Prior 7.3%

Another tick lower in the jobless rate as we start to get back to pre-pandemic levels. I would still argue that with the changes to the landscape in the jobs market and government assistance, it is still tough to accurately gauge underlying labour market conditions. That said, the

European indices are flattish on the day now as US futures also pick back up a little after the sudden drop earlier.The Stoxx 600 index is down 0.1% as is the DAX and CAC 40 indices. Meanwhile, S&P 500 futures are up 0.1% and Nasdaq futures back up 0.2% after the fall into the red earlier.This comes

European Central Bank board member Isabel Schnabel spoke on Saturday, warning the Bank may have to act:

„Rising energy prices may require a departure from a ‚looking through‘ policy.“

Scnhabel elaborated it saying:

„So far, however, there are no signs of broader second-round eff

In one version of history, the huge spontaneous protests in Kazakhstan were the result of years of grievances that boiled over after an increase in propane and butane prices, which are widely used as auto fuels there.
In another version, a ‚hybrid war‘ is ongoing where there’s an ongoing

US December non-farm payrolls +199K vs +400K expected
Canada December employment change 54.7K vs 24.5K estimate

US Nov consumer credit outstanding +39.99B vs +$19.5B expected
Baker Hughes rig count sees oil rigs up to 481 from 480 last week
Biden: Car prices are too high
F

The major indices all closed lower today with the NASDAQ index leading the way to the downside once again. All three indices posted weekly lossesS&P and NASDAQ close lower for the fourth consecutive dayDow industrial average closed lower for the third consecutive dayS&P closes 3% from its record hig

USDCHF is testing its 38.2% retracement and 100 hour MA

The USDCHF is testing the 100 hour MA and the 38.2% of the move up from the December 31 low at 0.9182 area. The low price just reached 0.9183.
A move below the 100 hour moving average and the 38.2% retracement, would increase the

Prior was +16.9B (revised to +16.0B)Revolving +19.8BNon-revolving $20.15BThere’s no shortage of demand for credit.

The price of WTI crude oil futures are settling at $78.90. That’s down -$0.56 or 0.7%.
The high price reached $80.47. The low price extended to $78.52.

Crude oil was up sharply this week

For the week, the price moved up for the first four trading days, but is trading down today after re

Oil is up over 1% on the day as the rally since the turn of the year stretches on.

It has been an impressive week for oil, all things considered. There were some intraday dips amid some knocks to risk sentiment but they have been quickly bought up and here we are. I reckon that speaks quite a bit