The British pound (GBP) rose by 0.26% on Tuesday, reaching a new 2.5-month high as the Bank of England’s (BOE) Governor gave some hawkish statements. Possible effects for traders During yesterday’s Monetary Policy Hearings in the British Parliament, the BOE Governor Andrew Bailey said that the central bank’s stance on monetary policy should remain ‘restrictive’. […]
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Canada’s labor market weakened notably in April as employment unexpectedly declined and the unemployment rate climbed to its highest level in months. Total employment fell by -17.7k during the month, sharply missing expectations for a Read more…
US job growth slowed in April but remained significantly stronger than expectes. Non-Farm Payrolls increased by 115k during the month, comfortably above consensus forecasts near 60k, while March payrolls were revised higher from 178k to Read more…
Goldman Sachs is taking a stronger view on Chevron after the energy giant’s first-quarter results gave analysts more confidence in the company’s cash flow outlook, production base, and shareholder return plans. In a report given Read more…