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.

Gold Price Update: XAU/USD rises as search for catalyst rumbles on

Gold rises as a weaker US Dollar and uncertainty around monetary policy continues. ISM data later today before all attention turns to US jobs data later in the week. Trendline break and price action hint at at a potential rise toward the $2370 resistance handle. Market participants are closely watching for a new catalyst to drive gold prices in a definitive direction.

01-07-2024 08:20 GMT by Zain Vawda

Markets Weekly Outlook: French, UK Elections in Focus Followed by NFP Data

Despite a decline in core PCE numbers, hawkish comments from Fed policymakers cast doubt on a September rate cut. The first half of 2024 saw a widening gap between growth and value stocks, with the former outperforming the S&P 500. Concerns over central bank policy divergence and a weakening Yen add to market uncertainty. The week ahead brings key data releases, including US non-farm payroll and unemployment figures. Chart of the week: S&P 500 RSI divergence hints at further downside.

28-06-2024 15:18 GMT by Zain Vawda