Tag Archives: NFP Data

The financial markets displayed a mixed performance this past week, as investors navigated a confluence of economic data, central bank policy updates, and ongoing geopolitical tensions. While some sectors thrived, others took a backseat, reflecting the underlying uncertainty about the future trajectory of the global economy. Equity Markets Take a …

Surprisingly, the US NFP numbers were far higher than anticipated. It is improbable that an additional rate decrease will follow the ECB rate cut. The European Central Bank (ECB) President Christine Lagarde issued a warning that a follow-up rate drop to June’s quarter-point rate trim may not be in the …

The USD/CHF pair bounced back on Friday during the North American session, reaching as high as 0.8965 at the time of writing thanks to the US’s better-than-expected Nonfarm Payroll statistics. The yield on US Treasuries rose as the likelihood of a September Fed cut decreased. Following the announcement of revised …

The US stock market had a wild session on Friday, falling at first as the Federal Reserve’s intentions to lower interest rates this year were called into question by a better-than-expected jobs report. Investors had been waiting for news that would suggest the economy was slowing down and would result …

USD maintains its momentum, rising by more than 0.70% on Friday. US Nonfarm Payrolls exceeded market expectations in May, showing a robust recovery in the labor market. September odds fall for a Fed rate cut as positive economic signals abound.On Friday, the US Dollar Index (DXY) expanded its winning streak …

Nonfarm Payrolls smashed estimates with 272K in May, way above 185K expected and the 120-235K range. Moreover, wages beat with 0.4% vs 0.3% MoM and 4.1% vs. 3.9% YoY. The only disappointment was the symbolic increase of the unemployment rate to 4%, but that was fully overshadowed by the other …

The U.S. economy defied expectations in May, adding a robust 272,000 jobs, significantly exceeding forecasts of 182,000. This surprisingly strong job growth, coupled with a 0.4% increase in average hourly earnings and a slight uptick in the unemployment rate to 4.0%, suggests that the labor market remains resilient and may …

Caution prevailed among investors ahead of the US labor market report release, resulting in subdued price movements across the market on Thursday. Simultaneously, the European Central Bank (ECB) implemented a widely expected 25 basis point reduction in interest rates. Currencies:EUR/USD regained traction and approached the 1.0900 zone after the cautious …

The eagerly awaited Employment Change Report for May, scheduled for release on Friday, June 7th, 2024 at 8:30 AM ET, is poised to provide crucial insights into the status of the US labour market. As economic indicators hint at a potential slowdown, investors are closely monitoring the data for signals …

As of this writing, Bitcoin has gained 4.42% and is trading at 61,739 following the release of the NFP data, while the US Dollar Index is declining and has dropped 0.26% to 105.074. In light of this, the US jobs report serves as a crucial event for markets, putting further …