Recap 2015-01-29

Commentary:

None

Notable:

  • RBNZ was dovish
  • US Jobless Claims dropped to 265k vs 300k exp and 307k prev
  • Pending Home Sales declined -3.7% MoM vs +0.3% exp
  • German CPI declined to -0.5% vs -0.2% exp and +0.1% prev
  • Italy Consumer Confidence improved to 105 vs 100 exp and 99.7prev.

Upcoming:

  • Thu: Japan Jobless Rate, CPI, UK Consumer Confidence
  • Fri: Month End, Japan Housing Starts, EU CPI, Unemployment, CanadaGDP, US 4Q GDP, Employment Cost Index, Chicago PMI
  • Mon: China PMI, Australia PMI, Japan PMI, EU PMI Revisions, US Personal Income, Core PCE, Canada PMI, US ISM, Australia Trade Balance, Building Approvals, RBA,
  • Tue: EU PPI, New Zealand Unemployment, Wheeler Speaks, Japan PMI
  • Wed: EU Services PMI, US ADP Employment, Non-Mfg ISM, Australia Retail Sales
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2 thoughts on “Recap 2015-01-29

  1. A little more colour to the BOC rate cut.

    “Canada’s statistics agency cut its estimate of how many jobs were created last year, bolstering the central bank’s view of a labor market that’s showing underlying signs of weakness.
    Employers added a net 121,300 positions to payrolls in 2014, Statistics Canada said today from Ottawa. That’s down from the 185,700 reported earlier this month, and the revision brings the December unemployment rate to 6.7%, from 6.6% previously. The Ottawa-based agency updated labor force data from 2001 to 2014 to incorporate the latest census figures.”

    http://business.financialpost.com/2015/01/28/canada-gained-121300-jobs-last-year-not-185700-statistics-canada-says-in-major-labour-survey-revision/

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