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 Weekly Outlook - Central Bank Focus as US Inflation Looms

US Jobs report all but confirms a December rate cut, with markets pricing in an 80% probability. Nasdaq nears 22,000 as US equities continue their strong performance, with the S&P 500 also hitting record highs. Global markets await US CPI and ECB decisions, with expectations of a 25 bps rate cut from the ECB. Focus for the week ahead includes US CPI, ECB decision, and Chinese inflation data. Read More: EUR/USD: Additional accommodative monetary policy guidance from the ECB may be forthcoming We

06-12-2024 15:00 GMT by Zain Vawda

USD/CAD steady ahead of Can. job growth, US NFP

The Canadian dollar is showing small gains on Friday. In the European session, USD/CAD is trading at 1.4041, up 0.12% at the time of writing. Canada's job growth expected to climb Canada releases job growth for November later today. The market estimate stands at 25 thousand, compared to 14.5 thousand in October. The modest growth in job creation has not kept pace with the labor force, which has rapidly expanded as a result of high immigration to Canada.

06-12-2024 07:11 GMT by Kenneth Fisher