5/2/2012 – CNBC Stock Market Squawk Box (ADP Employment Report). Signaling disappointment for Friday’s employment report, ADP estimates that April private payrolls will rise by only 119000 in what would be significant monthly slowing vs a revised 201000 in March….
4/27/2012 – CNBC Stock Market Squawk Box (Q1 GDP). GDP growth slowed in the first quarter with a drop in government spending being the big negative. The positive was a moderate acceleration in consumer spending. GDP growth eased to 2.2 percent from 3.0 percent in the fourth quarter. The advance estimate came in lower than market expectations for a 2.5 percent gain. However, the component mix showe…
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5/4/2012 – CNBC Stock Market Squawk Box (April Jobs Report). April jobs were softer than expected but there were upward revisions and the unemployment rate dipped to 8.1 percent from 8.2 percent in March. Seasonality issues apparently are still at play. Payroll jobs in April increased only 115000, following increases of 154000 in March (originally 120000) and 259000 in February (prior estimate up…
5/3/2012 – CNBC Stock Market Squawk Box (Initial Jobless Claims). Jobless claims fell very convincingly in the April 28 week, down 27000 to a much lower-than-expected level of 365000. The Labor Department reports no distortions in the data. The big decline takes claims back toward the 350000 level that was being tested in March and February. But this is only one week of improvement which is reflec…
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IG Markets Singapore’s Market Strategist Justin Harper updates you on the major FX pairs. The comments in this video do not constitute investment advice and IG Markets accepts no responsibility for any use that may be made of them.
