Elliott Wave View: S&P 500 Futures ($ES) Wave 5 In Progress

Canadian and U.S. jobs reports on Friday will highlight the growing underperformance of the Canadian labour market compared to the U.S. We expect Canadian employment edged up 10,000 with the unemployment rate rising to 6.7% in November from 6.5% in October. Canada has steadily posted job growth, but not fast enough to keep up with […]

In focus today Today, two Riksbank board members will give speeches on monetary policy and the economic outlook, Aino Bunge (8.30) and Per Jansson (16.00). It will be very interesting to hear their comments on the benign March inflation print and the recent global developments, in particular how they assess the perception of delayed rate […]

The Jackson Hole Symposium will be held on August 22-24 Fed Chairman Powell speaks on Friday at 14.00 GMT Markets expect a dovish tone in support of a September rate cut Fed minutes and PMI surveys to set the scene Markets are gearing up for the Jackson Hole Symposium The much talked-about Jackson Hole Symposium […]