08-03 12:16:30 GMT (
Dollar gained ground in European trade for another session off four-week lows as US treasury yields surged following bullish remarks by Fed officials.    Traders now await important US ...
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