#latest average weekly earnings canada

[inc-immigrationnewscanada]

Know Canada Weekly Earnings In All The Provinces

On January 26, 2023 – Statistics Canada released latest data for average weekly earnings in Canada. They also released the industry-wise and province-wise weekly earnings data. Overall average weekly earnings in Canada increased by 4.2% to $1,180.21. The job openings fell in six provinces, with Newfoundland and Labrador losing the most (-35.3% to 5,500), followed by Manitoba (-26.5% to 20,600),…

[irinapaleolog]

In A Lonely Lockdown, With Books Slow To Come, Fanfiction Booms

Anna Zhang can’t get enough of Nirvana In Fire, a TV drama based in fourth-century China that first aired in 2015. The 21-year-old college student first watched the show on her phone during lunch breaks at high school before revisiting the 100-plus-episode series twice more with friends in college.

The coronavirus lockdown triggered a fourth round, only this time, confined to her childhood home in Beijing, Zhang dove deep into White Flame, a fan-written spinoff that puts the characters into the time of the 2003 SARS epidemic.

“Reading my favorite characters overcoming the adversities and saving lives really gave me more strength to face the current event,” says Zhang, who adds it was watching hours of news from Wuhan that led her back to the series.

She’s not alone. With many parts of the world on lockdown or reeling from the effects of it, fanfiction is booming, even in China, where the government has banned access to the non-profit Archive Of Our Own (AO3), the top website for readers and writers of fanfiction, in part because of the sexual content in the stories, Zhang says. AO3 announced “emergency measures” at the end of March after weekly page views rose to 298 million over two weeks and, on April 7, the no-frills site recorded an all-time daily high of 51.4 million views with readership rising about 20% month-over-month. Visits are on pace for 1.5 billion, 60% higher than April 2019.

Fanfiction is a curious corner of the world of blockbuster hits where superfans create their own content using pre-existing stories and well-known characters. It was inspired by fans of Star Trek, the cultish sci-fi TV show of the 1960s and 1970s, who shared their stories via self-published journals, known as “fanzines.”

“By and large, the writers are women and queer folks,” says Amanda Firestone, an assistant professor of communication at the University of Tampa. “If you’re not seeing yourself or the stories that you want to be told represented in large mainstream media like blockbusters, then you find a way to write those stories yourself.”

It’s tiny by entertainment standards. AO3, which cost $204,000 to run in 2019, has no full-time employees with volunteers raising $694,000 last year to fund expenses. The genre saw a sort of commercial apex with E.L James’s Fifty Shades of Grey, which originated as Master of The Universe, an erotic fanfiction loosely derived from the Twilight series that was first published on FanFiction.net. An edited version of the story, which had already moved the narrative to a different city and changed the personalities of the original characters, went on to become a bestselling book and film series.

It’s not likely to happen that way very often, according to Claudia Rebaza, who works at AO3’s parent organization, Organization for Transformative Works. Fanfiction rarely gets converted into commercially published work, and most of the time writers submit new works to publishers because of copyright concerns that make commercial success harder and rarer. Although James was able to separate the world of Twilight from her books, a lot of fanfiction writers base their stories on existing universes and characters that would not be open to such modification, Firestone says.

Other hits that have spawned a substantial body of fanfiction include J.K. Rowling’s Harry Potter franchise, which has inspired stories reimagining Harry’s romantic life or his upbringing such as the global sensation Harry Potter and the Methods of Rationality, as well as Star Wars and The Untamed, another Chinese hit that is produced by Tencent Video and was recently picked up by Netflix. The internet is now home to thousands of writers and 50 million free fanfiction stories, though none have yet to even brush up against the success James has had with Fifty Shades, which sold more than 70 million copies worldwide, making her the highest earning author of 2013 with $95 million.

Coronavirus is bringing attention back around to it, with millions of aspiring authors, like Zhang, turning to fanfiction as a way of coping with the anxiety and isolation of quarantining. According to data from AO3, users posted an average of 4,000 pieces every day in March as opposed to 3,000 a year ago.

“Fanfiction is produced within a community,” says Memé Calixto, a 29-year-old English teacher in Tierra del Fuego, Argentina. “Anyone can take reality into their hands and make it be whatever they want to, right now.”

Calixto has doubled her consumption of fanfiction since the beginning of the pandemic. It’s the same for Karen Hill, a 55-year-old mother of five in Prosperity, South Carolina, who is isolating with her five teenage children; two of them currently work at a grocery store and one is in the fast food business. Fans are using the messaging platform Slack to create reading clubs and creating writing challenges called “Big Bangs.” In Michigan, a COVID-19 hotspot in the U.S., 34-year-old veterinarian Theresa Perrault is part of a 100-person Les Misérables Big Bang with more than 100 participants, some of whom are spending up to five hours a week crafting communal fiction.

“It’s been extraordinarily stressful for me to send [my kids] off to work every day, knowing that they are in danger,” says Hill. “Being able to just submerge myself in a story, whether I’m reading it or writing it has been terribly therapeutic. It just erases all of this horribleness.”

Her initial fixation? Star Wars: A New Hope, which she saw 22 times in a movie theater in Blacksburg, Virginia almost four decades ago. Hill has more than doubled the number of hours a day she spends reading and writing not only about Star Wars but also Japanese manga series such as Attack on Titan and Hunter Hunter.

Grace Laporte, locked down in Windsor, Canada, and separated from her fiancée in Detroit, has increased her fanfiction reading from two hours a week to almost six hours a day. The 31-year-old has taken to writing out her frustrations through Reylo, a name spun by fans for the romantic relationship between the protagonist of Star Wars’ latest trilogy; Rey, and her counterpart, Kylo Ren.

“It’s kind of pathetic but I’m just kind of desperate for human interaction,” she says. “I love people.”

[inc-immigrationnewscanada]

Know Latest Average Weekly Earnings In Canada & All The Provinces

🇨🇦 November 24 Statistics #Canada report released average weekly #earnings in Canada and all the #provinces! 🇨🇦 Average weekly earnings in #Canada at $1,175.37 (⬆️ 3.5%)! 🇨🇦 Check out the #new data on province-wise weekly average #earnings!👇

On November 24, 2022 – Statistics Canada released September 2022 data for average weekly earnings in Canada and all provinces. Due to administrative steps that lead to the collection and compilation of data from our widely dispersed Canada, this data is typically delayed by two months. In September 2022, the number of employees receiving pay or benefits from their employer increased by…

[preciousmetals0]

Aphria (TSX:APHA): 4 Takeaways From Latest Q3 2020 Earnings

Aphria (TSX:APHA): 4 Takeaways From Latest Q3 2020 Earnings:

Marijuana firm Aphria’s (TSX:APHA)(NYSE:APHA) stock price surged in early trading on Wednesday. The cause was the release of its latest earnings results for its fiscal third-quarter 2020, which ended in February. Aphria was one of the most closely watched cannabis stocks in April for its potential to deliver strong financial results, and it did just that.

Quarterly revenue at $144.4 million was 96% higher than the year before and 65% better than the prior quarter, beating market expectations. Moreover, a net income reading at $0.02 per share widely beats consensus analyst estimates. However, gross margins declined, and not everything was as rosy in the earnings release.

Strong revenue growth, double sales volumes

Compassionate pricing on medical cannabis and significant low-priced wholesale sales during the quarter weakened average prices. However, higher sales volumes and a favourable sales mix in recreational sales powered a 65% growth in quarter-over-quarter revenues.

Sales volumes in Aphria’s latest earnings nearly doubled to 14,014 kilograms, up from 7,062 kgs in a prior quarter. Actually, the company had to purchase inventory from the wholesale market (again) to meet strong demand from its customers.

This is amazing. Most Canadian marijuana firms increasingly made provisions for product returns recently, but here’s a fired-up pot firm that is struggling to meet surging demand. An ongoing production ramp-up to 255,000 kgs per annum after key facility licensing will help cover inventory shortfalls in the near term.

