MNI: BRAZIL CENTRAL BANK HOLDS SELIC RATE AT 10.50%

MNI: Rough Transcript of Powell's July Press Conference

MNI: Comparison of Powell's Opening Statement - July vs June

MNI China Daily Summary: Wednesday, July 31

MNI: PBOC Net Injects CNY185.57 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1346 Weds; -1.39% Y/Y

July Export Growth Below Expectations, But Still Improvement On June

EZ/UK Bond Supply Calendar: Spain, France Auction on Thursday

US EIA: CRUDE OIL STOCKS EX SPR -3.44M TO 433.0M JUL 26 WK

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US JOLTS - More Openings, Slightly Fewer Quits

DATA REACT
  • The JOLTS report for December showed mixed messages with a surprise jump in job openings from an upward revised Nov (+150k to 10.925m vs cons. 10.3m) but a slightly lower quits rate after last month’s high.
  • The private sector quits rate saw a relatively broad-based 0.2pp dip to 3.2%. It was led by construction and accommodation & food services, with the latter likely linked to greater job uncertainty on rising Omicron fears (but still with a quits rate far higher than pre-pandemic and an indicator of continued wage growth strength).
  • Nevertheless, these values continue to show a very tight labour market, as evidenced by the further decline in the unemployment rate in the payrolls household survey.
  • Coupled with ISM prices paid surprisingly lurching higher (separate bullet), front Eurodollar futures dipped to session lows before bouncing and the Tsy curve flattening but then re-steepening.
BulletMarketsFixed Income BulletsForeign Exchange BulletsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.