Let's put that number into perspective The March employment report for Canada showed the economy losing 1.01 million jobs but that just scratches the surface. The survey data was collected March 15-21.
Blogs
New York City Mayor de Blasio: Hospitalizations down to 383 on Saturday from 463
New York City Mayor de Blasio speaking about recent New York City statistics New York City daily Covid hospital, ICU admissions trending down: ForexLive
UK coronavirus deaths rise to 11,329 from 10,612 yesterday
Coronavirus statistics from the UK being released ForexLive
Major indices open down around 0.4% to 0.6% after the long weekend
Trading resumes after the Good Friday holiday The major indices are opening down about 0.3% to 0.5% after the long weekend. The US stock markets will close on Friday in observance of Good Friday.
Saudi oil min: We're ready to cut further in June if needed
Price Abdulaziz on a conference call If you can't cut to boost it, jawbone. ForexLive
What are all the tourists who would be in Paris and New York doing? Evidently they're trading oil
They're not watching Netflix The amount of tourism in the oil market at the moment is shocking to me. The trading world is full of volatility junkies who rush into any market that's moving. Right now that's oil.
Yes…The earnings season will get underway this week
Earnings schedule for the week Yes…it is earnings season already and the likes of JP Morgan and Citigroup will kick off the season by reporting their earnings.
The JPY is the strongest and the EUR is the weakest
The USD is mixed in semi-holiday trading It is Easter Monday in Europe so price action can be limited. Nevertheless, trading is going on. The US markets are open after the Good Friday hiatus. The markets also get to react to the OPEC+ cut of 9.7M BPD. The reaction is not that great. In the […]
Yen leads the way amid holiday-thin conditions
The dollar is mixed across the board ForexLive Most major European centers are closed in Europe in observance of Easter Monday, so liquidity conditions remain thin for the most part today.
US futures keep lower ahead of North American trading
S&P 500 futures down by about 1% ForexLive Not much is happening in trading so far today as most markets are still closed in observance of Easter Monday. But US stocks will be back in action after the long weekend, with futures keeping weaker for the time being.