Unemployment

Markets:Gold up $18 to $2177US 10-year yields down 1.3 bps to 4.08%WTI crude oil down $1.07 to $77.86S&P 500 down 33 points, or 0.6%, to 5123JPY leads, CAD lagsI'm always leery of a pre-NFP front run and today is an example of why. The…

Fed's BosticRise in unemployment would be far less than would be typical in the case given the reduction in inflationFed is in a very strong position right nowFed can let restrictive policy continue to work to slow down inflation; expect…

The major US stock indices got off to a mixed start. The Dow Industrial Average rose modestly. The S&P index fell, and the Nasdaq index tumbled lower. However, indice levels are off their lows.Market chatter centers around rotation out…

Markets:Gold down $26 to $2002WTI crude up $1.82 to $71.16US 10-year yields up 10.6 bps to 4.23%S&P 500 up 0.5% to a 52-week highCAD leads, NZD lagsIt's often said that even if you knew the results of the non-farm payrolls report ahead…

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%…

POUND STERLING ANALYSIS & TALKING POINTSUK wage data creates concerns around inflation battle.4.2% unemployment level reiterates robust jobs market.GBP/USD trading above 50-day MA.Elevate your trading skills and gain a competitive…

The UK unemployment rate remains low, according to the latest official figures. The figure stood at 4.2% in the three months to August this year, after changes to the Office for National Statistics (ONS) survey method. Under the new…

© Reuters. FILE PHOTO: A woman holds euro banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration LONDON (Reuters) - The euro rose against the dollar on Friday and euro zone bonds yields fell after data…

Markets:Gold flat at $1940US 10-year yields up 8.8 bps to 4.18%WTI crude oil up $2.25 to $85.88S&P 500 up 0.1%USD leads, CAD lagsThe initial market reaction to the non-farm payrolls report was about what you would expect -- USD selling,…

Key points of the US jobs and jobs report:The US added 209,000 jobs in June, just below the expected figure of 225,000. The figure has been revised to 306,000.The unemployment rate fell to 3.6%.Average hourly earnings came in at 0.4% MoM…