Logo-color Logo-white

The U.S. economy added 228k jobs in March, well above the consensus forecast of 140k. Payroll figures for the prior two months were revised lower by a total of 48k jobs. For the first quarter, payrolls gained 456k, down from Q4-2024’s 656k pace. Private payrolls rose 209k – well above February’s 117k – with the […]

The post US: Payrolls Jump in March, While Unemployment Rate Ticks Up to 4.2% appeared first on Action Forex.

previous

WTI Oil: Bears Hold Grip After Massive Losses in Past Two Days

next

Sunset Market Commentary

Read More

06/02/2024

AUD/USD Rate Rises after RBA Decision

This morning the Central Bank of Australia decided to keep the interest rate at the same level = 4.35%, as expected. However, RBA management said that further rate hikes cannot be ruled out as inflation is still too high. This is a clear signal that policy easing is unlikely in the near future. AUD/USD has […]
18/02/2025

A Slight Bearish Bias on Core Bonds and Neutral on EUR/USD

Markets Spotlights were on Europe yesterday. US financial markets were closed for President’s Day while French president Macron summoned a handful of European leaders as well as EC president von der Leyen and Nato chief Rutte. The goal was not so much to announce big defense initiatives – Europe’s buy-in at the negotiation table with […]
07/05/2024

Brent Crude Oil Experiences Modest Uptick Amid Mixed Market Signals

Brent crude oil is seeing a slight increase on Tuesday, priced around $83.57 per barrel. The market remains close to two-month lows, caught between optimism for a peaceful resolution to the Middle East conflict and concerns over crude oil inventories in the United States. The primary focus in the stock market currently revolves around the […]