A Strong US Economy Generated Light Inflation For Now, as ADP Payrolls Signal Nonfarm Upside and Home Sales Surged ...

US GDP, q/q SAAR, Q3: Actual: 2.8 Scotia: 3.0 Consensus: 2.9 Prior: 3.0 Ok that title won’t win any prizes, but it gets ...

Markets are playing defence this morning. Stocks are broadly lower across N.A. futures and European cash markets. US Treasuries are slightly bid versus cheapening across Europe led by underperforming ...

Stocks higher on mixed earnings ahead of payrolls Scotia’s Nonfarm Payrolls Preview Oil up on reports Iran is preparing to attach Israel Other US data: ISM-mfrg, construction spending, vehicle sales ...

Another busy day awaits, with month-end to boot (though Chilean markets closed already for the week), but at least Eurozone inflation figures are behind us (small beat) and now we have but to wait for ...

The outcome of the U.S. presidential race remains a coin-toss. Given former President Trump’s focus on trade policy in this campaign and the ongoing threat of tariffs that are central to his economic ...

It’s fundamentals day! It’s both fun, and numbingly tedious, but here we go. A mixture of growth, inflation and jobs reports across Europe, Australia, the US and Mexico are not having much effect on ...

BanRep cuts rate by 50bps to 9.75% amid international volatility and domestic fiscal uncertainty The board of Colombia’s central bank (BanRep) cut the monetary policy rate by 50bps to 9.75% in a split ...

Canada’s economy ended Q3 on a firmer than expected note but the Bank of Canada’s growth forecasts for 2024H2 will still need a fair amount of help to come true. That’s by no means impossible, but the ...

On Tuesday, October 29 th, INE published the unemployment rate for the quarter ending in September, which dropped to 8.7% (chart 1), positively surprising our expectations and those of the market. The ...

Budget balance forecasts: -$6.6 bn (-0.6% of nominal GDP) in FY25, -$1.5 bn (-0.1%) in FY26, $0.9 bn (0.1%) in FY27 (chart 1)—combined improvement of $6.7 bn versus Budget 2024 projections. Return to ...