The latest batch of Canadian employment data will hit the markets at 13:30 GMT Friday. It seems that the Omicron wave hit the labor market in January, with forecasts pointing to a loss in jobs. Read more…
NFP insight If you’ve gotten accustomed to seeing strong growth in US jobs every single month, as the rest of the world has, you may be in for a rude surprise this month. According to Read more…
European stock markets are coming under pressure on Thursday, with the moves being exacerbated by the realisation that rate hikes may come earlier and faster than thought. Equity markets were already under a little pressure Read more…
The Australian dollar headed lower earlier in the day before recovering. In the North American session, AUD/USD is trading at 0.7137, down 0.01% on the day. The RBA policy meeting went as expected, with the Read more…
Wormhole, which connects the two most popular blockchains, Ethereum and Solana, is offering hackers $10 million to return the money. It’s a bad streak for the cryptosphere, a dark series likely not to reassure even Read more…
Facebook’s metaverse division lost more than $10 billion last year, but the company is sticking to its bet and will continue to invest in AR/VR projects. Facebook’s (FB) – Get Meta Platforms Inc. Class A Read more…
After a rocky beginning, TCL’s flagship Google TV is a winner Continue reading…
Facebook is an ‘extraordinary business,’ he said. But Buffett sees the best businesses as the most difficult to value. Warren Buffett has shown admiration for Meta Platforms (Facebook) (FB) – Get Meta Platforms Inc. Class Read more…
Markets The Bank of England did what it was supposed to do: raise rates. The MPC agreed on a 5-4 basis for a 25bps hike to 0.5%. The four members voting against were actually in Read more…
US ISM Services dropped -2.4 pts to 59.9 in January, above expectation of 58.7. Looking at some details, business activity/production dropped -8.4 to 59.9. New orders dropped -0.4 to 61.7. Employment dropped -2.4 to 52.3. Read more…