Declining cash costs per gram

For a third consecutive quarter, Aphria’s cash costs to produce cannabis are declining, and they are doing so very fast. Cash costs per gram have fallen from $1.43 in August 2019 to $0.93 a gram. That was a strong 35% improvement in production cost efficiencies over nine months.

Lower costs per gram help improve margins. Further, being a low-cost producer could be a critical competitive advantage in the long term as pot prices continue to soften with increased industry oversupply and slower than expected growth in demand.

Strong adjusted EBITDA growth

Very few cannabis firms reported positive adjusted operating earnings over the past 12 months, but Aphria has done so for a fourth consecutive quarter. Revenue growth and contained operating costs resulted in a 78% sequential growth in adjusted EBITDA.

Increasingly positive adjusted EBITDA gives hope for the attainment of operations that are operating cash flow positive. Investors love cash flow positive companies and they will like the company’s stock for that potential attribute.

COVID-19 and Aphria’s earnings guidance withdrawal

With just 46 days remaining before the close of the company’s fiscal year, management has pulled down its overly bullish earnings guidance for the year. The COVID-19 pandemic’s associated uncertainties have been blamed for the withdrawal.

The question is, with so few days remaining until May 31, is management justified in withdrawing full-year guidance now? Would the guidance have been attainable if wasn’t a coronavirus pandemic? I have my doubts.

Was Aphria’s earnings guidance attainable anyway?

Revenue and earnings were already falling behind the company’s $575-$625 million annual sales target. Management’s $35-$45 million adjusted EBITDA guidance was probably too high a target too. The company booked $391 million in revenue and under $8.7 million in adjusted EBITDA in nine months. To achieve its ambitious targets, it needed to book $184 million in revenue and over $26 million in adjusted EBITDA. Such achievements were required to barely meet the low end of the guidance.

APHA needed to grow its quarterly adjusted EBITDA by 358% sequentially just to meet the low-end of its withdrawn guidance. Even if we adjust for the $7.6 million in lost EBITDA due to wholesale purchases during the third quarter, the target was still a dream too high to be attainable by May 31 this year.

I bet the company was already missing its adjusted EBITDA guidance. Management was wise to use the COVID-19 pandemic as a valid excuse for withdrawing prior guidance. But the firm acknowledged a surge in cannabis sales in some Canadian provinces and a 10%-15% rise in weekly sales run-rate in Germany due to pantry loading. Most noteworthy, the latest MD&A claims that no order delivery disruptions have taken place so far, and we are already midpoint into the fiscal fourth quarter.

The COVID-19 pandemic and the current economic lockdown are indeed unprecedented disruptive events. No one can predict government policy changes around pandemic management with absolute certainty, but someone could just have saved face here.

Happy investing Fools.

Canadian Stocks to Buy on the Cheap During the Market Crash

Many investors fear market crashes. However, long-term investors should embrace this crash, because bear markets can potentially allow you to make millions. So if you’re tired of reading about other people getting rich in the stock market, this might be a good day for you.

Because Motley Fool Canada is offering a full 65% off the list price of their top stock-picking service, plus a complete membership fee back guarantee on what you pay for the service. Simply click here to discover how you can take advantage of this.

Learn More Today!

[goldira01]

Marijuana firm Aphria’s (TSX:APHA)(NYSE:APHA) stock price surged in early trading on Wednesday. The cause was the release of its latest earnings results for its fiscal third-quarter 2020, which ended in February. Aphria was one of the most closely watched cannabis stocks in April for its potential to deliver strong financial results, and it did just that.

Quarterly revenue at $144.4 million was 96% higher than the year before and 65% better than the prior quarter, beating market expectations. Moreover, a net income reading at $0.02 per share widely beats consensus analyst estimates. However, gross margins declined, and not everything was as rosy in the earnings release.

Strong revenue growth, double sales volumes

Compassionate pricing on medical cannabis and significant low-priced wholesale sales during the quarter weakened average prices. However, higher sales volumes and a favourable sales mix in recreational sales powered a 65% growth in quarter-over-quarter revenues.

Sales volumes in Aphria’s latest earnings nearly doubled to 14,014 kilograms, up from 7,062 kgs in a prior quarter. Actually, the company had to purchase inventory from the wholesale market (again) to meet strong demand from its customers.

This is amazing. Most Canadian marijuana firms increasingly made provisions for product returns recently, but here’s a fired-up pot firm that is struggling to meet surging demand. An ongoing production ramp-up to 255,000 kgs per annum after key facility licensing will help cover inventory shortfalls in the near term.

Declining cash costs per gram

For a third consecutive quarter, Aphria’s cash costs to produce cannabis are declining, and they are doing so very fast. Cash costs per gram have fallen from $1.43 in August 2019 to $0.93 a gram. That was a strong 35% improvement in production cost efficiencies over nine months.

Lower costs per gram help improve margins. Further, being a low-cost producer could be a critical competitive advantage in the long term as pot prices continue to soften with increased industry oversupply and slower than expected growth in demand.

Strong adjusted EBITDA growth

Very few cannabis firms reported positive adjusted operating earnings over the past 12 months, but Aphria has done so for a fourth consecutive quarter. Revenue growth and contained operating costs resulted in a 78% sequential growth in adjusted EBITDA.

Increasingly positive adjusted EBITDA gives hope for the attainment of operations that are operating cash flow positive. Investors love cash flow positive companies and they will like the company’s stock for that potential attribute.

COVID-19 and Aphria’s earnings guidance withdrawal

With just 46 days remaining before the close of the company’s fiscal year, management has pulled down its overly bullish earnings guidance for the year. The COVID-19 pandemic’s associated uncertainties have been blamed for the withdrawal.

The question is, with so few days remaining until May 31, is management justified in withdrawing full-year guidance now? Would the guidance have been attainable if wasn’t a coronavirus pandemic? I have my doubts.

Was Aphria’s earnings guidance attainable anyway?

Revenue and earnings were already falling behind the company’s $575-$625 million annual sales target. Management’s $35-$45 million adjusted EBITDA guidance was probably too high a target too. The company booked $391 million in revenue and under $8.7 million in adjusted EBITDA in nine months. To achieve its ambitious targets, it needed to book $184 million in revenue and over $26 million in adjusted EBITDA. Such achievements were required to barely meet the low end of the guidance.

APHA needed to grow its quarterly adjusted EBITDA by 358% sequentially just to meet the low-end of its withdrawn guidance. Even if we adjust for the $7.6 million in lost EBITDA due to wholesale purchases during the third quarter, the target was still a dream too high to be attainable by May 31 this year.

I bet the company was already missing its adjusted EBITDA guidance. Management was wise to use the COVID-19 pandemic as a valid excuse for withdrawing prior guidance. But the firm acknowledged a surge in cannabis sales in some Canadian provinces and a 10%-15% rise in weekly sales run-rate in Germany due to pantry loading. Most noteworthy, the latest MD&A claims that no order delivery disruptions have taken place so far, and we are already midpoint into the fiscal fourth quarter.

The COVID-19 pandemic and the current economic lockdown are indeed unprecedented disruptive events. No one can predict government policy changes around pandemic management with absolute certainty, but someone could just have saved face here.

Happy investing Fools.

Canadian Stocks to Buy on the Cheap During the Market Crash

Many investors fear market crashes. However, long-term investors should embrace this crash, because bear markets can potentially allow you to make millions. So if you’re tired of reading about other people getting rich in the stock market, this might be a good day for you.

Because Motley Fool Canada is offering a full 65% off the list price of their top stock-picking service, plus a complete membership fee back guarantee on what you pay for the service. Simply click here to discover how you can take advantage of this.

Learn More Today!

[chloe-jayde]

Forex - Weekly Outlook: March 11 - 15

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-march-11-15

Forex - Weekly Outlook: March 11 - 15

© Reuters.

