Non-farm payrolls (NFP) news

Stay ahead of the curve with our dedicated non-farm payrolls (NFP) page. This crucial economic indicator provides a snapshot of US employment, excluding agricultural workers, and has a significant impact on financial markets. Here, you'll find up-to-the-minute coverage of NFP releases, including expert analysis of the data, its implications for the Federal Reserve's monetary policy, and its influence on various asset classes. Explore forecasts, understand market reactions, and gain insights into the broader economic trends revealed by this key report.

AUD/USD and Commodities decline as Dollar rally resumes

Traders push back RBA rate hike bets until November WTI and Brent crude implied volatility falls to lowest since 2020 Turkey unloads significant portion of gold holdings The Australian dollar tumbled after the RBA kept rates on hold again and signaled they might be done tightening. Given most economists expected a hike, aussie-dollar was ripe for a plunge. US dollar strength also supported the decline after the Treasury increased their net borrowing estimate. Oil The oil price rally is re

Aug 1, 2023 by Edward Moya

Week Ahead - BoE to keep hiking, US jobs and eurozone inflation eyed

With inflation steadily cooling, the Fed’s historic tightening campaign appears to be ending. The focus on Wall Street won’t just be inflation but now also economic activity. The upcoming week will be filled with several economic readings. On Monday, we will see two Fed regional surveys. The MNI Chicago PMI is expected to slightly improve while the Dallas Fed manufacturing activity report remains deeply in negative territory.

Jul 28, 2023 by Craig Erlam