Economic Report

The US dollar has significantly surged during the course of the trading session on Monday to start the week and slice through the ¥112.50 level.The dollar ticked up to a 2-1/2-year high versus the yen on Monday after a soft U.S. payrolls figure did little to alter market expectations that …

The dollar rose to its highest level in nearly three years against the yen on Monday as investors remained confident that the Federal Reserve would announce a reduction in its massive bond purchases next month. Friday’s jobs data pushed up US bond yields and subsequently lowered the yen, which is …

The NFP report, Friday, crowned all market related news given its impact on the U. S. Fed’s tapering and consequently its impact on the U. S. economy and currency.The Dow Jones Industrial Average hovered around the flatline but finished a volatile week with its strongest gains since June. Volatility returned …

U.S. jobs rose by 194,000 in September, below economists’ average estimates for a gain of 500,000 jobs, the Labor Department reported Friday. But the data was mixed, with August’s jobs number revised upward by 131,000.The combination may give the U.S. Federal Reserve more flexibility after Chair Jerome Powell signaled recently …

Here are the forecasts by the economists and researchers of four major banks regarding NFP report. JP Morgan “We are looking for a 575K gain in jobs. Expect a drop in the US unemployment rate to 5%. The driver for an above-consensus forecast is the expected rebound in the leisure …

The dollar rose against the major currencies, but within a narrow range, as traders awaited the monthly jobs report for clues on the pace of the return of the Federal Reserve’s policies (the US central bank) to normalcy. The dollar index, which measures the performance of the US currency against …

4.2 million Americans still receive benefits. New jobless claims have fallen for the first time in nearly one month, according to new data released Thursday, offering some break to the U. S. economy after previous worrisome data.About 326,000 people filed initial jobless claims in the week ending on 2 October …

The US Bureau of Labor Statistics will release the September jobs report on October 8. Following a disappointing increase of 235,000 in August, investors expect Nonfarm Payrolls to rebound and rise by 488,000 in September.  Will the US nonfarm payrolls report be the green signal for the Federal Reserve to …

U.S. stock indexes fell on Wednesday shortly after strong private jobs in September was announced. The ADP National Employment Report showed private payrolls increased by 568,000 jobs last month. Economists polled by Reuters had forecast a rise of 428,000 jobs.The jobs data fueled investors’ concerns that the U. S. Fed …

The dollar rose on Wednesday, on concern that higher energy prices would spur inflation and raise interest rates, as traders awaited US jobs data for clues about the timing of the Federal Reserve’s tightening of policy. The New Zealand dollar fell 0.9% to $0.6891, and the Australian dollar fell 0.7% …