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.
Please help to keep this blog going. If you need to open a live account kindly register with one of the recommended FSB regulated brokers using the links provided HERE. For further assistance you can WhatsApp me on: +27 76 966 9392 Or +27 64 510 4132. Below is our weekly economic news.