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UK payrolls drop for first time in 4 months

Bloomberg The UK labour market weakened unexpectedly, with company payrolls falling for the first time in four months and more people dropping out of the workforce. The number of employees on payrolls fall 56,000 in March, the Office for National Statistics said. The jobless rate falls to 4.9% in the quarter through February because 80,000 people became economically inactive, indicating ...

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Business sentiment rises to third-highest ever in Canada

Bloomberg Business sentiment rises to near record levels at the start of 2021 on an improving outlook for both domestic and foreign demand, according to the Bank of Canada. The results its latest quarterly survey of executives show business conditions continuing to improve, with many firms no longer worried about pandemic uncertainty. Managers reported stronger sales outlooks, investment intentions and ...

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Treasury yields climb on growth bets, dollar drops

Bloomberg US Treasury yields climb amid confidence the Federal Reserve will remain accommodative even as robust growth takes the world’s largest economy back to pre-pandemic levels. Stock-index futures were little changed. Havens including the dollar and government bonds were under pressure while copper, seen as a barometer of growth, surged to the highest in a decade. The US 10-year rate ...

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