Morning Roll Call

On Friday the most anticipated economic news came with a disappointment, where the September nonfarm payrolls rose 134k after a gain of 270k in August, while the expected reading was 185k. The average hourly earnings rose 2.8% from 2017 that has matched the projections, whereas the unemployment rate dropped more than expected, coming at 3.7%, […]

In a rather quiet day regarding the economic events, investors were mainly monitoring the unemployment claims coming from the US. The reading came positive, with the initial unemployment claims dropping by 8k, coming at a seasonally adjusted 207k for September, marking a near to 49-year low. The labor market is currently viewed as being almost

The financial markets are expecting the US central bank to raise the interest rates in December, and Fed policymaker, Charles Evans agrees with this expectation. Yesterday he had stated in his interview with Bloomberg that is feels comfortable with the December rate hike. The US economy proved its’ strength and having the country’s inflation close

On Tuesday, the Central Bank of Australia secured the market expectancy and held the rates low for the 26th month, amidst the tighter credit conditions, inflation and wages growth. The RBA held the rates at all-time low of 1.50% and according to Reuters, Reserve Bank of Australia Governor, Philip Lowe did acknowledge tighter credit conditions,

On Monday we have seen a slowdown in the US factory activity after more than fourteen year high in September, with new orders growth retreating. However, as the bottleneck in supply seems to be easing, we can expect a steady route in the manufacturing expansion. In addition, data has shown yesterday that there was a

Later on today, all eyes will be on the Federal Funds rate and whether the Federal Reserve will raise interest rates. According to Bloomberg, in their survey, the economists believe strongly that there will be another rate hike and we will see a quarterly increase of 25 basis point all through June next year. In

On a rather quiet trading Monday, all eyes were on the German Ifo business climate, where the business morale showed a bit of improvement coming at 103.7, while the expected consensus was 103.2. According to Reuters, the business morale was supported by consumer spending and construction, leaving Germany on track in September for further growth,

Shocking news came from the UK on Friday when the Prime Minister of the country warned the EU leaders that they are better to come up with an alternate Brexit proposal if they are looking to see success in further talks. As Reuters is reporting Theresa May told the reporters in Downing Street that she

On Thursday, the Organization for Economic Co-operation and Development (OECD) had announced a revised global economic growth outlook, stating that the world economy is on the course for growth of 3.7% this year and in 2019. However, in May this year the expected outlook was 3.8% in 2018 and 3.9% in the following year. The

Yesterday the investors were keeping a close look at the news coming from Japan, UK and the US, where the first release came from BOJ with the decision to keep the monetary stimulus program unchanged. At the end of the two day meeting, the central bank maintained the 10-year bond yield target, guidance on interest