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January 17, 2021
Published: Sunday, 17 January 2021 05:54 January 17, 2021 - Sacramento – Californians impacted by the historic COVID-19 pandemic are now starting to see the availability of up to 11 weeks of additional unemployment benefits from two federal programs. The California Employment Development Department (EDD) is automatically re-opening Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Assistance (PEUC) claims for those who had a balance remaining on those claims when...
January 14, 2021
EUR/USD remains stuck in the 1.2150 region on Thursday. The ECB will publish its Accounts of the December meeting. US weekly Claims, Powell will dictate
January 14, 2021
The selling pressure around the single currency stays well and sound and now forces EUR/USD to recede to the proximity of the key support at 1.21 the
January 14, 2021
Marcelo Hernandez/Getty New US jobless claims for the week that ended Saturday totaled 965,000, the Labor Department said Thursday, signaling the labor markets rebound weakened through the end of the holiday season. Economists surveyed by Bloomberg expected a reading of 800,000 claims. The data shows a sizable increase from the previous weeks revised number of 784,000. The jump was the biggest since March. Continuing claims, which track Americans receiving unemplo...
January 11, 2021
The Conference Board Employment Trends Index™ (ETI) Remained Unchanged in December The spread of COVID-19 and resulting policy restrictions halt labor market recovery News provided by Share this article Share this article NEW YORK, Jan. 11, 2021 /PRNewswire/ -- The Conference Board Employment Trends Index™ (ETI) was virtually unchanged in December, after seven consecutive monthly increases that started in May. The index now stands at 99.01, down from 99.05 (an upward revision) in November. ...
January 7, 2021
1/7/2021 2:45:16 PM GMT | By Pablo Piovano EUR/USD rebounds from 2-day lows around 1.2245. The dollar remains bid as US yields climb above the 1.0% mark. US Initial Claims rose 77K WoW ahead of the ISM Non-Manufacturing. EUR/USD remains in recovery-mode following the earlier test of lows in the mid-1.2200s. EUR/USD weaker on USD-buying EUR/USD so far halts a 3-day positive streak, coming under selling pressure after hitting new tops in the 1.2350 region o...
January 1, 2021
In today's Financial Focus, we have a check of the stock market and the stocks with ties to Las Vegas.
December 24, 2020
Christmas Eve: Bus. Dev., MLO, AE Jobs; Verification Tool; Disaster News; What is "Build for Rent"? Dec 24 2020, 8:12AM New Homes Sales tumbled over 11 percent in November. Does that mean no one wants new homes, they’re over-priced, or there aren’t any to buy? One has to look at statistics critically. Housing stats tell us that bigger isn’t always better. Per the Census Bureau, the average square footage of new homes sold in the U.S. dropped from 2,724 in 2015 t...
December 23, 2020
Ops, MLO, Bank Sales Management Jobs; QC Report, Retention, Cap. Markets Tools; Jumbo and Non-QM Tidbits Dec 23 2020, 8:23AM My cat Myrtle (Myrtlus Domesticus) doesn’t have much in the way of material possessions. Need to get rid of unwanted junk during the holidays? Put it in Amazon boxes and leave them on your front porch. The holidays are a time of a lot of awkward meetings, especially your girlfriend’s parents. Here is an entertaining 3-minute video with subti...
December 18, 2020
12/18/2020 3:02:17 AM GMT Initial unemployment claims rose for the fourth time in five weeks. 4-Week Moving Average in Initial Claims The best way to spotlight trends in initial claims is to look at the 4-week moving average. I added that chart for this weeks report. The 4-week moving average trend lower bottomed two weeks ago at 740,000 and is now 812,500. It rose for the second consecutive week. That hasnt happened since April 18. Initial State Unemployment Claims in 2020 2020-11-17 I...