OTTAWA, July 7 Reuters Canada39;s economy added far more jobs than expected in June, data showed on Friday, a result analysts said probably seals the deal for another Bank of Canada BoC interest rate hike next week. Jobs increased by a net 59,900 in June, the most since January and higher than a forecast gain […]

NEW YORK, July 7 Reuters Investors are on edge ahead of Friday39;s U.S. jobs report after more evidence of economic resilience cemented expectations of higher rates for longer and sent yields to a 16year high. Unexpected strength in the labor market, which showed private payrolls surged in June, sent the twoyear U.S. Treasury yield, which typically moves […]

May regular pay growth fastest in 28 years Spring labour talks 2023 yielded average 3.58 pay hikes Rengo Real wages 1.2, 14th month of decrease on inflation April household spending 4.0 yy, 1.1 mm TOKYO, July 7 Reuters Japan39;s nominal base salary grew at the fastest pace in 28 years in May, government data showed […]

Nonfarm payrolls forecast increasing 225,000 in June Unemployment rate seen falling to 3.6 from 3.7 Average hourly earnings forecast rising 0.3;up 4.2 yy WASHINGTON, July 7 Reuters U.S. growth likely slowed in June after surging in the prior two months, but labor market conditions remain tight, with the unemployment rate expected to have retreated from […]

ROME, July 7 Reuters The United Nations food agency39;s world price index fell in June to its lowest level in more than two years, pushed down by a drop in the cost of sugar, vegetable oils, cereals and dairy products. The Food and Agriculture Organization39;s FAO price index, which tracks the most globallytraded food commodities, averaged 122.3 […]