Market News
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Australian Dollar retreats as weak jobs data weighs on RBA rate outlook
AUD/USD declines 0.22% on Thursday and trades around 0.7110 at the time of writing.
Japanese Yen: Debt concerns shape FX outlook – Rabobank
Rabobank's Senior FX Strategist Jane Foley discusses USD/JPY in context of fiscal and debt dynamics in Japan and the United States (US).
Canada New Housing Price Index (YoY) unchanged at -2.3% in July
Canada New Housing Price Index (YoY) unchanged at -2.3% in July
US Initial Jobless Claims dropped to 206K last week
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance shrunk to 206K for the week ending August 15.
Canada Employment Insurance Beneficiaries Change (MoM) fell from previous 0% to -0.4% in June
Canada Employment Insurance Beneficiaries Change (MoM) fell from previous 0% to -0.4% in June
United States Continuing Jobless Claims climbed from previous 1.777M to 1.799M in August 7
United States Continuing Jobless Claims climbed from previous 1.777M to 1.799M in August 7
Canada Raw Material Price Index registered at -2.2%, below expectations (-1.8%) in July
Canada Raw Material Price Index registered at -2.2%, below expectations (-1.8%) in July
United States Philadelphia Fed Manufacturing Survey came in at 47.4, above forecasts (25) in August
United States Philadelphia Fed Manufacturing Survey came in at 47.4, above forecasts (25) in August
Canada Industrial Product Price (MoM) above expectations (-0.4%) in July: Actual (0.6%)
Canada Industrial Product Price (MoM) above expectations (-0.4%) in July: Actual (0.6%)
United States Initial Jobless Claims 4-week average rose from previous 199KÂ to 204K in August 14
United States Initial Jobless Claims 4-week average rose from previous 199KÂ to 204K in August 14
United States Initial Jobless Claims came in at 206K, below expectations (210K) in August 14
United States Initial Jobless Claims came in at 206K, below expectations (210K) in August 14
Canada New Housing Price Index (MoM) below forecasts (0%) in July: Actual (-0.1%)
Canada New Housing Price Index (MoM) below forecasts (0%) in July: Actual (-0.1%)
United States: Long-end yield risks contained – ING
ING’s Padhraic Garvey analyses how the US Treasury’s decision to double buybacks in 10-30 year maturities affects long-end US Treasuries. He stresses that while the programme is sizeable and could be expanded again, it mainly mutes, rather than reverses, upward pressure on long yields.

