Daily Pivots: (S1) 0.9368; (P) 0.9382; (R1) 0.9404; More…. EUR/CHF’s rally from 0.9178 is in progress and intraday bias stays on the upside for 0.9452 key structural resistance. Decisive break there will carry larger bullish implications. For now, risk will stay on the upside as long as 0.9325 support holds, in case of retreat. In […]
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Daily Pivots: (S1) 0.8722; (P) 0.8738; (R1) 0.8750; More… Intraday bias in EUR/GBP stays neutral for consolidations and with 0.8800 resistance intact, further decline is expected. Fall from 0.8863 should at least be a correction to the up trend from 0.8221, with risk of bearish reversal. Below 0.8720 will target 0.8631 cluster (38.2% retracement of […]
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Markets News that German parliament was set to approve a record €52bn in military procurement contracts next week extended the latest Bund sell-off immediately at the start of trading, resulting in new cycle/near term highs across the curve. Unlike the past few days, the move lacked technical momentum and triggered some return action. Yesterday’s hawkish […]
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October hires were little changed, holding at 5.1 million.
The hire rate remained steady at 3.2%.
No significant hiring shifts occurred across any major industries
In October, total separations were little changed at 5.1 million and a 3.2% rate.
Total separations fell in health care & social assistance (-111,000) and the federal government (-34,000).
Quits in October were little changed at 2.9 million with a 1.8% rate.
Quits were down 276,000 over the year.
Quits decreased in:
Accommodation & food services (-136,000)
Health care & social assistance (-114,000)
Federal government (-25,000)
Federal government quits hit a series high of 46,000 in September.
Quits increased in:
Arts, entertainment & recreation (+38,000)
Information (+21,000)
This article was written by Greg Michalowski at investinglive.com.
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