लोड हो रहा है...

FxPro

FxPro

Indicators point to a weak NFP

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Indicators point to a weak NFP

FxPro | 560 दिनों पहले

One of the most timely and unpredictable economic reports, the US Nonfarm Payrolls report for March, will be released on Friday. Market participants will look to other publications to shed light on the situation.

The average forecast among market participants is for the economy to have created 230K jobs in March, down from 311K the previous month. However, these forecasts were made about a week ago, and the data that has come in since then suggests that the actual number will be much weaker.

The change in ADP private sector employment, the closest indicator to the headline NFP figure, missed expectations, showing a gain of 145K after 261K the previous month versus expectations of 208K and an official reading of 443K.

Weekly jobless claims fell from 246K to 228K last week but remained in an uptrend since late January from a low of 194K. Initial claims have been on an uptrend since September and have increased by 42K in the last four weeks.

At the same time, according to estimates by Challenger, Gray & Christmas, there continues to be an impressive year-on-year increase in planned redundancies. Companies reported plans to cut 89.7K jobs, 3.2 times higher than a year ago and 15% higher than last month. Again, it's hard to see signs of sustained strength in the labour market.

By the FxPro analyst team

Indicators point to a weak NFP

विनियम: FCA (UK), CySEC (Cyprus), SCB (The Bahamas), FSCA (South Africa)

टैग: विश्लेषण

read more

EBC Markets Briefing | Dow nabs closing record on TSMC’s buoyant report

EBC Markets Briefing | Dow nabs closing record on TSMC’s buoyant report

The Dow hit its fourth record close in five sessions on Thursday, boosted by strong retail sales and TSMC's positive forecast.

EBC Financial Group | 2घंटे 50 मिनट पहले

Strong US data keep the dollar in demand

Strong US data keep the dollar in demand

ECB cuts rate, keeps door wide open to a December move; Euro suffers as US retail sales surprise on the upside; Focus today is on Fedspeak and in particular Fed’s Bostic; Gold surpasses $2,700 as China announces further measures

XM Group | 3घंटे 17 मिनट पहले

EURGBP goes back to a downtrend

EURGBP goes back to a downtrend

EURGBP charts new 2 ½-year low after UK retail sales beat estimates . Short-term bias is skewed to the downside, but price near familiar support line.

XM Group | 4घंटे 2 मिनट पहले

Daily Global Market Update

Daily Global Market Update

The GBP/USD pair made a minor upward correction, while Bitcoin/USD fell. Oil prices remained stable, and the Australian dollar gained. Global financial headlines included record-breaking Bitcoin ETF inflows, falling oil prices, and rising gold prices. Upcoming economic highlights include UK retail sales, housing starts, and budget statements.

Moneta Markets | 6घंटे 9 मिनट पहले

Dollar Strength and Chinese Renminbi Weakness

Dollar Strength and Chinese Renminbi Weakness

The U.S. dollar has shown persistent strength in global currency markets, with the dollar index breaking above the critical 103.00 level. This resurgence has been driven by a combination of factors, including robust economic data from the U.S., heightened global risk aversion, and relative weakness in other major currencies, most notably the Chinese renminbi (CNY).

ACY Securities | 7घंटे 31 मिनट पहले

Monetary Policy and Economic Developments in Japan and the U.S.

Monetary Policy and Economic Developments in Japan and the U.S.

In early October, the Bank of Japan (BOJ) held a regional meeting that highlighted positive trends in consumer spending, driven in part by wage growth, especially among younger demographics.

ACY Securities | 7घंटे 33 मिनट पहले

How You Can Trade the NZDCAD From the Monetary Policy Divergency

How You Can Trade the NZDCAD From the Monetary Policy Divergency

The recent inflation data from New Zealand and Canada has triggered notable movements in their respective currencies, the NZD and CAD. While both countries experienced a slowdown in inflation, the market response has been different.

ACY Securities | 7घंटे 36 मिनट पहले

EBC Markets Briefing | Bullion eyes record high despite dollar comeback

EBC Markets Briefing | Bullion eyes record high despite dollar comeback

Gold reached its peak as Treasury yields fell. LBMA delegates forecast gold at $2,941 and silver at $45 within 12 months.

EBC Financial Group | 1 दिन पहले

शर्तें | गोलनीयता | साइट का मैप | Site Map Calendar

&प्रतिलिपि; 2024 Myfxbook Ltd. सर्वाधिकार सुरक्षित.

उच्च जोखिम चेतावनी: फॉरन एक्सचेंज ट्रेडिंग में उच्च स्तर का खतरा होता है जो हर निवेशकों के लिए सही नहीं हो सकता. लीवरेज अधिकतम खातर और हानि के अनावरण को उत्पन्न करता है. इससे पहले कि आप निर्णय लें फॉरन एक्सचेंज में ट्रेड करने का, ध्यान अपने निवेश के उद्देश्यों, अनुभव स्तर, और खतरा उठाने की सहिष्णुता पर विचार करें. आप कुछ या अपनी प्रारंभिक निवेश को खो सकते हैं. बिल्कुल भी उस पैसे को निवेश ना करें जो आप खोने को बर्दाश्त नहीं कर सकते. अपने आप को शिक्षित करें उन खतरों से जो फॉरन एक्सचेंज ट्रेडिंग से संबंधित हैं, और सलाह लें किसी स्वतंत्र आर्थिक या कर सलाहकार से अगर आपके पास कोई भी प्रश्न हैं तो. कोई भी डाटा या जानकारों जो दी जाती है वे केवल सूचनात्मक उद्देश्यों के लिए है, और यब ट्रेडिंग आशय या सलाह पर नियत नहीं है. पिछले निष्पादन भविष्य के परिणामों के लिए परियाचक नहीं हैं.