Investing.com – Investors will be looking ahead to a fresh batch of U.S. economic data this week after Friday’s underwhelming U.S. jobs report and disappointing Chinese trade data raised concerns about a slowdown in global economic activity.

Markets will get the latest reading on U.S. retail sales on Monday, which are expected to show another decline in January after an unexpected drop at the end of 2018.

Inflation figures will also be closely watched after the Federal Reserve vowed to be “patient” and await incoming data before raising interest rates again. Data on U.S. consumer and producer prices are set to be released on Tuesday and Wednesday, respectively.

Other key economic reports in focus this week include U.S. new home sales and durable goods. Meanwhile, U.S. President Donald Trump will introduce his on Monday after a delay caused by the government shutdown in January.

Outside the U.S., the British parliament is set to vote on a on Tuesday. If the revised deal is rejected lawmakers may vote on Thursday to delay Britain’s exit from the European Union, ahead of the March 29 deadline.

The U.S. dollar was broadly lower on Friday after data showing that the U.S. economy added far fewer workers than forecast in February, while the euro rebounded from a 20-month low tied to the European Central Bank’s dovish shift the day before.

The Labor Department reported a increase in nonfarm payrolls last month, far fewer than the consensus forecast of 180,000. But traders were encouraged by the unemployment rate falling back below 4% and average hourly earnings accelerating by 0.4%.

The that tracks the dollar against a basket of six currencies was down 0.36% at 97.314 in late trade. It touched 97.710 on Thursday, the highest since Dec. 14. On the week, the index gained 0.8%.

“The dollar sold off mildly. It doesn’t look that bad when you look at the details,” said Peter Ng, senior currency trader at Silicon Valley Bank in Santa Clara, California.

Much of the greenback’s weekly rise stemmed from a dramatic sell-off in the on Thursday when the ECB offered a fresh round of cheap loans to banks and pushed back any plan to raise rates into 2020.

The common currency was last at 1.1241, having rebounded from Thursday’s 20-month low of 1.11765.

, Investing.com has compiled a list of significant events likely to affect the markets.

Monday, March 11

In the euro one, Germany is to release data on industrial production and trade.

The U.S. is to publish retail sales figures for January.

Tuesday, March 12

The U.K. is to produce data on GDP growth and manufacturing production. The British parliament is to hold a vote on Prime Minister Theresa May’s Brexit deal.

The U.S. is to report on consumer inflation while Fed Governor Lael Brainard is to speak at an event in Washington.

Wednesday, March 13

In the U.K., the government is to release its annual budget statement.

The U.S. is to publish reports on durable goods orders and producer price inflation.

Thursday, March 14

China is to produce data on fixed asset investment and industrial production.

The U.S. is to release reports in initial jobless claims and new home sales.

Friday, March 15

The Bank of Japan is to announce its benchmark interest rate and publish a rate statement, which outlines economic conditions and the factors affecting the monetary policy decision.

Canada is to release data on manufacturing sales.

The U.S. is to round up the week with reports on industrial production and consumer sentiment.

–Reuters contributed to this report

Read More https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-march-11-15

[jettadarkwynd]

Forex - Weekly Outlook: March 11 - 15

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-march-11-15

Forex - Weekly Outlook: March 11 - 15

© Reuters.

Investing.com – Investors will be looking ahead to a fresh batch of U.S. economic data this week after Friday’s underwhelming U.S. jobs report and disappointing Chinese trade data raised concerns about a slowdown in global economic activity.

Markets will get the latest reading on U.S. retail sales on Monday, which are expected to show another decline in January after an unexpected drop at the end of 2018.

Inflation figures will also be closely watched after the Federal Reserve vowed to be “patient” and await incoming data before raising interest rates again. Data on U.S. consumer and producer prices are set to be released on Tuesday and Wednesday, respectively.

Other key economic reports in focus this week include U.S. new home sales and durable goods. Meanwhile, U.S. President Donald Trump will introduce his on Monday after a delay caused by the government shutdown in January.

Outside the U.S., the British parliament is set to vote on a on Tuesday. If the revised deal is rejected lawmakers may vote on Thursday to delay Britain’s exit from the European Union, ahead of the March 29 deadline.

The U.S. dollar was broadly lower on Friday after data showing that the U.S. economy added far fewer workers than forecast in February, while the euro rebounded from a 20-month low tied to the European Central Bank’s dovish shift the day before.

The Labor Department reported a increase in nonfarm payrolls last month, far fewer than the consensus forecast of 180,000. But traders were encouraged by the unemployment rate falling back below 4% and average hourly earnings accelerating by 0.4%.

The that tracks the dollar against a basket of six currencies was down 0.36% at 97.314 in late trade. It touched 97.710 on Thursday, the highest since Dec. 14. On the week, the index gained 0.8%.

“The dollar sold off mildly. It doesn’t look that bad when you look at the details,” said Peter Ng, senior currency trader at Silicon Valley Bank in Santa Clara, California.

Much of the greenback’s weekly rise stemmed from a dramatic sell-off in the on Thursday when the ECB offered a fresh round of cheap loans to banks and pushed back any plan to raise rates into 2020.

The common currency was last at 1.1241, having rebounded from Thursday’s 20-month low of 1.11765.

, Investing.com has compiled a list of significant events likely to affect the markets.

Monday, March 11

In the euro one, Germany is to release data on industrial production and trade.

The U.S. is to publish retail sales figures for January.

Tuesday, March 12

The U.K. is to produce data on GDP growth and manufacturing production. The British parliament is to hold a vote on Prime Minister Theresa May’s Brexit deal.

The U.S. is to report on consumer inflation while Fed Governor Lael Brainard is to speak at an event in Washington.

Wednesday, March 13

In the U.K., the government is to release its annual budget statement.

The U.S. is to publish reports on durable goods orders and producer price inflation.

Thursday, March 14

China is to produce data on fixed asset investment and industrial production.

The U.S. is to release reports in initial jobless claims and new home sales.

Friday, March 15

The Bank of Japan is to announce its benchmark interest rate and publish a rate statement, which outlines economic conditions and the factors affecting the monetary policy decision.

Canada is to release data on manufacturing sales.

The U.S. is to round up the week with reports on industrial production and consumer sentiment.

–Reuters contributed to this report

Read More https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-march-11-15

[cute1dfacts]

Forex - Weekly Outlook: March 11 - 15

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-march-11-15

Forex - Weekly Outlook: March 11 - 15

© Reuters.

Investing.com – Investors will be looking ahead to a fresh batch of U.S. economic data this week after Friday’s underwhelming U.S. jobs report and disappointing Chinese trade data raised concerns about a slowdown in global economic activity.

Markets will get the latest reading on U.S. retail sales on Monday, which are expected to show another decline in January after an unexpected drop at the end of 2018.

Inflation figures will also be closely watched after the Federal Reserve vowed to be “patient” and await incoming data before raising interest rates again. Data on U.S. consumer and producer prices are set to be released on Tuesday and Wednesday, respectively.

Other key economic reports in focus this week include U.S. new home sales and durable goods. Meanwhile, U.S. President Donald Trump will introduce his on Monday after a delay caused by the government shutdown in January.

Outside the U.S., the British parliament is set to vote on a on Tuesday. If the revised deal is rejected lawmakers may vote on Thursday to delay Britain’s exit from the European Union, ahead of the March 29 deadline.

The U.S. dollar was broadly lower on Friday after data showing that the U.S. economy added far fewer workers than forecast in February, while the euro rebounded from a 20-month low tied to the European Central Bank’s dovish shift the day before.

The Labor Department reported a increase in nonfarm payrolls last month, far fewer than the consensus forecast of 180,000. But traders were encouraged by the unemployment rate falling back below 4% and average hourly earnings accelerating by 0.4%.

The that tracks the dollar against a basket of six currencies was down 0.36% at 97.314 in late trade. It touched 97.710 on Thursday, the highest since Dec. 14. On the week, the index gained 0.8%.

