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Adam Button

Locked and loaded for September non-farm payrolls. What to watch for

Non-farm payrolls comes on the first Friday of the month and this edition is pushed back all the way to the 7th because of the way the calendar falls. That sets up a...

Preview: September non-farm payrolls by the numbers

Consensus estimate +250KPrivate +265KAugust +315KUnemployment rate consensus estimate: 3.7% vs 3.7% priorParticipation rate prior 62.4% Prior underemployment U6 7.0%Avg hourly earnings y/y exp +5.1% y/y vs +5.2% priorAvg hourly earnings m/m exp +0.3%...

New EU oil price cap must be agreed by Dec 5 or previous blanket ban will go into effect

Cap will have to adapt to market prices and be set below market but at level Russia would still want to sellEigth round of sanctions adds oil cap for transport servies on top...

Consolidation is on the menu ahead of Friday’s jobs report

It's a light one on the economic calendar today. The lone data highlight is the initial jobless claims report at the bottom of the hour. The consensus is a bump to 203K to...

RBNZ signals increased unease over the weaker NZD – MUFG

MUFG Research discusses its reaction to this week's RBNZ policy decision. "After yesterday’s dovish RBA policy surprise when they slowed the pace of rate hikes to 25bps, market participants were braced for a...

White House says OPEC is ‘aligning with Russia’ and it’s absolutely true

The White House is out with a comment saying that the OPEC+ production cut is a 'clear' indication that the bloc is 'aligning with Russia'.They're totally right but it's also something that should...

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