speculo_ergo_sum's Blog

Avatar

NFP data and interest rates expectations

Much anticipated NFP data release came out last Friday – the numbers fell short of expectations and previous report, only 209K jobs were created over the last month vs. 288K in June while averaged level of expectations was 233K.
Albeit at the surface data was not devastatingly bad, at the slightly closer examination the report clearly demonstrates the dolldrums the US labor market is in – the average hourly compensation stagnates if accounted for CPI numbers (the former is up 0.2% MoM while the…
Read full story
Translate to English Show original
orto leave comments
Avatar

Employment Cost Index, Interest Rate Expectations and Stock Market Swoon

This last week was repleted with important and having lasting influence data releases. Although the most anticipated and looked for by investors was Non-Farm Payroll Change, published on Friday, its impact on stock market was more than limited. What passed almost inconspicuously to most market participants and observers of different stripes but had significant influence on financial markets was release of Employment Cost Index last Thursday.
The importance of this data is difficult to overestim…
Read full story
Translate to English Show original
VictoriaVika avatar

Удачи и успехов )

orto leave comments