New US jobless claims jumped last week to 770,000 March 18, 2021 New US jobless claims unexpectedly jumped last week to 770,000. Initial claims for state unemployment benefits came in at a seasonally adjusted 770,000 for the week to 13 March, the Labor Department said today. The week before new US jobless claims came in at 725,000 people seeking benefits. Today’s numbers were worse than what economists [...]
Markets: FTSE eeks out gains as UK’s GDP drops March 12, 2021 Markets: FTSE eeks out gains as UK's GDP falls
City A.M. TV – Daily Market Snapshot (video) March 9, 2021 City A.M. TV - Daily Market Snapshot (video)
All Greek to me: Apollo snaps up insurance giant Athene in $11bn US mega-deal March 8, 2021 All Greek to me: Apollo snaps up insurer Athene in $11bn US mega-deal
Pound sterling falls back to near $1.38 on US jobs data surprise March 5, 2021 Pound Sterling rises tempered by strong US economic figures
Number of new jobs in the US smashes expectations with 379,000 roles added in February March 5, 2021 Number of new jobs in the US smashes expectations with 379,000 roles added
Wall Street closes lower price after technology stocks retreat March 2, 2021 Wall Street closes lower price after technology stocks retreat
City A.M. TV: Daily Market Snapshot (video) February 26, 2021 There was a sharp shift in tone in markets yesterday, with the back-up in bond yields causing significant disruption in the equity market. Of note, that disruption spread beyond the tech and growth sectors – with weakness in all 11 S&P500 sectors, all 24 S&P500 industry groups, and all the key US headline equity indices [...]
New US jobless claims rise unexpectedly by 861,000 February 18, 2021 US jobless claims rise unexpectedly to 861,000
US braces for higher inflation amid pandemic recovery, warns Fed February 17, 2021 The US is trialling ways of bracing the American public for higher inflation rates as a fresh presidency attempts to heal an economy crippled by the ongoing pandemic, according to the Federal Reserve. Minutes released today from a lengthy policy meeting held by the US central bank last month revealed that Fed officials were prepared [...]