Confirming you are not from the U.S. or the Philippines

By giving this statement, I explicitly declare and confirm that:
  • I am not a U.S. citizen or resident
  • I am not a resident of the Philippines
  • I do not directly or indirectly own more than 10% of shares/voting rights/interest of the U.S. residents and/or do not control U.S. citizens or residents by other means
  • I am not under the direct or indirect ownership of more than 10% of shares/voting rights/interest and/or under the control of U.S. citizen or resident exercised by other means
  • I am not affiliated with U.S. citizens or residents in terms of Section 1504(a) of FATCA
  • I am aware of my liability for making a false declaration.
For the purposes of this statement, all U.S. dependent countries and territories are equalled to the main territory of the USA. I accept full responsibility for the accuracy of this declaration and commit to personally address and resolve any claims or issues that may arise from a breach of this statement.
We are dedicated to your privacy and the security of your personal information. We only collect emails to provide special offers and important information about our products and services. By submitting your email address, you agree to receive such letters from us. If you want to unsubscribe or have any questions or concerns, write to our Customer Support.
Back

US: All eyes on labor market data - BBH

Research Team at BBH, suggests that today there are two readings of the US labor market for investors today. 

Key Quotes

“First are the weekly jobless claims.  This is the closest thing to a real time check of US jobs.  There has been some deterioration in recent weeks, which is partly a function of strike activity.  The four-week moving average has risen to 278k, its highest level since the end of January.  Second, is the ADP estimate for private sector employment.  The median forecast on Bloomberg is for an increase in ADP from 156k in April to 173k in May.

Note the ADP trend.  The three-month average is 185k, while the six-month average is near 205k.  While the weekly jobless claims are noisy, and may be distorted by a labor dispute at Verizon, the slowing trend of ADP cannot be simply dismissed.  However, as full employment in the US is approached, slower job growth is anticipated, including by policymakers.”

US: Manufacturing exiting the doldrums? – ING

James Smith, Economist at ING, suggests that against expectations for a dip, the US ISM Manufacturing unexpectedly increased in May, although the ISM
Read more Previous

EUR/USD cautious around 1.1200, ECB eyed

The common currency keeps a tight range above the 1.12 handle vs. the greenback today, althogh gains in EUR/USD appear so far limited around 1.1220.
Read more Next