By Musabbir Mazhar In the US, the jobs report came out with non-farm payrolls increasing 20,000 for the month of February 2019, which largely falls short of market consensus expectations of 192,000 jobs. This is not good news – to put into perspective, the average job increase was 223,000 each month in 2018 and 311,000 […]
Tag Archives: unemployment
Bombardier (BBD.B) up 15%; 18th March’14 Market Update:
By Musabbir Mazhar Bombardier Inc. (BBD.B) shares are up 15% in the last 11 days, currently trading at $4.14 from $3.60 on Mar 7th. Yesterday, it was announced that the company would be a major supplier of locomotives for freight rail system in South Africa – this is one of SA’s largest infrastructure projects. The […]
US – Canada Jobs report, USD/CAD, US Budget Surplus; Market update 17th Jan 2014
By Musabbir Mazhar The US Jobs number came out last Friday (10th Jan) at 74,000 job additions for December which has been taken by the markets as a shocker and the US 10 year treasury yields went down on the news. But more sense should be put into this- Workers weren’t looking for work for […]
Market Update Monday, 2nd December 2013: US Treasury yields Rise, Non-farm Payrolls due to come out Friday
By Musabbir Mazhar Investors were engaging in a sell-off today of the US 10 year treasury and caused its prices to fall – yields rose 5 basis points or 0.0005 to 2.80% as ISM (Institute for Supply Management) data came out positive. This yield level is highest seen since the last 10 days. Investors were […]
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