Hello,
News like
Non Farm Payroll
Non-Farm Employment Change
ADP Non-Farm Employment Change
all are same news with different names but these are different news?
This preview of weekly data looks at USOIL and XAUUSD where economic data coming up later this week are the main market drivers for the near short-term outlook. The most important economic data for this week are:
Tuesday:
US Services PMI at 15:00 GMT for the month of February. The consensus...
Today traders across the globe waiting for the much-anticipated Non-Farm Payrolls (NFP) report after Thursday’s release of the core PCE price index suggests the possibility of an additional 25 basis points rate increase this year. Additionally, US weekly unemployment claims dropped to 228k from...
Markets taking a deep breath Friday morning and waiting for the US employment report for July. The US Bureau of Labor Statistics (BLS) will release the July jobs report today at 12:30 GMT. The expectations are for 200k jobs to have been added to the US economy in July and the unemployment rate...
While the calendar's second half of the year started last Friday, it will probably not begin in the markets until the upcoming US jobs data is released this Friday. It is worth sorting out where the US currency currently stands on the forex market.
The Dollar Index has climbed to a 20-year high...
After a stellar 2021, stocks head into 2022 with a tailwind. However, the course of the market in the new year will depend more on solid earnings growth and a strong economy than a super easy Federal Reserve.
The S&P 500 rose 27% to 4,766 last year, notching 70 record closing highs. The...
A higher interest rate environment is expected, and the Fed has set the tapering timeline to happen within this year. If anyone were to benefit from such an environment, it would have to be the financial services sectors and banks. This week’s earning results should provide investors with deeper...
The jobs data beat expectations last week, which led to both gold and silver selling off into the close. This morning we are seeing the overhang of that as perhaps those traders, who are a bit late to the party, are panic selling. With low liquidity at this time of the week combining with a...
August has a history of sudden spikes in volatility. Think back to the sell-off in August 2011, or the drama of 2015. With many areas of the world now experiencing an uptick in Covid and the CBOE’s Volatility Index creeping higher, this seems like something to watch out for.
Markets are...
The dollar’s recovery from its May low could be over, after Friday’s drop in US payrolls data.
It is hard to get a clean read on US employment data, which is still plagued by pandemic distortions. The 850k headline print beats expectations but estimates have not meant much in recent months...
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