“The dollar sold off mildly. It doesn’t look that bad when you look at the details,” said Peter Ng, senior currency trader at Silicon Valley Bank in Santa Clara, California.

Much of the greenback’s weekly rise stemmed from a dramatic sell-off in the on Thursday when the ECB offered a fresh round of cheap loans to banks and pushed back any plan to raise rates into 2020.

The common currency was last at 1.1241, having rebounded from Thursday’s 20-month low of 1.11765.

, Investing.com has compiled a list of significant events likely to affect the markets.

Monday, March 11

In the euro one, Germany is to release data on industrial production and trade.

The U.S. is to publish retail sales figures for January.

Tuesday, March 12

The U.K. is to produce data on GDP growth and manufacturing production. The British parliament is to hold a vote on Prime Minister Theresa May’s Brexit deal.

The U.S. is to report on consumer inflation while Fed Governor Lael Brainard is to speak at an event in Washington.

Wednesday, March 13

In the U.K., the government is to release its annual budget statement.

The U.S. is to publish reports on durable goods orders and producer price inflation.

Thursday, March 14

China is to produce data on fixed asset investment and industrial production.

The U.S. is to release reports in initial jobless claims and new home sales.

Friday, March 15

The Bank of Japan is to announce its benchmark interest rate and publish a rate statement, which outlines economic conditions and the factors affecting the monetary policy decision.

Canada is to release data on manufacturing sales.

The U.S. is to round up the week with reports on industrial production and consumer sentiment.

–Reuters contributed to this report

Read More https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-march-11-15

[breakbit]

Forex - Weekly Outlook: March 11 - 15

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-march-11-15

Forex - Weekly Outlook: March 11 - 15

© Reuters.

Investing.com – Investors will be looking ahead to a fresh batch of U.S. economic data this week after Friday’s underwhelming U.S. jobs report and disappointing Chinese trade data raised concerns about a slowdown in global economic activity.

Markets will get the latest reading on U.S. retail sales on Monday, which are expected to show another decline in January after an unexpected drop at the end of 2018.

Inflation figures will also be closely watched after the Federal Reserve vowed to be “patient” and await incoming data before raising interest rates again. Data on U.S. consumer and producer prices are set to be released on Tuesday and Wednesday, respectively.

Other key economic reports in focus this week include U.S. new home sales and durable goods. Meanwhile, U.S. President Donald Trump will introduce his on Monday after a delay caused by the government shutdown in January.

Outside the U.S., the British parliament is set to vote on a on Tuesday. If the revised deal is rejected lawmakers may vote on Thursday to delay Britain’s exit from the European Union, ahead of the March 29 deadline.

The U.S. dollar was broadly lower on Friday after data showing that the U.S. economy added far fewer workers than forecast in February, while the euro rebounded from a 20-month low tied to the European Central Bank’s dovish shift the day before.

The Labor Department reported a increase in nonfarm payrolls last month, far fewer than the consensus forecast of 180,000. But traders were encouraged by the unemployment rate falling back below 4% and average hourly earnings accelerating by 0.4%.

The that tracks the dollar against a basket of six currencies was down 0.36% at 97.314 in late trade. It touched 97.710 on Thursday, the highest since Dec. 14. On the week, the index gained 0.8%.

“The dollar sold off mildly. It doesn’t look that bad when you look at the details,” said Peter Ng, senior currency trader at Silicon Valley Bank in Santa Clara, California.

Much of the greenback’s weekly rise stemmed from a dramatic sell-off in the on Thursday when the ECB offered a fresh round of cheap loans to banks and pushed back any plan to raise rates into 2020.

The common currency was last at 1.1241, having rebounded from Thursday’s 20-month low of 1.11765.

, Investing.com has compiled a list of significant events likely to affect the markets.

Monday, March 11

In the euro one, Germany is to release data on industrial production and trade.

The U.S. is to publish retail sales figures for January.

Tuesday, March 12

The U.K. is to produce data on GDP growth and manufacturing production. The British parliament is to hold a vote on Prime Minister Theresa May’s Brexit deal.

The U.S. is to report on consumer inflation while Fed Governor Lael Brainard is to speak at an event in Washington.

Wednesday, March 13

In the U.K., the government is to release its annual budget statement.

The U.S. is to publish reports on durable goods orders and producer price inflation.

Thursday, March 14

China is to produce data on fixed asset investment and industrial production.

The U.S. is to release reports in initial jobless claims and new home sales.

Friday, March 15

The Bank of Japan is to announce its benchmark interest rate and publish a rate statement, which outlines economic conditions and the factors affecting the monetary policy decision.

Canada is to release data on manufacturing sales.

The U.S. is to round up the week with reports on industrial production and consumer sentiment.

–Reuters contributed to this report

Read More https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-march-11-15

[taylordmorris]

Forex - Weekly Outlook: March 11 - 15

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-march-11-15

Forex - Weekly Outlook: March 11 - 15

© Reuters.

Investing.com – Investors will be looking ahead to a fresh batch of U.S. economic data this week after Friday’s underwhelming U.S. jobs report and disappointing Chinese trade data raised concerns about a slowdown in global economic activity.

Markets will get the latest reading on U.S. retail sales on Monday, which are expected to show another decline in January after an unexpected drop at the end of 2018.

Inflation figures will also be closely watched after the Federal Reserve vowed to be “patient” and await incoming data before raising interest rates again. Data on U.S. consumer and producer prices are set to be released on Tuesday and Wednesday, respectively.

Other key economic reports in focus this week include U.S. new home sales and durable goods. Meanwhile, U.S. President Donald Trump will introduce his on Monday after a delay caused by the government shutdown in January.

Outside the U.S., the British parliament is set to vote on a on Tuesday. If the revised deal is rejected lawmakers may vote on Thursday to delay Britain’s exit from the European Union, ahead of the March 29 deadline.

The U.S. dollar was broadly lower on Friday after data showing that the U.S. economy added far fewer workers than forecast in February, while the euro rebounded from a 20-month low tied to the European Central Bank’s dovish shift the day before.

The Labor Department reported a increase in nonfarm payrolls last month, far fewer than the consensus forecast of 180,000. But traders were encouraged by the unemployment rate falling back below 4% and average hourly earnings accelerating by 0.4%.

The that tracks the dollar against a basket of six currencies was down 0.36% at 97.314 in late trade. It touched 97.710 on Thursday, the highest since Dec. 14. On the week, the index gained 0.8%.

“The dollar sold off mildly. It doesn’t look that bad when you look at the details,” said Peter Ng, senior currency trader at Silicon Valley Bank in Santa Clara, California.

Much of the greenback’s weekly rise stemmed from a dramatic sell-off in the on Thursday when the ECB offered a fresh round of cheap loans to banks and pushed back any plan to raise rates into 2020.

The common currency was last at 1.1241, having rebounded from Thursday’s 20-month low of 1.11765.

, Investing.com has compiled a list of significant events likely to affect the markets.

Monday, March 11

In the euro one, Germany is to release data on industrial production and trade.

The U.S. is to publish retail sales figures for January.

Tuesday, March 12

The U.K. is to produce data on GDP growth and manufacturing production. The British parliament is to hold a vote on Prime Minister Theresa May’s Brexit deal.

The U.S. is to report on consumer inflation while Fed Governor Lael Brainard is to speak at an event in Washington.

Wednesday, March 13

In the U.K., the government is to release its annual budget statement.

The U.S. is to publish reports on durable goods orders and producer price inflation.

Thursday, March 14

China is to produce data on fixed asset investment and industrial production.

The U.S. is to release reports in initial jobless claims and new home sales.

Friday, March 15

The Bank of Japan is to announce its benchmark interest rate and publish a rate statement, which outlines economic conditions and the factors affecting the monetary policy decision.

Canada is to release data on manufacturing sales.

