Total nonfarm payroll employment increased by 428,000 in April, and the unemployment rate was unchanged at 3.6 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and hospitality, in manufacturing, and in transportation and warehousing. more...
The US dollar managed to recover in the week after Thanksgiving on positive data, upbeat Fed statements, imminent tax cuts, and despite a major development in Trump’s troubles. The Non-Farm Payrolls is the key event and we also have rate decisions from Australia and Canada Here are the highlights for the upcoming week. Australian rate decision: Tuesday, 3:30. This is the last decision of the year and the RBA does not meet in January. ...
The US dollar was on the back foot across the board in the last full week of August. An update on US GDP, consumer confidence, and the all-important Non-Farm Payrolls stand out. CB Consumer Confidence: Tuesday, 14:00. A score of 120.3 is on the cards now.ADP Non-Farm Payrolls: Wednesday, 12:15. Payrolls software provider ADP publishes its jobs report for the private sector and always influences markets. The figures released do not ...
US Manufacturing data, Crude Oil Inventories, Employment figures from New Zealand, Canada as well as the important US NFP report, Rate decision in Australia, New Zealand, and the US, Speeches from Janet Yellen, Mario Draghi and Stephen Poloz. These are the highlights on forex calendar. US ISM Manufacturing PMI: Monday, 15:00. The manufacturing index is expected to register 56.6 in April.Australian rate decision: Tuesday, 5:30. Policymakers ...
U.S. Non-Farm Payrolls report on Friday showed a gain of only 98K but the underlying metrics were strong with the headline unemployment rate falling to 4.5%, its lowest reading since mid-2007. The under-employment rate (U6) also saw an outsized downtick to the tune of 8.9% from 9.2%. Gold spiked on the release only to reverse sharply early in the US session. Heading into next week, the trade remains vulnerable sub-1258 with interim support ...