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FTSE / DOW YTD

Quiz of the week's news

3/7.

3/7 Snap.

That's worrying! :-)

Tis a bit, however on a positive note... Great minds think alike -):

True, very true.

Morning all!

Opening Market Summary

Midday Market Summary

Non-Farm payrolls at 1:30.-

CAD Building Permits m/m -12.9% -4.2% 7.7%

CAD Trade Balance -2.5B -0.9B -0.6B

CAD Labor Productivity q/q -0.1% 0.0% 0.1%

USD Non-Farm Employment Change 295K 240K 257K

USD Unemployment Rate 5.5% 5.6% 5.7%

USD Average Hourly Earnings m/m 0.1% 0.2% 0.5%

Interesting figures,

Not sure how to interpret "CAD Building Permits m/m -12.9% -4.2% 7.7% "

There you go Fred.

Source Statistics Canada (latest release)

Measures Change in the total value of new building permits issued;

Usual Effect Actual > Forecast = Good for currency;

Frequency Released monthly, about 35 days after the month ends;

Next Release Apr 9, 2015

Why Traders Care It's an excellent gauge of future construction activity because obtaining a permit is among the first steps in constructing a new building;

Skinny.

Thanks.

I was questioning for myself order of figures. (one of my dyslexia problems.) L to R or R-L.

But I took it as -12.9% as down on previous month.

Also, then questioning why. I suppose weather!

Have a better day.

Yes - its something like - Actual, Forecast, Previous.

Thank you, sometimes I my paranoia overcomes me.

Who is that B. behind me again?

Closing Market Summary