Middle East ceasefire and Fed shenanigans weigh on the Dollar. ISM PMIs and Nonfarm payrolls to impact Fed rate cut bets. Eurozone inflation and ECB forum to be closely monitored by euro traders. China PMIs, Japan’s Tankan Survey and Swiss CPI also in focus. Israel-Iran ceasefire and Fed independence risks The US dollar underperformed all…
Risk sentiment improved last week, driven by the solid US non-farm payroll report that helped ease fears of a deepening slowdown. Adding to the optimism was a thaw in US-China relations. While no concrete breakthrough emerged, the fact that both sides were willing to engage again offered some relief to global markets weary of tariff…
The Canadian Dollar firmed up on Friday, but Greenback flows rallied harder, driving a rebound in USD/CAD. US NFP net job gains came in stronger than expected, overshadowing Canadian job numbers. Key post-tariff US CPI inflation figures loom large next week; Canadian data docket runs out of gas. The Canadian Dollar (CAD) saw firm gains…
US May NFP: To Weaken Enough for the Fed to Act? – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
April Nonfarm Payrolls beat consensus at 177K; Unemployment Rate steady at 4.2%, easing recession concerns. Trump pressures Fed to cut rates despite upbeat data; CBOT shows 88 bps of easing priced in. Apple and Amazon fall on China sales miss and cloud growth slowdown despite beating EPS forecasts. The Dow Jones Industrial Average (DJIA) rallied…
Summary of Today’s NFP and Market Impact On May 2, 2025, the US Non-Farm Payroll (NFP) data was released: Actual: 177KPrevious: 185KForecast: 138KSince the actual figure beat the forecast, it was considered bullish for USD. This typically pushes gold down due to their inverse relationship, and that’s exactly what happened. But here’s where it gets…
The US April non-farm payroll report today will serve as a critical barometer of the labor market’s resilience amid rising macroeconomic uncertainty. While the recent flip-flopping of reciprocal tariffs may not yet be fully reflected in the data, other indicators suggest growing fragility. A notable miss in today’s report could reignite concerns about recession, particularly…
Nonfarm Payrolls (NFP) in the US rose by 228,000 in March, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading followed the 117,000 increase (revised from 151,000) recorded in February and surpassed the market expectation of 135,000 by a wide margin. Join us for our NFP Live Coverage here Other details of…
March US NFP Expected to Fall, but Enough for the Fed to Change Its Mind? XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
Trump’s reciprocal tariffs could spur more chaos. US jobs report might show DOGE impact on labour market. Eurozone inflation will be vital for ECB bets as April cut uncertain. RBA to likely hold rates; Canadian jobs, BoJ Tankan survey also on tap. Markets brace for reciprocal tariffs There’s a sense of both optimism and fear…