9/30 – Weekly Economic Highlights
Market volatility intensified this week as global central banks acted to maintain financial stability. The Bank of England intervened to avoid a crash in the gilt market following the surge in bond yields triggered by the government’s proposed unfunded tax cuts. The central bank suspended quantitative tightening and instead pledged unlimited purchases of long-dated bonds to restore market functioning and reduce credit contagion risks. Yields fell dramatically across the curve in the US and UK bond markets. This followed the Japanese government’s intervention last week, with purchases of yen in an effort to support the exchange rate while the central bank maintained ultra-low interest rates.
9/23 – Weekly Economic Highlights
The U.S. economy added 528,000 jobs in July, more than double market expectations of 250,000, and job gains were revised up by 28,000 for the prior two months. Trends in employment remain strong, with the three-month moving average payrolls at 437,000 and the six-month moving average at 465,000.
9/16 – Weekly Economic Highlights
The U.S. economy added 528,000 jobs in July, more than double market expectations of 250,000, and job gains were revised up by 28,000 for the prior two months. Trends in employment remain strong, with the three-month moving average payrolls at 437,000 and the six-month moving average at 465,000.
9/9- Weekly Economic Highlights
The U.S. economy added 528,000 jobs in July, more than double market expectations of 250,000, and job gains were revised up by 28,000 for the prior two months. Trends in employment remain strong, with the three-month moving average payrolls at 437,000 and the six-month moving average at 465,000.
9/2- Weekly Economic Highlights
The U.S. economy added 528,000 jobs in July, more than double market expectations of 250,000, and job gains were revised up by 28,000 for the prior two months. Trends in employment remain strong, with the three-month moving average payrolls at 437,000 and the six-month moving average at 465,000.
8/26- Weekly Economic Highlights
The U.S. economy added 528,000 jobs in July, more than double market expectations of 250,000, and job gains were revised up by 28,000 for the prior two months. Trends in employment remain strong, with the three-month moving average payrolls at 437,000 and the six-month moving average at 465,000.
8/19- Weekly Economic Highlights
The U.S. economy added 528,000 jobs in July, more than double market expectations of 250,000, and job gains were revised up by 28,000 for the prior two months. Trends in employment remain strong, with the three-month moving average payrolls at 437,000 and the six-month moving average at 465,000.
8/12- Weekly Economic Highlights
The U.S. economy added 528,000 jobs in July, more than double market expectations of 250,000, and job gains were revised up by 28,000 for the prior two months. Trends in employment remain strong, with the three-month moving average payrolls at 437,000 and the six-month moving average at 465,000.
8/5- Weekly Economic Highlights
The U.S. economy added 528,000 jobs in July, more than double market expectations of 250,000, and job gains were revised up by 28,000 for the prior two months. Trends in employment remain strong, with the three-month moving average payrolls at 437,000 and the six-month moving average at 465,000.
7/29- Weekly Economic Highlights
Tightening financial conditions and the year-to-date increase in interest rates continue to adversely impact the trajectory of the US and Global economy. Notably the advance report on second quarter GDP exhibited negative growth for the second quarter in a row, coming in at -0.9% compared to the -1.6% reading in the first quarter of 2022.