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U.S weekly jobless claims fall

New applications for U.S. unemployment benefits dropped last week and the number of Americans on jobless rolls fell back to levels last seen in 1973, suggesting a further tightening in labor market conditions. Initial claims for state unemployment benefits decreased 5,000 to a seasonally adjusted 210,000 for the week ended Oct. 13, the Labor Department […]


ADP Canada: Employment increased in September

Employment in Canada increased by 28,800 jobs from August to September according to the September ADP® Canada National Employment Report. Broadly distributed to the public each month, free of charge, the ADP Canada National Employment Report is produced by the ADP Research Institute®. The report, which is derived from actual ADP payroll data, measures the…


EUR/USD – Lack of eurozone data leaves euro yawning

EUR/USD is steady in the Thursday session, after recording considerable losses on Wednesday. Currently, the pair is trading at 1.1523, up 0.20% on the day. On the release front, there are no major eurozone indicators. German WPI gained 0.4%, matching the estimate. This was the strongest gain in three months. In Brussels, EU leaders are meeting…


Aussie gains as unemployment hits 6-1/2 year low

  Unemployment lowest since 2012 While the headline number of jobs Australia added in September was a disappointment, it was the details and the accompanying unemployment data that stirred Aussie bulls. Australia added a mere 5,600 jobs last month, the least in two months, but the breakdown showed that 20,300 full-time jobs were added versus…