Weekly outlook: Jobs data to show health of US economy
Key events for UK wealth managers for the week starting 3 April
Key events for UK wealth managers for the week starting 3 April
Key events for UK wealth managers for the week starting 6 March
The key events for UK wealth managers for the week starting 2 September
Booming employment rates may have had president Donald Trump patting himself on the back, but investors should avoid putting too much emphasis on good short-term news coming from the US.
The first US nonfarm payroll data since Donald Trump’s inauguration has made the Federal Reserve’s next rate moves harder to calculate, leaving investment professionals split on the US economy’s inflation trajectory.
As Donald J Trump prepares to assume the highest office in the United States, Portfolio Adviser reflects on the impact he has already had on global markets.
The health of the United States economy was underlined with a steady picture for jobs in the latest employment figures released on Friday.
President-elect Donald J Trump’s aggressive positions on immigration, infrastructure spending and isolationism could push up wage and core inflation, commentators fear.
Friday’s non-farm payroll release was a mixed bag but analysts were encouraged by the drop in unemployment levels.
September data from the Markit Flash United States Services Purchasing Managers’ Index painted a mixed picture of the sector, with sharply improving activity offset by a slowdown in new business and job growth.
The latest United States employment data fell short of the average monthly gains in 2016, leaving many questioning the probability of an interest rate increase in September.