Australia saw a loss of 6.4K jobs in February, significantly worse than a gain of 16.3K expected and after a rise of 13.5K in January. The shortfall was compounded by an increase in the unemployment rate: from 5.7% to 5.9%. Not all the details are terrible: full-time jobs were gained while part-time positions were lost. The [...]
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According to exit polls after voting ended at 20:00 GMT, the extreme-right Freedom Party (PVV) led by Geert Wilders will receive only 19 seats in parliament. This is far behind the mainstream Liberal Party (VVD) led by incumbent PM Mark Rutte which is on track to receive 31 seats. Boost for mainstream, no demand for populism more coming
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The Fed raises rates, leaves dot plot at 3 hikes Dollar falls The Federal Reserve made it clear that it is about to raise interest rates in March. The bigger question is: what’s next? (See the full Fed preview) The dot-lot, new forecasts, the FOMC statement and the press conference by Fed Chair Janet Yellen [...]
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