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.

Aussie steady after RBA Policy Statement, US NFP next

RBA policy statement says inflation high but declining Money markets betting on a pause in September US nonfarm payrolls expected at 200,000 The Australian dollar has stabilized but it has been a rough week, with losses of 1.37%. In Friday's European session, AUD/USD is trading at 0.6558, down 0.04%. RBA says inflation high but moving in right direction The Reserve Bank of Australia released its quarterly policy statement earlier today.

04-08-2023 07:06 GMT by Kenneth Fisher

Dollar gains as risk aversion returns on Fitch's US downgrade and surging Treasury issuance

Dollar rises as Treasury yields hit 2023 highs on ADP report and rising debt issuance US firms add 324,000 in July, exceeding all estimates (140K to 280K) Fitch downgrades US on fiscal deterioration over next 3 years and surging debt burden US stocks are getting hit with a one-two punch as Fitch’s US sovereign downgrade overnight and on expectations the US Treasury will continue to boost the size of their debt sales. Earnings have been still coming mostly better than expected but the major ind

02-08-2023 13:13 GMT by Edward Moya