BoJ Noguchi reiterated the central bank’s focus on wage growth to reach their 2% target sustainably with no policy change in sight:It's true the impact of elevated global inflation is reaching Japan's economy with consumer inflation exceeding the BoJ's 2% target since...
US dollar jumps after non-farm payrolls then gives it right back
It's tough to square the numbers in the non-farm payrolls report with the market reaction.The jobs report was good, particularly the household survey as the unemployment rate fell back to 3.7% despite rising labor force participation.Unemployment rateThe initial...
November Jobs Report: Unemployment Falls and NFP Print Beats Forecast, DXY Advances
US NFP AND JOBS REPORT KEY POINTS:The US Added 199,000 Jobs in June, Slightly Above the Forecasted Figure of 180,000.The Unemployment Rate Falls to 3.7%, Remaining within a Range Below the 4% Mark.Average Hourly Earnings Came in at 0.4% MoM with the YoY Print Holding...
Reaction to the jobs report. Stocks lower, yields higher, US dollar higher
The US payroll data came in better-than-expected with the unemployment rate falling to 3.7% from 3.9%. Earnings were hiring 0.4% versus 0.3%. And non-farm payroll was also stronger at 199K versus 180K. Just ahead of the report, the stock futures were implying:Dow...
US November non-farm payrolls +199K vs +180K expected
nonfarm payrollsPrior +180K (unrevised)Two-month net revision -35K vs -101K priorUnemployment rate +3.7% vs 3.9% expectedPrior unemployment rate 3.9%Participation rate 62.8% vs 62.7% priorU6 underemployment rate 7.0% vs 7.2% priorAverage hourly earnings +0.4% m/m vs...
Anticipated growth in US jobs report November 2023, unemployment 3.7% vs. ESTIMATE OF 3.9%
RESULTS ARE IN, BUT WHAT DOES IT MEANInvestors and traders currently face a challenging terrain in the US equities market, encountering the paradox of a robust labor market and persisting inflation concerns.Recent data reveals a steady recovery in employment figures,...
EURUSD trades in a neutral area and waits for the next shove
EURUSD in a neutral territory ahead of the US jobs reportThe EURUSD is in a neutral area ahead of the US jobs report at 8:30 AM. The 100-day moving average is the close lower support at 1.0763). The 100-hour moving average is the close higher resistance target (at...
Locked and loaded for the November edition of non-farm payrolls
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
The CAD is the strongest and the NZD is the weakest as the North American session begins
The strongest to the weakest of the major currenciesThe CAD is the strongest and the NZD is the weakest as the North American session begins. The focus is will be on the US jobs report which will be released at 8:30 AM ET. Adam's preview can be found here. The...
ForexLive European FX news wrap: Markets on edge awaiting US jobs report
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
A mixed US jobs report to come later?
A strong and decent enough non-farm payrolls print but perhaps a tick higher in the unemployment rate. That seems to be the growing consensus going into the US jobs report later and that would give markets plenty to think about. The former is likely the case after the...
Reasons Forex Traders Fail
Forex trading can be an extremely profitable venture, but it is also true that a significant percentage of traders fail to achieve consistent success in this market. Why do forex traders fail? There are several common reasons that contribute to their lack of success....
[새로운 자동 부업] 단 1번만 따라해도, 매일 돈이 평생 들어옵니다! (99.99%가 모르는 무료 자동 수익 만들기) ft.이벤트 포함
https://www.youtube.com/watch?v=2nYj9edGZMk 재택 부업을 비롯, 그동안 돈버는 다양한 직장인 부업과 투잡을 소개해드렸는데요, 오늘은 1번만 실행하면, 일 안 해도 매달 돈들어 오는 자동 부업 방법을 소개하려고 합니다 컴퓨터나 노트북 등이 있으면 누구나 쉽게 도전해볼 수 있는 부업인데요, 원리만 알면 간단해서 영상을 보시고, 월급 외 부수입에 관심이 있으신 분은 지금이라도 당장, 가벼운 부업에 도전하셔서 조금이라도 용돈을 가져 가시길...
Pros and Cons of Trading CFDs
CFDs, or Contracts for Difference, are a type of derivative financial product that allow traders to speculate on the price movements of various underlying assets without owning the assets themselves. While CFD trading offers certain advantages, it also presents risks...
Unlocking the Future of S&P 500 E-Mini Futures: Watching 4685 next, then 4711
📈🚀 Exploring S&P 500 E-Mini Futures - Next Key Levels & All-Time High Insights 🚀📈Hello, Traders and Market Enthusiasts! 🌟 Join us as we delve into the dynamic world of the S&P 500 E-Mini Futures (ES), a crucial indicator of the overall stock market with...
No intention from Ueda to hint at timing of policy change – report
There are quite a number of things to note in this report here by Reuters. The first is one of the sources stating that "there was no intention to signal anything about the timing of a policy change" amid remarks from BOJ governor Ueda yesterday. Adding that his...
Diffusion of Innovation as Exemplified by Bitcoin
Bitcoin, the world's first decentralized cryptocurrency, has emerged as a groundbreaking innovation that has revolutionized the financial landscape. The diffusion of this innovation can be analyzed through the lens of the Diffusion of Innovation theory, which provides...
UK public inflation expectations for the year ahead seen at 3.3% – BOE survey
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Something’s gotta give in EUR/USD
The chart is certainly an intriguing one as the euro snapped a run of six straight days of losses against the dollar in trading yesterday. But the pair is now down 0.2% to 1.0780 with price caught in between its 100-day (red line) and 200-day (blue line) moving...
Central Banks’ Divergent Paths: ECB Signals Caution, BoE Stays the Course
As the European Central Bank (ECB) and the Bank of England (BoE) gear up for their upcoming meetings, market participants eagerly await signals that will shape the economic landscape in 2024. While both banks are expected to maintain interest rates, their perspectives...