Asian Markets Start the Week on Positive Note with Japan Outperforming

In focus today Today will be quiet on the macro front, with US markets closed for Labor Day. In Sweden, PMIs are due 8.30 CET. Like trends observed in many other countries, the manufacturing sector appears to be the weaker segment. The NIER survey, released last week, indicated that business sentiment in August remained nearly […]

The Canadian labour market basically tread water in April, adding only 7k net new positions (+0.0% month/month). The modest gain was driven by public sector hiring (23k) and self-employment (11k), while the private sector shed jobs (-27k). Cut another way, solid gains were seen in full-time jobs (32k), which were partly offset by losses in […]

Surprise! The US economy added more than 250’000 new nonfarm jobs last month, the unemployment rate fell to 4.1% and wages grew faster than expected both on monthly and on a yearly basis. On a yearly basis, the US workers earned 4% more on average compared to a year ago. On top, the strikes at […]