Recap of non-farm payrolls: -92K and revisions make it worse
Nonfarm payrolls came in at -92K in February, a massive miss against the +55K consensus. To add insult to injury, the prior two months were revised down by a combined 69K. The…
Nonfarm payrolls came in at -92K in February, a massive miss against the +55K consensus. To add insult to injury, the prior two months were revised down by a combined 69K. The…
China gold reserves at the end of February 2026: 74.22 million troy ounces In January 2026: 74.19 million troy ounces China gold reserves value at the end of February 2026: $387.59 billion…
US stocks close sharply lower. Indices are down for the week. Fed’s Hammack: Dollar dominance remains intact as Fed stays patient Fed’s Collins: Expects the Fed rate target to hold steady for…
U.S. officials are set to launch a $20 billion reinsurance facility designed to support Gulf shipping and help restart maritime cargo coverage. The program is expected to be unveiled on Friday by…
Reports that Iran is launching attacks on US forces in Bahrain, and also attacking military base housing US diplomatic centered near Baghdad international airport. The price of crude oil is extending above…
The Atlanta Fed GDPNow estimate for Q1 has declined to 2.1% from 3.2%. The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2026 is…
For what it is worth, the US business and retail inventories for the month of December was released: Business inventories rose 0.1% versus 0.1% expected. Prior month was revised lower to 0.0%…
Prior was 0.0% Details: Ex-autos 0.0% vs 0.0% expected Prior ex autos 0.0% Ex autos and gas +0.3% vs 0.0% prior (revised to +0.1%) Control group +0.3%% vs +0.2% expected Prior control…
Prior 130K revise to 126K nonfarm payroll -92K vs +50 9K estimate December was 48K. November was 41K Two month that revision: Unemployment rate 4.4% vs 4.3% expected. Prior month 4.3%. Average…
Headlines: Oil prices resume climb to start European morning trade Qatar warns that the Middle East conflict could disrupt energy exports for weeks to months Qatar reportedly offers to lease LNG tankers…
We’re starting to see oil prices approach the highs from yesterday and most notably, WTI crude oil is wanting to hold above the crucial $80 mark. Despite all the volatility and a…
Prior +0.7% Slight delay in the release by the source. UK house prices continue to edge up in February, with the average property price now touching £301,151 – marking a new record…