Monthly Archives: May 2024

May 2024

Economic Outlook – 12 May 2024

2024-05-12T16:26:14+00:00

USA   First-time claims for unemployment insurance rose by 22K to 231K in the week ended May 4. That was not only more than the 212K figure consensus had baked-in, it also marks the highest level since August. Yet even at a nine-month high, the claims numbers are still low by historical standards. To smooth the [...]

Economic Outlook – 12 May 2024 2024-05-12T16:26:14+00:00

Economic Outlook – 5 May 2024

2024-05-05T16:03:12+00:00

USAMarkets breathed a sigh of relief on Friday morning as yields on US Treasuries tumbled after April nonfarm payrolls grew a less-than-expected 175,000. The number fell considerably short of the 240,000-consensus forecast, and the prior-two-months reading was revised down by 22,000. The unemployment rate rose to 3.9%, up 0.1% from March, while average hourly earnings [...]

Economic Outlook – 5 May 2024 2024-05-05T16:03:12+00:00

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