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.

British pound rises as UK Construction PMI jumps

The British pound has extended its gains for a third straight trading day. In the North American session, GBP/USD is trading at 1.2757, up 0.45% on the day. British UK Construction PMI accelerates in November The UK Construction sector rose to 55.2 in November, up from 54.3 in October and above the market estimate of 53.4.

05-12-2024 12:20 GMT by Kenneth Fisher

DXY's (US Dollar Index) Rise Amidst Trump's BRICS Warning and French Uncertainty

The US Dollar rose this morning as President Elect Trump took aim at BRICS over de-dollarization efforts. The Euro weakens further due to concerns over a potential French government collapse. The Dollar Index shows potential for both upside and downside moves, with key resistance at 107.00 and support at 105.00.

02-12-2024 10:41 GMT by Zain Vawda