Category Archives for "Analysis and Data"
The increase in shipping expenses might contribute an additional 0.4 percent to the inflation rate of consumer prices, as reported on a recent Monday.
Continue readingThe Turkish economy experienced a significant surge in inflation in January, with a 6.7% increase compared to the previous month, marking the largest monthly rise since August. On an annual basis, the inflation rate shot up to approximately 65% as indicated by data published by the Turkish Central Bank on Monday.
Continue readingThe surprise in today’s employment report was something certainly no one anticipated. The Non-Farm Payrolls (NFP) recorded 353k as against the predicted figure of 180k. True, there are instances when the actual figure beats the forecast by more than 100k but they are not common enough for economists to adjust their estimates accordingly. The unexpected upward revisions in the figures for the last few months are also contributing to the declining bond prices.
Despite the significant single-day drop, it’s noteworthy that bonds have seen a major boost this week. It might not be apparent today, but yields are lower on a week-to-week basis. How the market trends in the coming weeks, particularly following the release of the next Consumer Price Index (CPI) data (due in a week’s time), will be the real litmus test.
Continue readingAlthough it’s cautioned not to overanalyze variations from one month to another, it’s evident from the data that a persistent inequality exists between Black and white men within the job market.
Continue readingPunxsutawney Phil, the famous groundhog, predicted an early spring this morning after failing to see his shadow, despite having a less than fifty percent accuracy rate. On a separate note, tech tycoon Elon Musk continues to cement his influence across various sectors. His endeavours range from dominating the electric vehicle industry through Tesla, enhancing internet connectivity with Starlink, facilitating space exploration with SpaceX, and even neural technology. His expansive ventures give the illusion that we’re living in a futuristic sci-fi novel. Musk is undoubtedly dedicated to establishing a robust long-term foundation, evidenced by his recent headline-grabbing earnings. Unlike Musk, who has the luxury of remote work, many are left wondering if the post-pandemic period signals a return to traditional office environments. Professionals in loans, account executives, and commentary writing have been used to remote setups, but for many, it is still an adjustment. Adding to the controversy is recent research from the University of Pittsburgh, suggesting mandatory office returns don’t necessarily boost productivity. The Commentary podcast, sponsored by Calque this week, features an unusual interview where lawyer Brian Levy speaks with Robbie Chrisman about his non-mortgage-related life. In the realm of lender and broker software, services and products, consider becoming a Certified Military Home Specialist. This in-depth, self-paced 2-hour course provides invaluable insights into catering to the specific needs of military borrowers. By taking this course, professionals can significantly enhance their credibility within the military community, meeting their financing needs more effectively. Available at a discounted price, this course offers immediate certification upon completion. For group learning, contact Joel for corporate discount opportunities. Pursue this unique opportunity to empower our heroes with their dream homes. To enroll, click here.
Continue readingMarket predictions had anticipated a surge of 185,000 in nonfarm payrolls for January, as per industry-wide agreement.
Continue readingAozora stocks reached their weakest point since February 2021, experiencing a significant drop by as much as 18.5%. While this was taking place, the Nikkei 225 index saw an increase of 0.5%.
Continue readingIn recent reports, it was disclosed that intended job cuts skyrocketed to 82,307 within the month, experiencing a substantial increase of 136% compared to the figures from December.
Continue readingFresh data on euro zone inflation for January was recently disclosed by Eurostat.
Continue readingIn the past, the Bond market didn’t hold high regard for the Job Openings and Labor Turnover Survey (JOLTS). However, over the last couple of years, it’s gained increased significance as the world attempted to navigate the uncertain labor market in the post-pandemic era. In some instances, it’s even had a more substantial impact than the prominent jobs report. Today, a spike in job vacancies has undone earlier Treasury gains and nudged the Mortgage-Backed Securities (MBS) into a slightly more vulnerable position. Even so, bonds can reflect on the winning streak they’ve maintained in the preceding week and a half, despite today’s setback.
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