NFP

Why is it important?In the Asian session, Eamonn published the range of estimates for today’s US non-farm payrolls report. These ranges are important in terms of market reaction because when actual data deviates from expectations, it…

Aon plc (NYSE:), a leading global professional services firm, reported a robust second quarter in 2024, with total organic revenue growth of 6% and significant contributions from its recent acquisition of NFP. The company is successfully…

Mon: Chinese Industrial Profit (Jun)Tue: Japanese Unemployment Rate (Jun), Australian Building Approvals (Jun), Spanish Flash CPI (Jul), Swiss KoF (Jul), German GDP (Q2), Prelim. CPI (Jul), EZ Consumer Confidence Final (Jul), US JOLTS…

Basic OverviewLast Friday, gold prices rose after the release of the US non-farm payrolls report. The data showed a further slowdown in the labor market with the unemployment rate rising and wage growth declining. This led to lower real…

The U.S. jobs report showed nonfarm payrolls rose by 206,000 jobs, beating expectations and up from 190,000 previously estimated. However, the details of the report were less than impressive. The revision for the previous two months was…

High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss.…

Sun: French Parliamentary ElectionMon: Canada Day; Japanese Tankan (Q2), Japanese, Chinese Caixin, EZ, UK & US Manufacturing Final PMI (June), German Prelim. CPI (June), US ISM Manufacturing PMI (June)Tue: RBA Minutes (June), Australian…

Euro to US Dollar MonthlyMUFG discusses the potential impact of the French elections and June’s non-farm payrolls report on EUR/USD. The focus is on the risk premium already priced into EUR/USD and how the election results could influence…

Basic overviewDespite OPEC+'s recent extension of voluntary production cuts, crude oil was sold off as the price broke support in the May range. However, the decline may only be technical as it gained bearish momentum on the breakout.…

There is no market moving data in the European session (unless we get a big jump in the Eurozone unemployment rate). For this reason, we will likely see range-bound price action heading into the US NFP and ISM Services PMI release. So, in…