Week ahead: April 30th – May 4th

Weekly outlook | Econ Alerts

All eyes on the Fed’s interest rate decision on Friday   Next week’s market movers   • China’s Manufacturing (Mfg) PMI for April and Germany’s preliminary HICP rate for April could grab the market’s attention on Monday.   • RBA’s interest rate decision, Canada’s GDP growth rate for April, and the US ISM Mfg PMI […]

NFP Friday, is the USD going to get some support at last?

The US Employment report is due out today at 13:30 (GMT). NFP is expected to be at 180k vs previous reading of 146k, the unemployment rate to remain unchanged at 4.1% and average earnings to tick up to +2.6% YoY vs. previous 2.5%. Again, please pay attention to all three elements of the employment report […]

US Dollar recovers after NFP Friday

Unemployment | Econ Alerts

Daily Analysis | 08 January 2018 US Dollar recovers after NFP Friday US Dollar recovered rather quickly, after a weaker than expected Non-Farm Payrolls figure of 148K release on Friday. The low figure was not expected by most analysts and it could be the case that the harsh winter conditions in the last December days reduced […]

US Dollar in the balance

Jobs | Econ Alerts

Daily Analysis | 05 January 2018 NFP Friday today and the US dollar braces for high volatility across the board. The figures that are forecasted, are for non-farm payrolls to drop to 189K after the previous read of 225K, for the unemployment rate to remain unchanged at 4.1% and average earnings on a monthly basis […]

Nonfarm payroll report – News Preview

The chief economist at Moody’s Analytics Mark Zandi said that “it is a good time to be an American worker” given that the economy has been creating two million jobs each year for the last six years. The US labor market remained resilient, with the unemployment rate falling to multi-year lows in 2017, even after […]

Will the USD expand recent gains?

wall street | Econ Alerts

Daily Analysis | 08 December 2017   The Employment Report today forecasted to include a Non-Farm Payrolls figure of about 198k, an unemployment rate of 4.1% and accelerated average hourly earnings at the rate of 0.3%. The actual figures were – Non-Farm Payrolls: 228k (better than expected), an unemployment rate of 4.1% (as expected), and accelerated […]

USD can’t hold onto gains after US employment data

US Dollar - Econ Alerts

Daily analysis | 09 October 2017   US Dollar falls after decent US employment data   Nonfarm payrolls came -33k in September, from an upwardly revised 169k in August, data showed on Friday. Even though the NFP number appears extremely low, the weakness was attributed mainly to hurricanes Harvey and Irma and thus, this is […]

NFP, -30,000: first time in 7 years the US has loss jobs

Daily analysis | 6 October 2017   Just a blip or a signal of a bigger problem?   September’s US jobs report was released earlier today, the non-farm payroll (NFP) report came out at -33,000 jobs. This is the first time since 2010 when the US economy was recovering from the global financial crisis, that […]

Spotlight falls on the US employment report

Daily analysis | 01 September 2017 TRADE THE MARKETS      RECEIVE A WELCOME BONUS All trading involves risk. It is possible to lose all your capital Today, investors will probably be sitting on the edge of their seats in anticipation of the US employment report for August. The consensus is for nonfarm payrolls to […]