Canadian economy likely added jobs in October, jobless rate to have remained unchanged
Nov 01, 2018 19:22 pm UTC| Commentary
Canadas employment data for the month of October is set to be released tomorrow. According to a TD Economics research report, the Canadian economy is likely to have added 5k jobs on rebound in full-time hiring. LFS...
U.S. construction spending remains unchanged in September
Nov 01, 2018 18:59 pm UTC| Commentary
Construction spending in the U.S. came in flat in the month of September. Todays report was consistent with consensus expectations. The upward revision to the August print countered some of the softness of the September...
U.S. ISM manufacturing index falls in October
Nov 01, 2018 18:32 pm UTC| Commentary
The U.S. ISM manufacturing index fell in the month of October, dropping 2.1 percentage points to 57.7. Expectations were for a more modest fall of 0.8 percentage points to 59. Even if this is the second straight fall in...
Bank of England keeps interest rate unchanged, likely to adopt hawkish tone in future
Nov 01, 2018 17:46 pm UTC| Commentary Central Banks
The Bank of England kept its monetary policy unchanged today during the meeting, keeping the Bank Rate at 0.75 percent, as was widely anticipated. The members of the Monetary Policy Committee unanimously voted for the rate...
Brazilian manufacturing output remains in expansion territory, PMI index rises to 51.1 in October
Nov 01, 2018 16:59 pm UTC| Commentary
The ongoing growth of new work in Brazil continued to feed through to output, whilst raising employment in manufacturing for the first time in three months. The seasonally adjusted IHS Markit Brazil PMI index rose to 51.1...
Nov 01, 2018 15:22 pm UTC| Commentary Economy
The United States mid-term election is scheduled to be held for both houses of Congress and at state and local levels on November 6. The Republican Party currently controls both parts of Congress but that may change after...
U.S. nonfarm productivity growth decelerates in Q3 2018
Nov 01, 2018 14:34 pm UTC| Commentary
Productivity growth momentum in the U.S. decelerates a bit in the third quarter of 2018. Nonfarm output per hour in the third quarter came in at 2.2 percent sequentially, a slowdown from an upwardly revised 3 percent in...