Canada’s jobless rate at pandemic low as election race nears

12-09-2021
Statistics Canada said on Friday that the country's unemployment rate had fallen to 7.1 per cent, the lowest since the onset of pandemic outbreak

US wholesale inventories rise; inventories-to-sales ratio hits lowest in seven years

12-09-2021
US Commerce Department data unveiled on Friday that US wholesale inventories had perked up last month, a strong sign to a robust consumers' demand

Oil rallies to $73 on Biden-Xi conversation, tight US supplies

11-09-2021
On Friday, both US and UK crude oil contracts' prices jumped more than 2.0 per cent, eking out marginal weekly gains

US weekly jobless claims near 18-month low as labour market recovery gathers pace

11-09-2021
US weekly initial jobless claims fell to an 18-month low last week, the Labour Department said in a statement earlier on Thursday

US job openings hit record as employers struggle to find workers

10-09-2021
US Labour Department's monthly JOLTS data had revealed on Wednesday that US job openings had raced to another record

Oil prices settle over 1.5 per cent higher as producers assess Hurricane Ida damage

09-09-2021
On Wednesday, both US WTI (West Texas Intermediate) and UK crude oil futures' prices fell more than 1.5 per cent

Oil falls after Saudi lowers crude prices for all grades in Asia

07-09-2021
On Monday, both US and UK crude oil contracts had closed out the day lower following a Saudi decision to trim crude prices for all grades in Asia

Turkey sees inflation easing to 9.8 per cent by end-2022

06-09-2021
The Turkish Government's so-called medium-term forecast released on Sunday had revealed that the country was expecting its core inflation indicator to ease to 9.8 per cent by end-2022

Russia’s jobless rate returns to pre-pandemic level, wages rise

05-09-2021
Rosstat data had revealed later this week that the Russia's unemployment rate had rebounded sharply to a pre-pandemic level

US nonfarm payrolls post smallest job gains since Jan, fall well short of expectation

04-09-2021
The US Labour Department's much-awaited nonfarm payrolls report released earlier on Friday had revealed that the US economy added only 235,000 jobs in August, the lowest since January

US weekly jobless claims fall below 350,000 as layoffs hit 24-year low

04-09-2021
US Labour Department data unveiled on Thursday that the number of Americans filing for first-time state unemployment benefits fell last week

Crude oil cruises over 2 per cent as US crude inventory falls, Dollar weakens

03-09-2021
Both US WTI and UK crude oil contracts' prices had surged more than 2 per cent on Thursday

US Consumer Confidence hits 6-month low; house prices spike to record

02-09-2021
The Conference Board, Inc., said in a statement that its index for US Consumer Confidence had plunged to a six-month low in August

Nigeria to launch $3bn dollar-denominated Eurobond on Oct. 11 with Lagos, NY roadshow

01-09-2021
Nigeria's Finance Minister, Zainab Ahmed, said on Monday that the country would launch its planned Eurobond issuance by October 11 following roadshows in Lagos and New York

Germany's annual consumer price inflation hits fresh 13-year peak in August

31-08-2021
On Monday, data from Germany's Federal Statistics Office had unveiled that the bloc's No. 1 economy's consumer price inflation had accelerated by the strongest pace in more than 13 years this month

Oil posts largest weekly gain since June ‘20 as Ida cuts Gulf of Mexico output by 96%

30-08-2021
Both US and UK oil futures' prices had reported their largest weekly gains in more than a year

Fed’s Powell fails to signal taper timeline, says near-term rate-hike unlikely

28-08-2021
On Friday, speaking in the annual Central Bankers' Jackson Hole Conference, US Federal Reserve Chair Jerome Powell had reiterated that the recent leg of inflation-surge would be 'transitory'

US corporate profits soar in Q2, 2021 as growth ticks up; weekly jobless claims rise

27-08-2021
US corporate profits had hit a fresh record over second quarter of the year with economic growth ticking higher

US business equipment spending stays strong even as new orders flatten

27-08-2021
On Wednesday, US Commerce Department data had revealed that new orders for US-borne core capital goods remained dithered last month

Oil prices soar over 3% on Mexican oil rig outage, weaker US Dollar

25-08-2021
Both US and UK crude oil contracts surged more than 3.0 per cent on Tuesday, paring steep losses stomached last week

US business activity rumples for third straight month in August- IHS Markit

25-08-2021
London-based British financial information provider, IHS Markit, said on Monday that the US business activity had slowed down for a third straight month in August

Oil skyrockets 5%, snaps 7-day losing streak as Dollar weakens, equities step up

24-08-2021
On Monday, both US and UK crude oil futures' prices rebounded more than 5 per cent, snapping a seven-day long losing streak

Crude oil posts biggest weekly decline in nine months as Delta concerns worsen

22-08-2021
US WTI and UK crude oil contracts had nosedived more than 9 per cent and 8 per cent respectively over the week

US manufacturing production jumps as automakers suspend annual retooling shutdown

21-08-2021
US Federal Reserve said in a statement that US manufacturing output leapt as much as 1.4 per cent last month

US weekly initial jobless claims drop to 17-month low despite delta surge

20-08-2021
US Labour Department said in a statement on Thursday that the number of Americans filing for first-time state unemployment benefits fell 29,000 to a seasonally adjusted 348,000 over the week that ended on August 15