Nothing good to see in September US employment data
Oct 02, 2015 14:56 pm UTC| Commentary
Nonfarm payroll growth for September came in well below economist expectations at 142k. Heading into the report, (forecast: 200k) and consensus (201k) had been looking for payroll gains in line with recent trends. Private...
Job growth slows to 142k in September showing that America is not immune to global weakness
Oct 02, 2015 14:26 pm UTC| Commentary
Non-farm payrolls rose by 142k in September, well below the consensus call for 201k. Private-sector hiring expanded by just 118k, the slowest pace of job creation since March. Revisions were also deeply negative,...
US labour market report disappoints
Oct 02, 2015 14:15 pm UTC| Commentary
The US September labour market report was a big disappointment. Much stronger numbers are required in the coming months for a first rate hike in December to remain in play. The US labour market report disappointed in...
US labor market disappoints, renews doubt about Fed
Oct 02, 2015 14:06 pm UTC| Commentary
The US labor market disappointed with a payroll increase of only +142k in September. Furthermore, the payrolls for previous months have been revised down by a net -59k. These data put renewed doubt on a Fed lift-off...
Oct 02, 2015 13:06 pm UTC| Commentary
The manufacturing PMI of Sweden rose just a tad in September, which was weaker than expected. The PMI stood at 53.3, up a mere 0.1 points from August. Thus, the PMI remains stuck within the past two years range of...
U.S. wheat and soybean stocks lower than expected
Oct 02, 2015 13:01 pm UTC| Commentary
On Wednesday, the US Department of Agriculture published figures relating to US grain stock levels as per 1 September. Wheat stocks were quoted at 2.089 billion bushels, which is somewhat less than expected but nonetheless...
Dryness in Russia leads to rising wheat prices
Oct 02, 2015 12:58 pm UTC| Commentary
The continuing dry weather in Russia is resulting in reduced sowing of winter wheat. Wheat prices made further gains yesterday as the U.S. wheat increased in price to a seven-week high of 523 US cents per bushel, while...