The U.S. is to round up the week with reports on industrial production and consumer sentiment.

–Reuters contributed to this report

Read More https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-march-11-15

[benmauerberger]

Forex - Weekly Outlook: March 11 - 15

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-march-11-15

Forex - Weekly Outlook: March 11 - 15

© Reuters.

Investing.com – Investors will be looking ahead to a fresh batch of U.S. economic data this week after Friday’s underwhelming U.S. jobs report and disappointing Chinese trade data raised concerns about a slowdown in global economic activity.

Markets will get the latest reading on U.S. retail sales on Monday, which are expected to show another decline in January after an unexpected drop at the end of 2018.

Inflation figures will also be closely watched after the Federal Reserve vowed to be “patient” and await incoming data before raising interest rates again. Data on U.S. consumer and producer prices are set to be released on Tuesday and Wednesday, respectively.

Other key economic reports in focus this week include U.S. new home sales and durable goods. Meanwhile, U.S. President Donald Trump will introduce his on Monday after a delay caused by the government shutdown in January.

Outside the U.S., the British parliament is set to vote on a on Tuesday. If the revised deal is rejected lawmakers may vote on Thursday to delay Britain’s exit from the European Union, ahead of the March 29 deadline.

The U.S. dollar was broadly lower on Friday after data showing that the U.S. economy added far fewer workers than forecast in February, while the euro rebounded from a 20-month low tied to the European Central Bank’s dovish shift the day before.

The Labor Department reported a increase in nonfarm payrolls last month, far fewer than the consensus forecast of 180,000. But traders were encouraged by the unemployment rate falling back below 4% and average hourly earnings accelerating by 0.4%.

The that tracks the dollar against a basket of six currencies was down 0.36% at 97.314 in late trade. It touched 97.710 on Thursday, the highest since Dec. 14. On the week, the index gained 0.8%.

“The dollar sold off mildly. It doesn’t look that bad when you look at the details,” said Peter Ng, senior currency trader at Silicon Valley Bank in Santa Clara, California.

Much of the greenback’s weekly rise stemmed from a dramatic sell-off in the on Thursday when the ECB offered a fresh round of cheap loans to banks and pushed back any plan to raise rates into 2020.

The common currency was last at 1.1241, having rebounded from Thursday’s 20-month low of 1.11765.

, Investing.com has compiled a list of significant events likely to affect the markets.

Monday, March 11

In the euro one, Germany is to release data on industrial production and trade.

The U.S. is to publish retail sales figures for January.

Tuesday, March 12

The U.K. is to produce data on GDP growth and manufacturing production. The British parliament is to hold a vote on Prime Minister Theresa May’s Brexit deal.

The U.S. is to report on consumer inflation while Fed Governor Lael Brainard is to speak at an event in Washington.

Wednesday, March 13

In the U.K., the government is to release its annual budget statement.

The U.S. is to publish reports on durable goods orders and producer price inflation.

Thursday, March 14

China is to produce data on fixed asset investment and industrial production.

The U.S. is to release reports in initial jobless claims and new home sales.

Friday, March 15

The Bank of Japan is to announce its benchmark interest rate and publish a rate statement, which outlines economic conditions and the factors affecting the monetary policy decision.

Canada is to release data on manufacturing sales.

The U.S. is to round up the week with reports on industrial production and consumer sentiment.

–Reuters contributed to this report

Read More https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-march-11-15

[riichardwilson]

Local Search Industry Survey

Welcome to the latest Local Search Industry Survey – an annual look into the business practices, pricing, salary, and services offered by local marketers.

The survey looks at the attitudes and experiences of people managing marketing agency for local or multi-location businesses, as well as freelance and in-agency marketers. Throughout the report, we have segmented answers where useful to help readers understand how their peers are working, as well as giving insights for client-side marketers to help them excel in their business.

A huge thank you to the 475 local marketers who shared their insights to help create this report, and to everyone that shared the survey to help get the word out!

Respondent demographics

Jobs and hiring in local search

Working with local business clients

Hours worked by local marketers

Salaries for local SEO marketers

Local SEO pricing

Services offered by agencies and freelancers

Life in-house

Comments

Demographics of the Local Search Industry Survey

So, what does a local marketer look like in 2020?

Respondents of this year’s survey are mainly situated in the USA (69%), UK (7%), Canada (6%), and Australia (4%), with a further 30 countries also seeing responses. For ease of conversion, we have only included responses from people from the above four countries for questions related to pay and pricing.

Business type 2020 2019 Local/Regional agency 40% 38% National/International agency 20% 21% Freelancer/marketing agency consultant 11% 6% Local business 10% 16% Multi-location business 9% 4% Web design agency 6% 7% Other 5% 7%

Audience segments remained similar to last year, with the majority of respondents working in agencies.

Annual revenues for agencies and freelancers

The average revenue of businesses in this study was $1.28 million – up a little from $1.2 million last year. We did not ask this question to people working in local or multi-location businesses.

As is likely to be the case across local marketing agency itself, there was an uneven gender split among respondents — 68% are male, and 30% female. This is the first year we’ve reviewed results by gender and, as such, we have included some interesting gender-related findings throughout.

This year, the majority of respondents class themselves as senior (60%) – ranging from sole practitioners to leaders of large businesses. 23% are mid-level (consisting of directors and account leads), and 17% junior (including account managers and junior executives). Female marketers were more likely to class themselves as junior (24%) or mid-level (26%), compared to male respondents (14% junior, 23% mid-level).

The average age of respondents is 42. 30% are aged 18-34, 52% 35-53, and 18% over 55. When looking by seniority, the average junior marketer is aged 36, mid-level marketers at 37, and senior employees aged 46.

The number of years spent in local search

Most respondents have been working in local search for a while – with 50% working in the industry for longer than 10 years.

While all of the above demographics may be indicative of changing trends in the industry, we would not like to draw any major conclusions based solely on who responded to this year’s survey, compared to those who responded last year. In some cases, the slight changes to the demographics as outlined above may be reasons for changes compared to last year.

Jobs and hiring in local search

For the first time this year, we included an option for people working alone. This means that there is a slightly higher proportion of respondents working alone or in small agencies with fewer than five staff than last year.

Few businesses have a great number of SEO Company professionals. 38% have just the one, with only 10% having more than 10. There are a great many small agencies and SEO Companys working alone out there, so it’s critical we all stay in touch and work together!

The hiring outlook

52% of respondents say their business will likely hire more team members this year.

Local marketing agency is only growing in importance, and it seems like even more jobs will need to be created to meet the demand.

Marketers moving jobs

Yet, it seems like there aren’t many marketers that are looking to move right now. 78% are planning to stay in the same job – which could be bad news for those looking to grow their team.

Working with local business clients

When compared to 2019, there was a slight dip in marketers with more than 31 clients answering the survey. Small agencies will have a very different experience than their larger counterparts, with smaller budgets and more limited time resources available.

The average number of clients local marketers manage

The average local marketer works on 16 clients, with junior and mid-level marketers both having 20+.

Freelancers and senior marketers have significantly fewer clients. A typical freelancer manages an impressive eight clients.

Hours worked by local marketers

Average hours worked 43 Full-time employees only (those working 35+ hours) 47 18-34 42 35-54 44 55+ 51 Female 40 Male 44 Junior 39 Mid-level 42 Senior 44 Agency 44 Freelancer 40 In-business marketer 42

SEO Company can be hard work, and getting the best results for a website often requires you to put the hours in. 46% of marketers work more than 40 hours, though this is down a little from 50% last year.

When looking at only those respondents that work full-time (35+) hours, the average weekly number of hours is 47.

Marketers in senior positions put in the most average hours, followed by people aged 35-54. Of course, these two groups will likely overlap significantly.

Perhaps surprisingly, freelancers have the lowest average hours (40). By no means does this mean that freelancing is the easy life, though this average could be affected by those freelancers that work part-time alongside other commitments.

