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.

Breaking News: DJIA rallies on NFP beat of 37,000, unemployment falls to 4.1%

The US Economy added +147,000 jobs in June, beating expectations by +37,000. Monthly unemployment also fell to 4.1%, its lowest level since March. As part of the same release, average monthly earnings rose by 0.2% MoM and 3.7% YoY, both falling short of consensus.

03-07-2025 12:30 GMT by Christian Norman

Asia mid-session: Asia Pacific stocks dip on China PMI, Aussie dollar underperforms

US stocks rallied, with the S&P 500 hitting a record 6,227 and the Russell 2000 jumping 1.31%, signaling a broader post-“Liberation Day” recovery. In contrast, Hong Kong's Hang Seng Index fell on weak China PMI data. The pound slid 0.8% on UK fiscal uncertainty, while the Aussie dollar dropped on China risks. Gold held steady ahead of key US data.

03-07-2025 06:27 GMT by Kelvin Wong