Logo-color Logo-white

Markets US payrolls hit a home run. Literally every bit of the report was outright strong and topped estimates: from employment growth in the establishment survey over details in the household survey (used to calculate the unemployment rate) to upward revisions in previous reports. Starting with the job gains, they were a much bigger than […]

The post Sunset Market Commentary appeared first on Action Forex.

previous

US: Payrolls Come in Well Above Expectations, While Unemployment Rate Falls to 4.1% 

next

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

Read More

01/08/2024

Will US Nonfarm Payrolls Steal The Show This Week?

US nonfarm payrolls to be released on Friday, 12:30 GMT Analysts estimate softer employment conditions in July Gold might push for an uptrend resumption if jobs data disappoint Will July’s NFP report be a game-changer? Friday’s nonfarm payrolls report will not be the last before September’s FOMC policy meeting, but it will be the first release […]
08/11/2024

Fed Powell Said Too Soon to Say How Trump Administration’s Policies Would Reshape Outlook

Markets The barrage of central bank meetings in Sweden, Norway, the Czech Republic and the UK ended with a decision in the US. The Fed delivered the expected 25 bps cut to 4.5-4.75%. The new statement featured little changes compared to September and guidance for future decisions, if any, was limited. Chair Powell in the […]
02/04/2024

EURUSD Gets Set to Go

The slowdown in German inflation is fuelling hopes that the ECB will ease policy in the coming months. German CPI rose 0.4% m/m, weaker than the 0.5% expected. Annual inflation slowed from 2.5% in February to 2.2% in March, the lowest since May 2021. Germany’s reading is a useful guide to what to expect in […]