Brief Summary: The nonfarm payrolls figure released by the US Department of Labor presents the number of new jobs created during the previous month, in all non-agricultural business, within the States. The payrolls figure can change significantly month on month, due to its high correlation with economic policy decisions made by the US Central Bank. The
Markets: Gold up $7 to $1992 US 10-year yields down 9.3 bps to 4.57% WTI crude oil down $1.64 to $80.83 S&P 500 up 1.0% NZD leads, USD lags This week marked a turn of the calendar and a turn in markets. Treasury yields plunged and the dollar sank along with them. Meanwhile, it was
© Reuters. Investing.com– Most Asian currencies advanced on Friday, while the dollar eased further as traders bet that the Federal Reserve was done with its interest rate hikes, although anticipation of key nonfarm payrolls data kept gains in check. Regional trading volumes were also somewhat muted on account of a Japanese market holiday. Rate-sensitive, risk-heavy
Share: Mullen Automotive stock has gained 7% over the past five trading sessions. MULN stock slid 35% in late September as delisting worries continued. Friday’s Nonfarm Payrolls blew expectations out of the water as US hiring exploded. Bulls need to shoot for the 21-day SMA near $0.51. NASDAQ Composite gives up over 1% on
SEPTEMBER LABOR MARKET REPORT September U.S. nonfarm payrolls increased by 336,00 versus 170,000 expected. The unemployment rate held steady at 3.8%, one-tenth of a percent above estimates. Average hourly earnings clocked in 0.2% m-o-m and 4.2% y-o-y, slightly below forecasts Most Read: Seasonality and Historical Q4 Performance of U.S Equities: S&P 500 and Nasdaq 100
© Reuters Investing.com – The U.S. dollar traded higher Friday, on course for another positive week, ahead of the release of the monthly U.S. nonfarm payrolls which could influence Federal Reserve thinking. At 03:40 ET (07:40 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% higher at
Brief Summary: The nonfarm payrolls figure released by the US Department of Labor presents the number of new jobs created during the previous month, in all non-agricultural business, within the States. The payrolls figure can change significantly month on month, due to its high correlation with economic policy decisions made by the US Central Bank. The
Share: Nonfarm Payrolls for August provided data showing Fed may not require more hikes. NVDA stock has been forming Japanese candlestick doji patterns late this week that demonstrate uncertainty among bulls. Intel’s Gaudi 2 chip is being called a competitor to Nvidia’s H100. Samsung signs deal to begin supply high bandwidth memory chips
© Reuters. Investing.com– Most Asian currencies moved in a flat-to-low range on Friday, while the dollar steadied after an overnight recovery as markets awaited key U.S. nonfarm payrolls data due later in the day. The dollar rebounded from a three-week low on Thursday after data showed that grew much more than expected in July, pointing
AUGUST LABOR MARKET REPORT August U.S. nonfarm payrolls increase by 187,000 versus 170,000 expected The unemployment rate rises to 3.8%, as the participation rate ticks up to 62.8% from 62.6% Average hourly earnings rise 0.2 % m-o-m and 4.3% y-o-y, one-tenth of a percent below estimates in both cases Trade Smarter – Sign up for
