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.

Oil remains range-bound, gold ticks lower ahead of Fed

Can oil break above its two-month range after Saudi and Russian cuts? Oil prices are higher again today but still remain within their two-month range. The rally has been aided by the cuts announced by Saudi Arabia and Russia this week but ultimately, another failure to break above the range will suggest traders have largely shrugged it off. The previous high in Brent two weeks ago came just above $77 and a failure to hit that will represent yet another lower peak over the last month or so and ma

05-07-2023 13:14 GMT by Craig Erlam

RBA delivers a hawkish pause, Zuckerberg takes on Musk

It's been a relatively quiet session with the US bank holiday naturally weighing on activity and those remaining having an eye on Friday's jobs report but the day hasn't been without interest as the RBA opted against hiking interest rates again.

04-07-2023 10:48 GMT by Craig Erlam