Economic news

Economic news 10 To 13 April

Economic News To Watch This Week

Last week was such a busy week. European Central Bank (ECB) president Mario Draghi had his speech about monetary policies on Thursday. On Friday U.S Non-Farm Payrolls dropped by 76K from expected 174K to 98K.  U.S Averaged Hourly Earnings held steady at 0.2% while U.S Unemployment Rate decreased from expected 4.7% to 5.5%. Canada Unemployment rate held steady at expected 6.7% while Canada Employment Change rose from expected 5.7K to 19.4K which was good for Canadian Dollar. This week Fed Chair Janet Yellen is due to speak at the University of Michigan on Monday.  New Zealand,  Australian, Canadian, Swiss and German banks will be closed in observance of Good Friday. Learn more about trading on a bank holiday HERE.

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