July 2009 Blog Posts (24)

The Forex Daily Digest – July 3, 2009

The Forex markets are trading today but as is the case when the U.S. takes a holiday, the rest of the world finds it difficult to attract any noticeable activity.

European shares traded lower with U.S. stock exchanges closed for the July 4th holiday, and utilities and metals producers are also trading lower. Data released today showed the second straight month of expansion for the British services sector in June, while euro-zone retail sales fell 0.4% in May.

The dollar… Continue

Added by Forex Daily Digest on July 3, 2009 at 1:00pm — No Comments

The Forex Daily Digest – July 2, 2009

As stocks in the U.S. began the new quarter with stable gains, market analysts are pointing to an indecisive economic climate in expressing their predictions for just how the market will do in the second half.

The Non-Farm Payrolls report showed a loss of 467,000 jobs in June, the unemployment rate rose and hourly earnings stagnated. These numbers are offering very few bits of data that the Obama administration’s stimulus package is helping the weak labor market. The payroll decline… Continue

Added by Forex Daily Digest on July 2, 2009 at 9:00am — No Comments

us non farm june 2 2009

THE EMPLOYMENT SITUATION: JUNE 2009

Nonfarm payroll employment continued to decline in June (-467,000),

and the unemployment rate was little changed at 9.5 percent, the Bureau

of Labor Statistics of the U.S. Department of Labor reported today.

Job losses were widespread across the major industry sectors, with

large declines occurring in manufacturing, professional and business

services, and construction.

Unemployment (Household Survey… Continue

Added by Adam Horak on July 2, 2009 at 8:37am — No Comments

July 01 2009 ADP

Nonfarm private employment decreased 473,000 from May to June 2009 on a seasonally

adjusted basis, according to the ADP National Employment Report®. The estimated change of

employment from April to May was revised by 47,000, from a decline of 532,000 to a decline of

485,000.

Monthly employment losses in April, May, and June averaged 492,000. This is a notable

improvement over the first three months of the year, when monthly losses averaged 691,000.

Nevertheless,… Continue

Added by Adam Horak on July 1, 2009 at 9:20am — No Comments