dimanche 8 mars 2015
Key Fundamental Factors this Week (3/9-3/13)
Posted on 12:53 by nice news
Last week was a busy one, with the RBA, BoC, BoE, and ECB making their monetary policy statements. We ended the week with a US jobs report, which showed better-than-expected NFP employment change numbers and unemployment falling to 5.5%. However, wage growth remained subdued and the participation rate (62.8%) was hovering above its historic low. Let’s take a look at what fundamental factors are in store for us this week.
We are continuing to see job openings increase, which adds to the rhetoric of labor market recovery. Once again, with jobs numbers and unemployment rate improving the market will now start to focus on wage growth and the participation rate. Declining unemployment rate is meaningless without improvement in participation rate as well, and the FOMC has repeated expressed the need to see wage growth before raising interest rates.
We are continuing to see job openings increase, which adds to the rhetoric of labor market recovery. Once again, with jobs numbers and unemployment rate improving the market will now start to focus on wage growth and the participation rate. Declining unemployment rate is meaningless without improvement in participation rate as well, and the FOMC has repeated expressed the need to see wage growth before raising interest rates.
Key Fundamental Factors this Week (3/9-3/13)
Categories: Key Fundamental Factors this Week (3/9-3/13)
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