Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Interest Rates

News : Interest Rates

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 

Global Economy Week Ahead : U.S. Jobs Report and Trade, Brazil Rates Decision

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/03/2017 | 09:15pm CEST
By WSJ Staff 

The week ahead features U.S. data on trade, productivity, employment and consumer sentiment, while Brazil's central bank could cut its benchmark interest rate to an all-time low.

TUESDAY: The U.S. Commerce Department releases data on international trade for October. The trade deficit widened in September by 1.7%, reflecting imports increasing to the highest level since January. Economists surveyed by The Wall Street Journal forecast a trade gap of $47.4 billion in October, compared with $43.5 billion in September.

WEDNESDAY: The Brazilian central bank is expected to cut rates to a historic low of 7%, but markets are increasingly uneasy about the country's debt load, which is much higher than in other emerging markets and is likely to keep growing as the government struggles to fix an insolvent pension system. If a pension overhaul isn't approved this year, interest rates could bounce back to higher levels as soon as next year, economists say.

The central banks of Canada and India also will make policy decisions Wednesday, while the Reserve Bank of Australia releases a policy statement Tuesday (Monday night in the U.S.).

The U.S. Labor Department releases revised data on worker productivity for the third quarter. The first reading, released in early November, showed productivity increased at a 3% seasonally adjusted annual rate, up from a 1.5% growth rate for the second quarter. Economists surveyed by The Wall Street Journal forecast third-quarter productivity rose at a revised 3.2% annual rate.

FRIDAY: The U.S. Labor Department releases the November jobs report, days before the Federal Reserve's December monetary policy meeting Dec. 12-13. Investors are penciling in a December interest-rate increase with near certainty, and the November employment figures could provide further ammunition for another rate rise. Economists surveyed by The Wall Street Journal forecast the unemployment rate will remain 4.1% in November and nonfarm payroll employment growth of 190,000.

The University of Michigan releases its preliminary reading on December consumer sentiment. The University of Michigan's consumer-sentiment index was 98.5 in November, up from a preliminary reading of 97.8 but down from 100.7 in October. Economists surveyed by The Wall Street Journal expect a consumer sentiment reading of 99.4 in December.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Interest Rates"
04/24Wall Street slides as high bond yields fan cost worries
RE
04/24Near-Junk Illinois to Sell More Bonds -- Will Investors Buy In?
DJ
04/23Dollar climbs as U.S. 10-year bond yield flirts with 3 percent
RE
04/23Few Britons expect Bank of England to raise rates next month - survey
RE
04/20Venezuela Bonds Deliver Top Returns in Emerging Markets This Year -- Update
DJ
04/20Explainer - Will the Bank of England raise rates in May after Carney dampened expectations?
RE
04/20Flows into U.S., EM equities and high-yield bonds show investors still hungry for risk - BAML
RE
04/19Bank Indonesia Keeps Interest Rates Unchanged
DJ
04/19Surprise inflation drop muddies outlook for interest rates
RE
04/17FED'S EVANS : Fed Can Raise Rates Gradually -- Update
DJ
Latest news "Interest Rates"
Advertisement