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 prices climb, gold eyes nonfarm payrolls

Oil continues higher despite setbacks this week Could we finally be about to see a breakout in oil prices after two months of consolidation? The rally over the last week or so from the range lows has been quite strong and backed by momentum - as well as fresh cuts from Saudi Arabia and Russia - and despite being pushed back from the recent highs over the last couple of days, it's continued to drive higher in a way that could see the upper boundary buckle. Yesterday's ADP number appeared to wipe

07-07-2023 07:34 GMT by Craig Erlam

Investors risk averse ahead of the US jobs report after worrying ADP Number

It's been a shocking week for European equity markets, on course to shed almost 5% and it could get worse if the US jobs report reflects what we saw yesterday from ADP. You wouldn't always guess it when looking at the performance of stocks but there is mounting anxiety about the resilience of the economy and what that will mean for interest rates going into the end of this year and 2024. Investors always seem to find a way to look on the bright side which may explain the disconnect between econo

07-07-2023 07:28 GMT by Craig Erlam