Forex Consulting

Australian labour market data due this week – preview

Thursday this week (16 Nov) brings the October labour market report, a day after the Q3 wages data () preview here NAB preview: Employment on Thursday, the underlying story remains of positive forward indicators that suggest the recent run of strong employment growth should continue. Trend employment growth of 24k a month will continue to…

Forex Consulting

NY Fed GDP Nowcast for Q4 at 3.2%

Unchanged from last weeks estimate The NY Feds Nowcast estimate for 4Q GDP came in unchanged vs last week at 3.2%.  The forecast (since Sept) has been as low as 1.8%. The current reading is the high point.   Copyright 2015 Forexlive.com