Category: Headlines
-
US Non-Farm Payrolls* (Feb) 311k vs. Exp. 205.0k (Prev. 517.0k, Rev. 504k); two-month net revisions: -34k (prev. +71k)
-
US Initial Jobless Claims w/e 211k vs. Exp. 195.0k (Prev. 190.0k)
-
US Challenger Layoffs (Feb) 77.770k (Prev. 102.943k)
-
Fed Chair Powell says Fed has not made any decision yet about the March meeting, Fed is data dependent, will be guided by incoming data; repeats terminal rate will likely be higher than previously expected
-
Fed’s Barkin (non-voter) says high inflation means Fed still has work to do, labour market has been unbelievably resilient
-
US ADP National Employment* (Feb) 242k vs. Exp. 200.0k (Prev. 106.0k, Rev. 119k)
-
FED Chair Powell says nothing about the data suggests we’ve tightened too much and rather suggests have more work to do; data so far suggests they will have a higher terminal rate
Get the Latest on Powell’s Testimony: Implications for Investors and Bankers
-
German Chancellor says Federal Government has taken note of latest report by NY Times on Nord Stream pipelines sabotage and a few days ago, Sweden, Denmark, and Germany informed UN Security Council investigations are ongoing and still no results
-
fed chair powell says if incoming data indicates faster tightening is required, fed is prepared to increase pace of rate hikes
-
Litecoin leads way as most big cryptocurrencies post declines