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.

Markets buoyed by debt ceiling deal but US jobs report was always the main event

A debt ceiling fiasco has been averted late in the day and markets are ending the week on a positive note, as traders turn their attention to the US jobs report. Rarely do you have a situation in which everyone appears to be in agreement but we've seen over the last few weeks that no one at any stage thought a US default was a realistic possibility. Brinkmanship in Washington is part of the theatre of the negotiation but the idea that Congress would ever intentionally allow the US to default is

02-06-2023 08:29 GMT by Craig Erlam

Oil edges higher ahead of OPEC, gold eyes nonfarm payrolls

Oil edges higher ahead of OPEC+ meeting this weekend Oil prices are edging higher into the end of the week, perhaps a sign of nerves appearing before the OPEC+ meeting this weekend. While there seems to be a widely held view that the group won't announce any further cuts, it's worth noting that the same was true at the last meeting and then the group announced cuts of roughly another million barrels. And while there have been comments to suggest the alliance isn't likely to cut output this weeke

02-06-2023 08:25 GMT by Craig Erlam