More Signals Of The Downturn, Globally Synchronized
Article By:
Jeffrey P. Snider
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Thursday, December 5, 2019 6:34 PM EST
Globally synchronized downturn took a little while, but, as we’ve said all year, the US was just following places like Germany and China as they absorbed the more immediate effects of the global dollar shortage first.
NFP Preview: Weak Labor Market May Outweigh GM-UAW Boost
Article By:
Matt Weller
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Thursday, December 5, 2019 4:39 PM EST
Three of the four leading indicators are pointing to a deteriorating labor market. This month’s report may benefit from the 46,000 United Auto Workers returning to General Motors, a temporary factor that hurt last month’s jobs report.
CAB, PMI And WTI Relationship
Article By:
Todd Sullivan
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Thursday, December 5, 2019 4:14 PM EST
It is interesting to compare two market psychology driven measures, WTI and PMI (Purchasing Managers Index) with CAB (Chemical Activity Barometer), a mostly economic indicator based on chemical production and shipment activity.
In this article: OIL
October 2019 Headline Trade Declined
Article By:
Steven Hansen
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Thursday, December 5, 2019 1:40 PM EST
Trade data headlines show the trade balance improved because the decline in exports was smaller than the decline in imports.
Japan Approves A $122 Billion Stimulus Package
Article By:
ForexNewsNow
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Thursday, December 5, 2019 12:23 PM EST
The stimulus was mainly triggered by the slowing growth and the potential loss of economic activity after the Tokyo Olympics set for 2020.
In this article: EWJ
E The Bloom Is Off The Rose With Canadian Banks
Article By:
Norman Mogil
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Thursday, December 5, 2019 11:26 AM EST
Canadian banks are not looking forward to fiscal 2020 as they set aside higher loan loss provisions, cut jobs and other expenses and maintain lending in a very slow growth environment.
Give Thanks For The Big Drop In Claims
Article By:
Bespoke Investment Group
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Thursday, December 5, 2019 11:16 AM EST
Initial jobless claims data of late has been all over the place. This week’s report came in at the lowest level since April’s multi-decade low of 193K.
November 2019 Initial Unemployment Claims Moving Average Improves
Article By:
Steven Hansen
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Thursday, December 5, 2019 11:00 AM EST
Market expectations for weekly initial unemployment claims were 215 K to 226 K (consensus 218,000), and the Department of Labor reported 203,000 new claims.
October Trade Deficit At $47.20B
Article By:
Jill Mislinski
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Thursday, December 5, 2019 10:50 AM EST
The U.S. International Trade in Goods and Services, also known as the FT-900, is published monthly by the Bureau of Economic Analysis with data going back to 1992.
Fiat’s Failings, Gold And Blockchains
Article By:
Alasdair MacLeod
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Thursday, December 5, 2019 10:25 AM EST
We have seen what is required for an enduring solution to the world’s monetary ills, but western welfare-heavy states have neither the mandate nor the theoretical knowledge to implement and understand it.
Weekly Unemployment Claims: Down 10K From Last Week, Better Than Forecast
Article By:
Jill Mislinski
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Thursday, December 5, 2019 10:00 AM EST
This morning's seasonally adjusted 203K new claims, down 10K from the previous week's unrevised figure, was better than the Investing.com forecast of 215K.
Initial Jobless Claims Still A Positive; What I’ll Be Watching For Tomorrow
Article By:
Hale Stewart
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Thursday, December 5, 2019 9:42 AM EST
This morning’s initial jobless claims report continues the streak. At 203,000, it is the lowest since April.