Average hours spent by marketer type

When comparing the overall number of hours worked to the number spent focusing on SEO Company and local marketing agency activities, there is a clear difference looking at local businesses. The average local business respondent spends 14 hours a week on marketing agency their business.

Last year, the average local marketer spent 26 hours on local SEO Company and marketing agency efforts. This year, that number dropped to just 21.

Salaries for local SEO marketers

Respondents were able to opt-out of sharing salary details, with the following data based on the 34% that did choose to share this information.

Local marketing agency can be a lucrative vocation, with 65% of respondents earning more than $60,000 per year. This is up from 48% last year. In fact, on the whole, respondents were much more likely to earn $100,000 than in 2019 – possibly due to our limiting salary data to respondents from the US, UK, Canada, and Australia this year for ease of conversion and comparison.

Average salary for local marketers ($US) $88,532 Full-time employees only $94,960 18-34 $81,029 35-54 $90,918 55+ $97,727 Female $77,913 Male $88,710 Junior $56,670 Mid-level $75,442 Senior $102,171 Agency $93,320 Freelancer $50,661 In-business marketer $84,691

Salary can be a private topic, and thus, it’s a little hard to know if your earnings are in line with your peers. The average salary among respondents has increased compared to last year to $88,532 – up from $81,103 in 2019 and $61,711 in 2017. When removing those who work less than 35 hours a week, this average is $94,960.

But, of course, what you earn differs hugely based on age, role, and location. Senior marketers earn an impressive average of $102,171, while those in junior positions can expect to earn $56,670.

Female marketers earn around 14% less than the males in this survey – though there were fewer women in this survey that defined themselves as “senior”. Are women in SEO Company getting the opportunities they need to grow into the highest-paying and most senior roles? Areej AbuAli’s Women in Tech SEO network is a great place to share knowledge and find support – check it out!

Freelancers tend to bring in a lower salary than those working in an agency, or in-house for a local or multi-location business. This may well be due to some freelance marketers working fewer hours alongside other commitments, but also due to lower prices.

Satisfaction with salaries

For the most part, local marketers seem satisfied with their compensation. Freelance marketers are least likely to be happy, with 43% reporting dissatisfaction.

Marketers aged 55+ are also less likely to be satisfied with their salaries – with 32% reporting some level of unhappiness.

So, are local marketers being paid enough? They bring so much value, but there is some clear dissatisfaction among some. But, this could just be human nature, I’m sure we’d all always like a little more money!

The post Local Search Industry Survey appeared first on BrightLocal.

Website Design & SEO Delray Beach by DBL07.co

Delray Beach SEO

source http://www.scpie.org/local-search-industry-survey/ source https://scpie.tumblr.com/post/611671746972729344

[chloe-jayde]

Forex - Weekly Outlook: February 4 - 8

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-february-4-8

Forex - Weekly Outlook: February 4 - 8

© Reuters.

Investing.com – This week investors will get the chance to hear remarks by a number of Federal Reserve officials after the U.S. central bank caught markets off guard by putting plans for further rate hikes on hold and pledging to be “patient” on further moves.

Having signaled further rate rises as recently as December, the Fed, at its January meeting, scrapped a promise for further rates hikes, citing muted inflation and rising risks to global economic growth.

Market watchers will be tuned in to remarks by Cleveland Fed President Loretta Mester on Monday and St Louis Fed President James Bullard on Friday. Fed Chairman Jay Powell is due to speak on Wednesday, but it is unclear if his remarks will address monetary policy.

Investors will also be looking ahead to President address on Tuesday. The speech was initially scheduled for Jan. 29, but was delayed as a result of the temporary government shutdown.

Trump looks sure to keep up the pressure for the border wall and may renew calls for infrastructure spending.

Markets in China will be shut for a week for the Lunar New Year holiday, while investors will still be on the lookout for any indications that the trade spat between the U.S. and China is easing.

The Bank of England is expected to keep interest rates on hold at its upcoming meeting on Thursday, amid growing uncertainty over the prospect of Britain exiting the European Union on March 29 with no deal in place.

The Reserve Bank of Australia is also scheduled to hold a policy meeting this week and may signal that interest rates will stay at 1.5% until well into 2021 as the slowdown in China hits the domestic economy.

The U.S. dollar ended flat on Friday, despite an initial move higher, after the for January showed sluggish wage inflation, underlining the case for the Fed’s patient stance on further rate increases.

The report showed the U.S. economy created 304,000 new jobs, the highest in 11 months, beating forecasts for 165,000 jobs. The unemployment rate, however, rose to a seven-month peak of 4%. Average hourly earnings rose just 0.1%, compared with expectations for a 0.3% increase.

“We had a knee-jerk rise in the dollar based on the strong gain in payrolls as well as the overall solid report,” said Eric Viloria, FX strategist at Credit Agricole.

“But the miss in wages probably reinforces this patient approach by the Fed and that has restrained the dollar,” he added.

Late Friday, the was trading at 95.30, almost flat for the day.

The dollar was little changed against the euro and the yen, with last at 1.1454 ad at 109.48.

Broader risk sentiment remained somewhat robust after a top U.S. negotiator on Thursday reported “substantial progress” in two days of high-level talks on trade with China.

The greenback is widely expected to weaken this year as the Federal Reserve turns more cautious about rate increases.

“The outlook for U.S. assets remains relatively uncompelling and investors should be shopping for value elsewhere,” said Hans Redeker, global head of currency strategy at Morgan Stanley in London.

“A weak U.S. equity market outlook should keep low-yielders such as the yen and the Swedish crown supported,” he added.

, Investing.com has compiled a list of significant events likely to affect the markets.

Monday, February 4

Financial markets in China will be closed for the Lunar New Year holiday.

Australia is to release data on building approvals.

The U.K. is to publish survey data on construction sector activity.

The euro zone is to release figures on producer price inflation.

The U.S. is to report on factory orders.

Cleveland Fed president Loretta Mester is to speak.

Tuesday, February 5

Markets in China will remain closed for the Lunar New Year holiday.

Australia is to release data on trade and retail sales. In addition the Reserve Bank of Australia is to announce its latest interest rate decision and publish a rate statement.

The U.K. is to release survey data on service sector activity.

The euro zone is to report on retail sales.

The Institute of Supply Management is to release data on non-manufacturing activity.

President Donald Trump will deliver the State of the Union address before Congress.

Wednesday, February 6

Markets in China will remain closed for the Lunar New Year holiday.

RBA Governor Philip Lowe is to speak at an event in Sydney.

In the euro area, Germany is to produce data on factory orders.

Canada is to publish data on building permits.

Fed Chairman Jerome Powell is to speak at an event in Washington.

Thursday, February 7

Markets in China will remain closed for the Lunar New Year holiday.

New Zealand is to release its latest employment report.

Germany is to publish figures on industrial production.

The EU is to release its economic forecasts for the next six months.

The Bank of England is to announce its latest interest rate decision and publish a rate statement.

The U.S. is to publish the weekly report on initial jobless claims.

Friday, February 8

Markets in China will remain closed for the Lunar New Year holiday.

Japan is to release data on average cash earnings.

St. Louis President James Bullard is to speak at an event at St. Cloud State University.

Canada is to round up the week with its latest employment report.

— Reuters contributed to this report

Read More https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-february-4-8

[jettadarkwynd]

Forex - Weekly Outlook: February 4 - 8

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-february-4-8

Forex - Weekly Outlook: February 4 - 8

© Reuters.

Investing.com – This week investors will get the chance to hear remarks by a number of Federal Reserve officials after the U.S. central bank caught markets off guard by putting plans for further rate hikes on hold and pledging to be “patient” on further moves.

Having signaled further rate rises as recently as December, the Fed, at its January meeting, scrapped a promise for further rates hikes, citing muted inflation and rising risks to global economic growth.

