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.

Russell 2000: Soft to no-landing is supporting another bullish upleg

Better than expected US non-farm payrolls & unemployment rate for September have revived the soft to non-landing narrative. The Citigroup US Economic Surprise Index has improved significantly since August. The improvement in US economic growth prospects is likely to benefit the Russell 2000 at least in the medium-term. This is a follow-up analysis of our prior report, “Russell 2000: Another laggard catch-up play as UST yield curve bull steepening firms up” dated 16 July 2024. Click here for a r

07-10-2024 06:49 GMT by Kelvin Wong

Markets Weekly Outlook - Jobs Report May Lead to Cautious Fed, US CPI Next

Strong US jobs report shifts Fed rate cut expectations from 50 bps to 25 bps. Geopolitical tensions in the Middle East drive up oil prices and safe-haven assets. Upcoming US inflation data and RBNZ rate decision in focus for the week ahead. Oil prices surge on Middle East tensions, with key support and resistance levels identified.

04-10-2024 16:26 GMT by Zain Vawda