U.S. nonfarm payrolls rose by 227,000 after the November quarter, the largest increase since March 2024.
Golden Ten Futures, November 30th, according to the PMI of the steel industry surveyed and released by the China Internet of Things Steel Logistics Professional Committee, it was 50.6% in November 2024, down 4 percentage points from the previous month, ending two consecutive months of upward trend. However, the index remains in the expansion range, indicating that after the peak season, the growth rate of the steel industry has slowed down, but it still maintained an overall stable and slightly ...
IMF: Forecasts global GDP growth of 3.2% in 2024, unchanged from July's forecast; 3.2% in 2025, down from 3.3% forecast in July. Downside risks to the economy include monetary policy being too tight and commodity prices soaring due to escalating wars. Global economic growth will fall to 3.1% over five years, below the pre-epidemic trend.
On October 14th, OPEC monthly report: It is expected that the growth rate of global crude oil demand in 2024 will be 1.93 million barrels per day, previously expected to be 2.03 million barrels per day. It is expected that the growth rate of global crude oil demand in 2025 will be 1.64 million barrels per day, previously expected to be 1.74 million barrels per day.
The German government has lowered its GDP growth forecast to negative territory. Will the two consecutive years of economic contraction prompt the European Central Bank to act as soon as possible?
U.S. non-farm payrolls rose more than all expectations in September, the largest increase since March. The unemployment rate unexpectedly fell to 4.1, easing market fears of a significant deterioration in the labor market. Data released by the Bureau of Labor Statistics on Friday showed that non-farm payrolls rose by 254,000 in September after payrolls were revised up by 72,000 in July and August. The unemployment rate fell to 4.1%. Combined with data earlier this week showing that demand for wo...
The Federal Reserve forecasts that the GDP growth rate of the United States will be 2.0% in 2024 and 2.1% in June; the GDP growth rate of the United States is expected to be 2.0% in 2025 and 2.0% in June; the GDP growth rate of the United States is expected to be 2.0% in 2026 and 2.0% in June; the GDP growth rate of the United States in 2027 is expected to be 2.0%; the long-term GDP growth rate of the United States is expected to be 1.8% and 1.8% in June.
"Small non-farmers" recorded the smallest increase in three years, and gold hit the 2520 mark! Putin said he was ready to negotiate with Ukraine, OPEC + changed his mind! Guotai Junan will merge with Haitong Securities... What major events happened in the world last night and this morning?
OPEC Monthly Report: It is expected that the growth rate of global crude oil demand in 2024 will be 2.11 million barrels per day, previously expected to be 2.25 million barrels per day. It is expected that the growth rate of global crude oil demand in 2025 will be 1.78 million barrels per day, previously expected to be 1.85 million barrels per day.
Mr. Barkin said the growth in non-farm payrolls in the 114,000 was not good enough but was "reasonable data" and that a sharp rate cut would be typical if the US economy weakened rapidly.