Market watchers will be tuned in to remarks by Cleveland Fed President Loretta Mester on Monday and St Louis Fed President James Bullard on Friday. Fed Chairman Jay Powell is due to speak on Wednesday, but it is unclear if his remarks will address monetary policy.

Investors will also be looking ahead to President address on Tuesday. The speech was initially scheduled for Jan. 29, but was delayed as a result of the temporary government shutdown.

Trump looks sure to keep up the pressure for the border wall and may renew calls for infrastructure spending.

Markets in China will be shut for a week for the Lunar New Year holiday, while investors will still be on the lookout for any indications that the trade spat between the U.S. and China is easing.

The Bank of England is expected to keep interest rates on hold at its upcoming meeting on Thursday, amid growing uncertainty over the prospect of Britain exiting the European Union on March 29 with no deal in place.

The Reserve Bank of Australia is also scheduled to hold a policy meeting this week and may signal that interest rates will stay at 1.5% until well into 2021 as the slowdown in China hits the domestic economy.

The U.S. dollar ended flat on Friday, despite an initial move higher, after the for January showed sluggish wage inflation, underlining the case for the Fed’s patient stance on further rate increases.

The report showed the U.S. economy created 304,000 new jobs, the highest in 11 months, beating forecasts for 165,000 jobs. The unemployment rate, however, rose to a seven-month peak of 4%. Average hourly earnings rose just 0.1%, compared with expectations for a 0.3% increase.

“We had a knee-jerk rise in the dollar based on the strong gain in payrolls as well as the overall solid report,” said Eric Viloria, FX strategist at Credit Agricole.

“But the miss in wages probably reinforces this patient approach by the Fed and that has restrained the dollar,” he added.

Late Friday, the was trading at 95.30, almost flat for the day.

The dollar was little changed against the euro and the yen, with last at 1.1454 ad at 109.48.

Broader risk sentiment remained somewhat robust after a top U.S. negotiator on Thursday reported “substantial progress” in two days of high-level talks on trade with China.

The greenback is widely expected to weaken this year as the Federal Reserve turns more cautious about rate increases.

“The outlook for U.S. assets remains relatively uncompelling and investors should be shopping for value elsewhere,” said Hans Redeker, global head of currency strategy at Morgan Stanley in London.

“A weak U.S. equity market outlook should keep low-yielders such as the yen and the Swedish crown supported,” he added.

, Investing.com has compiled a list of significant events likely to affect the markets.

Monday, February 4

Financial markets in China will be closed for the Lunar New Year holiday.

Australia is to release data on building approvals.

The U.K. is to publish survey data on construction sector activity.

The euro zone is to release figures on producer price inflation.

The U.S. is to report on factory orders.

Cleveland Fed president Loretta Mester is to speak.

Tuesday, February 5

Markets in China will remain closed for the Lunar New Year holiday.

Australia is to release data on trade and retail sales. In addition the Reserve Bank of Australia is to announce its latest interest rate decision and publish a rate statement.

The U.K. is to release survey data on service sector activity.

The euro zone is to report on retail sales.

The Institute of Supply Management is to release data on non-manufacturing activity.

President Donald Trump will deliver the State of the Union address before Congress.

Wednesday, February 6

Markets in China will remain closed for the Lunar New Year holiday.

RBA Governor Philip Lowe is to speak at an event in Sydney.

In the euro area, Germany is to produce data on factory orders.

Canada is to publish data on building permits.

Fed Chairman Jerome Powell is to speak at an event in Washington.

Thursday, February 7

Markets in China will remain closed for the Lunar New Year holiday.

New Zealand is to release its latest employment report.

Germany is to publish figures on industrial production.

The EU is to release its economic forecasts for the next six months.

The Bank of England is to announce its latest interest rate decision and publish a rate statement.

The U.S. is to publish the weekly report on initial jobless claims.

Friday, February 8

Markets in China will remain closed for the Lunar New Year holiday.

Japan is to release data on average cash earnings.

St. Louis President James Bullard is to speak at an event at St. Cloud State University.

Canada is to round up the week with its latest employment report.

— Reuters contributed to this report

Read More https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-february-4-8

[cute1dfacts]

Forex - Weekly Outlook: February 4 - 8

New Post has been published on https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-february-4-8

Forex - Weekly Outlook: February 4 - 8

© Reuters.

Investing.com – This week investors will get the chance to hear remarks by a number of Federal Reserve officials after the U.S. central bank caught markets off guard by putting plans for further rate hikes on hold and pledging to be “patient” on further moves.

Having signaled further rate rises as recently as December, the Fed, at its January meeting, scrapped a promise for further rates hikes, citing muted inflation and rising risks to global economic growth.

Market watchers will be tuned in to remarks by Cleveland Fed President Loretta Mester on Monday and St Louis Fed President James Bullard on Friday. Fed Chairman Jay Powell is due to speak on Wednesday, but it is unclear if his remarks will address monetary policy.

Investors will also be looking ahead to President address on Tuesday. The speech was initially scheduled for Jan. 29, but was delayed as a result of the temporary government shutdown.

Trump looks sure to keep up the pressure for the border wall and may renew calls for infrastructure spending.

Markets in China will be shut for a week for the Lunar New Year holiday, while investors will still be on the lookout for any indications that the trade spat between the U.S. and China is easing.

The Bank of England is expected to keep interest rates on hold at its upcoming meeting on Thursday, amid growing uncertainty over the prospect of Britain exiting the European Union on March 29 with no deal in place.

The Reserve Bank of Australia is also scheduled to hold a policy meeting this week and may signal that interest rates will stay at 1.5% until well into 2021 as the slowdown in China hits the domestic economy.

The U.S. dollar ended flat on Friday, despite an initial move higher, after the for January showed sluggish wage inflation, underlining the case for the Fed’s patient stance on further rate increases.

The report showed the U.S. economy created 304,000 new jobs, the highest in 11 months, beating forecasts for 165,000 jobs. The unemployment rate, however, rose to a seven-month peak of 4%. Average hourly earnings rose just 0.1%, compared with expectations for a 0.3% increase.

“We had a knee-jerk rise in the dollar based on the strong gain in payrolls as well as the overall solid report,” said Eric Viloria, FX strategist at Credit Agricole.

“But the miss in wages probably reinforces this patient approach by the Fed and that has restrained the dollar,” he added.

Late Friday, the was trading at 95.30, almost flat for the day.

The dollar was little changed against the euro and the yen, with last at 1.1454 ad at 109.48.

Broader risk sentiment remained somewhat robust after a top U.S. negotiator on Thursday reported “substantial progress” in two days of high-level talks on trade with China.

The greenback is widely expected to weaken this year as the Federal Reserve turns more cautious about rate increases.

“The outlook for U.S. assets remains relatively uncompelling and investors should be shopping for value elsewhere,” said Hans Redeker, global head of currency strategy at Morgan Stanley in London.

“A weak U.S. equity market outlook should keep low-yielders such as the yen and the Swedish crown supported,” he added.

, Investing.com has compiled a list of significant events likely to affect the markets.

Monday, February 4

Financial markets in China will be closed for the Lunar New Year holiday.

Australia is to release data on building approvals.

The U.K. is to publish survey data on construction sector activity.

The euro zone is to release figures on producer price inflation.

The U.S. is to report on factory orders.

Cleveland Fed president Loretta Mester is to speak.

Tuesday, February 5

Markets in China will remain closed for the Lunar New Year holiday.

Australia is to release data on trade and retail sales. In addition the Reserve Bank of Australia is to announce its latest interest rate decision and publish a rate statement.

The U.K. is to release survey data on service sector activity.

The euro zone is to report on retail sales.

The Institute of Supply Management is to release data on non-manufacturing activity.

President Donald Trump will deliver the State of the Union address before Congress.

Wednesday, February 6

Markets in China will remain closed for the Lunar New Year holiday.

