The US dollar is broadly lower in the aftermath of the non-farm payrolls report and it's not just because the headline was soft at +12K versus +113K expected. That could be explained away by hurricane impacts and strikes.The kicker is that the prior two months were...
Commetnt from BLS on the US Hurricanes
Hurricanes Helene and Milton Hurricane Helene made landfall on Florida’s Gulf Coast on September 26, 2024, and then tracked north into several other states. This was before the October reference periods for both the household and establishment surveys. Hurricane...
US October non-farm payrolls +12K vs +113K expected
Prior was +254K (revised to +223K)Two-month net revision:-112KUnemployment rate: 4.1% vs 4.1% priorUnrounded unemployment rate: 4.145% vs 4.0510% priorParticipation rate: 62.6% vs 62.7% priorPrivate payrolls +12K vs +223K priorPrior private payrolls +223K revised to...
Locked and loaded for the October edition of non-farm payrolls. Seasonal skew?
It's non-farm payrolls Friday but it's a tough one. Aside from the hurricane and strike skews in the jobs report, it's coming just ahead of the US election and that's making it tough to lean into any position.I wrote a non-farm payrolls preview yesterday and that main...
What technical levels are in play (and why) to start the US session on November 1
Back in the day, a collegue called today "Unenjoyment Day" instead of 'Unemployment Day'' Volatility is higher than normal. Risk is higher. There are a lot of pieces to the puzzle that could whip the market around. The day is starting with stocks higher (Nasdaq up 85...
Forexlive European FX news wrap: Switzerland CPI falls more than expected
Markets:GBP leads, CHF lags on the dayEuropean equities higher; S&P 500 futures up 0.39%US 10-year yields flat at 4.289% Gold up 0.30% to $2,752WTI crude up 2.12% to $70.73Bitcoin down 0.19% to $70,088It's been a rather slow session in terms of data releases. The...
Markets trade cautiously into the US NFP report
Overall, it wouldn't have been a pretty slow session if it wasn't for the Swiss Franc selloff following the big miss in the Swiss CPI report. The market should now start to look for a 50 bps cut from the SNB in December as inflation is much lower than their latest...
CreationNetwork.ai Integrates 22+ Tools for Enhanced Digital Engagement
CreationNetwork.ai, a groundbreaking digital platform, today announces its public launch, redefining digital engagement for businesses, content creators, and influencers. As an all-in-one solution for content creation, e-commerce, social media management, and digital...
Flipster Partners with BNB Chain for Fee-Free Withdrawals
Flipster, a global crypto derivatives exchange, has announced a collaboration with BNB Chain, a community-driven blockchain ecosystem, to offer fee-free withdrawals, aiming to democratize access to cryptocurrency trading.This collaboration builds on Flipster’s...
UK October final manufacturing PMI 49.9 vs. 50.3 prelim
Final Manufacturing PMI 49.9 vs. 50.3 expected and 51.5 prior.Key findings:Manufacturing PMI at 49.9 in October.Reduced new order intakes rein in output growth. Input price inflation eases sharply.Comment:Rob Dobson, Director at S&P Global Market Intelligence: “UK...
Japan opposition party chief: BoJ should not raise interest rates for at least half a year
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Switzerland October manufacturing PMI 49.9 vs 49.8 expected
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Israel at ‘high level of readiness’ for Iranian attack – report
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Swiss October retail sales 2.2% vs. 2.5% y/y expected
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Switzerland October CPI +0.6% vs +0.8% y/y expected
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UK October Nationwide house prices +0.1% vs +0.3% m/m expected
Prior +0.7%Nationwide house prices y/y +2.4% vs +2.8% expectedPrior +3.2%Commenting on the figures, Robert Gardner, Nationwide's Chief Economist, said:“The price of a typical UK home increased by 2.4% year on year in October, though this represented a modest slowdown...
BoJ Quarterly Outlook Report: Rise in minimum wage could push up services prices
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ForexLive Asia-Pacific FX news wrap: Waiting on the NFP
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이제부터 육아휴직! 이렇게까지 해준다고? 바뀌는 육아휴직 이렇게 꼭 쓰세요!!
https://www.youtube.com/watch?v=_pyQDemeNkU 8세 이하 영유아가 있는 근로자라면 한 번 쯤 육아휴직 생각해 본 적 있으신가요? 최대 1년을 휴직할 수 있어서 아이를 양육하기에 좋은 제도이지만, 실제로 육아휴직 사용률이 높지 않다고 합니다. 2025년부터 앞으로 육아휴직을 사업주 동의 없이도, 돈도 더 많이 주는 쪽으로 이렇게 지원한다고 합니다. 영상에서 자세한 내용 설명드리겠습니다. #뉴스 #육아휴직 #2025육아휴직 MoneyMaker FX...
FX option expiries for 01 November 2024 at the 10am New York cut
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