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JOLTS Job Openings rose to 6.94 million in January, beating expectations
The number of job openings in the US was little changed at 6.94 million in January, while for December it was revised upward to 6.55 million from the 6.54 million previously reported, the US Bureau of Labor Statistics (BLS) reported in the Job Openings and Labor Turnover Survey (JOLTS) on Friday.Fxstreet
Fri, Mar 13
Kenyan meat exporters hit by Middle East conflict as Ramadan shipments slump
Middle East conflict raises air freight costs, reducing Kenyan meat exportsKenyan exporters operate below 5% of expected Ramadan volumesExporters face high costs, disrupted supply chains, and potential business closureBy Vincent Mumo NzilaniNAIROBI, March 13 (Reuters) - The war in the Middle East ha...Reuters
Fri, Mar 13
Bank of Mexico's deputy governor Heath supports postponing a rate cut
MEXICO CITY, March 13 (Reuters) - Bank of Mexico Deputy Governor Jonathan Heath believes a cut to the benchmark interest rate should be put on hold in the next decision, he said in an interview with local outlet Bloomberg Linea published on Friday. He added that the next rate decision should factor ...Reuters
Fri, Mar 13
Warsh's room to move at the Fed may narrow in a war-clouded outlook
Oil price shock complicates Fed's monetary policy decisionsFed officials worry about credibility with inflation above 2% target for several yearsInvestors shift rate cut expectations amid economic uncertaintyBy Howard Schneider WASHINGTON, March 13 (Reuters) - Chances for President Donald Tru...Reuters
Fri, Mar 13
US consumer sentiment falls in early March as Middle East war weighs
WASHINGTON, March 13 (Reuters) - U.S. consumer sentiment ebbed in early March as war in the Middle East raised gasoline prices and households worried about personal finances, a survey showed on Friday.The University of Michigan's Surveys of Consumers said its Consumer Sentiment Index fell to 55....Reuters
Fri, Mar 13
Canada: Gradual labour recovery expected – RBC
Royal Bank of Canada (RBC) economist Claire Fan notes that February’s Canadian labour market data were weak, with employment falling and the unemployment rate rising to 6.7% as participation declined. She highlights that volatile monthly data are being distorted by slower population growth.Fxstreet
Fri, Mar 13
US core capital goods orders unexpectedly flat in January
WASHINGTON, March 13 (Reuters) - New orders for key U.S.-manufactured capital goods were unexpectedly unchanged in January and shipments of these products fell, pointing to weakness in business spending on equipment early in the first quarter.The flat reading in non-defense capital goods orders excl...Reuters
Fri, Mar 13
Traders bet on Fed rate cut by September
March 13 (Reuters) - The Federal Reserve will probably next cut interest rates in September, traders bet on Friday after government data showed inflation by the Fed's targeted measure wasn't quite as hot as feared at the start of the year.Before the data, which showed a 2.8% year-on-year ris...Reuters
Fri, Mar 13