RBA Governor Philip Lowe is to speak at an event in Sydney.

In the euro area, Germany is to produce data on factory orders.

Canada is to publish data on building permits.

Fed Chairman Jerome Powell is to speak at an event in Washington.

Thursday, February 7

Markets in China will remain closed for the Lunar New Year holiday.

New Zealand is to release its latest employment report.

Germany is to publish figures on industrial production.

The EU is to release its economic forecasts for the next six months.

The Bank of England is to announce its latest interest rate decision and publish a rate statement.

The U.S. is to publish the weekly report on initial jobless claims.

Friday, February 8

Markets in China will remain closed for the Lunar New Year holiday.

Japan is to release data on average cash earnings.

St. Louis President James Bullard is to speak at an event at St. Cloud State University.

Canada is to round up the week with its latest employment report.

— Reuters contributed to this report

Read More https://worldwide-finance.net/news/commodities-futures-news/forex-weekly-outlook-february-4-8

[laurelkrugerr]

Local Search Industry Survey

Welcome to the latest Local Search Industry Survey – an annual look into the business practices, pricing, salary, and services offered by local marketers.

The survey looks at the attitudes and experiences of people managing marketing agency for local or multi-location businesses, as well as freelance and in-agency marketers. Throughout the report, we have segmented answers where useful to help readers understand how their peers are working, as well as giving insights for client-side marketers to help them excel in their business.

A huge thank you to the 475 local marketers who shared their insights to help create this report, and to everyone that shared the survey to help get the word out!

Respondent demographics

Jobs and hiring in local search

Working with local business clients

Hours worked by local marketers

Salaries for local SEO marketers

Local SEO pricing

Services offered by agencies and freelancers

Life in-house

Comments

Demographics of the Local Search Industry Survey

So, what does a local marketer look like in 2020?

Respondents of this year’s survey are mainly situated in the USA (69%), UK (7%), Canada (6%), and Australia (4%), with a further 30 countries also seeing responses. For ease of conversion, we have only included responses from people from the above four countries for questions related to pay and pricing.

Business type20202019Local/Regional agency40%38%National/International agency20%21%Freelancer/marketing agency consultant11%6%Local business10%16%Multi-location business9%4%Web design agency6%7%Other5%7%

Audience segments remained similar to last year, with the majority of respondents working in agencies.

Annual revenues for agencies and freelancers

The average revenue of businesses in this study was $1.28 million – up a little from $1.2 million last year. We did not ask this question to people working in local or multi-location businesses.

As is likely to be the case across local marketing agency itself, there was an uneven gender split among respondents — 68% are male, and 30% female. This is the first year we’ve reviewed results by gender and, as such, we have included some interesting gender-related findings throughout.

This year, the majority of respondents class themselves as senior (60%) – ranging from sole practitioners to leaders of large businesses. 23% are mid-level (consisting of directors and account leads), and 17% junior (including account managers and junior executives). Female marketers were more likely to class themselves as junior (24%) or mid-level (26%), compared to male respondents (14% junior, 23% mid-level).

The average age of respondents is 42. 30% are aged 18-34, 52% 35-53, and 18% over 55. When looking by seniority, the average junior marketer is aged 36, mid-level marketers at 37, and senior employees aged 46.

The number of years spent in local search

Most respondents have been working in local search for a while – with 50% working in the industry for longer than 10 years.

While all of the above demographics may be indicative of changing trends in the industry, we would not like to draw any major conclusions based solely on who responded to this year’s survey, compared to those who responded last year. In some cases, the slight changes to the demographics as outlined above may be reasons for changes compared to last year.

Jobs and hiring in local search

For the first time this year, we included an option for people working alone. This means that there is a slightly higher proportion of respondents working alone or in small agencies with fewer than five staff than last year.

Few businesses have a great number of SEO Company professionals. 38% have just the one, with only 10% having more than 10. There are a great many small agencies and SEO Companys working alone out there, so it’s critical we all stay in touch and work together!

The hiring outlook

52% of respondents say their business will likely hire more team members this year.

Local marketing agency is only growing in importance, and it seems like even more jobs will need to be created to meet the demand.

Marketers moving jobs

Yet, it seems like there aren’t many marketers that are looking to move right now. 78% are planning to stay in the same job – which could be bad news for those looking to grow their team.

Working with local business clients

When compared to 2019, there was a slight dip in marketers with more than 31 clients answering the survey. Small agencies will have a very different experience than their larger counterparts, with smaller budgets and more limited time resources available.

The average number of clients local marketers manage

The average local marketer works on 16 clients, with junior and mid-level marketers both having 20+.

Freelancers and senior marketers have significantly fewer clients. A typical freelancer manages an impressive eight clients.

Hours worked by local marketers

Average hours worked43Full-time employees only (those working 35+ hours)4718-344235-544455+51Female40Male44Junior39Mid-level42Senior44Agency44Freelancer40In-business marketer42

SEO Company can be hard work, and getting the best results for a website often requires you to put the hours in. 46% of marketers work more than 40 hours, though this is down a little from 50% last year.

When looking at only those respondents that work full-time (35+) hours, the average weekly number of hours is 47.

Marketers in senior positions put in the most average hours, followed by people aged 35-54. Of course, these two groups will likely overlap significantly.

Perhaps surprisingly, freelancers have the lowest average hours (40). By no means does this mean that freelancing is the easy life, though this average could be affected by those freelancers that work part-time alongside other commitments.

Average hours spent by marketer type

When comparing the overall number of hours worked to the number spent focusing on SEO Company and local marketing agency activities, there is a clear difference looking at local businesses. The average local business respondent spends 14 hours a week on marketing agency their business.

Last year, the average local marketer spent 26 hours on local SEO Company and marketing agency efforts. This year, that number dropped to just 21.

Salaries for local SEO marketers

Respondents were able to opt-out of sharing salary details, with the following data based on the 34% that did choose to share this information.

Local marketing agency can be a lucrative vocation, with 65% of respondents earning more than $60,000 per year. This is up from 48% last year. In fact, on the whole, respondents were much more likely to earn $100,000 than in 2019 – possibly due to our limiting salary data to respondents from the US, UK, Canada, and Australia this year for ease of conversion and comparison.

Average salary for local marketers ($US)$88,532Full-time employees only$94,96018-34$81,02935-54$90,91855+$97,727Female$77,913Male$88,710Junior$56,670Mid-level$75,442Senior$102,171Agency$93,320Freelancer$50,661In-business marketer$84,691

Salary can be a private topic, and thus, it’s a little hard to know if your earnings are in line with your peers. The average salary among respondents has increased compared to last year to $88,532 – up from $81,103 in 2019 and $61,711 in 2017. When removing those who work less than 35 hours a week, this average is $94,960.

But, of course, what you earn differs hugely based on age, role, and location. Senior marketers earn an impressive average of $102,171, while those in junior positions can expect to earn $56,670.

Female marketers earn around 14% less than the males in this survey – though there were fewer women in this survey that defined themselves as “senior”. Are women in SEO Company getting the opportunities they need to grow into the highest-paying and most senior roles? Areej AbuAli’s Women in Tech SEO network is a great place to share knowledge and find support – check it out!

Freelancers tend to bring in a lower salary than those working in an agency, or in-house for a local or multi-location business. This may well be due to some freelance marketers working fewer hours alongside other commitments, but also due to lower prices.

Satisfaction with salaries

For the most part, local marketers seem satisfied with their compensation. Freelance marketers are least likely to be happy, with 43% reporting dissatisfaction.

Marketers aged 55+ are also less likely to be satisfied with their salaries – with 32% reporting some level of unhappiness.

So, are local marketers being paid enough? They bring so much value, but there is some clear dissatisfaction among some. But, this could just be human nature, I’m sure we’d all always like a little more money!

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source http://www.scpie.org/local-search-industry-survey/ source https://scpie1.blogspot.com/2020/03/local-search-industry-survey.html