U.S. jobs report
Dollar Marking Time Ahead of U.S. September Jobs Report
October 6, 2023
The DXY weighted dollar is unchanged. The U.S. currency rose overnight by 0.4% against the yen and 0.1% relative to the Aussie and Canadian dollars but fell by 0.2% versus the euro and sterling and by 0.1% against the Swiss franc. Based in part by the sharp recent retreat in oil prices and a very […] More
Market Reaction to U.S. Debt Ceiling Vote Muted Ahead of Payroll Data Release
June 2, 2023
U.S. share price futures are up 0.6% from Thursday’s close. The weighted DXY dollar index has dipped 0.1%, and the 10-year U.S. Treasury yield is a basis point higher. Prices for oil and Bitcoin are up 1.6% and 1.1%, but that for gold is unchanged. More volatility has been seen in foreign stock markets, featuring […] More
The Good Friday/Easter Break but Also Awaiting U.S. Jobs Data
April 7, 2023
Several markets in the Pacific Rim were shut today, including those in Australia, New Zealand, Indonesia, Hong Kong and Singapore. Most of Europe was closed for holiday. Good Friday is not a federal holiday in the United States, but while banks will be open, stock exchanges will stay shut, muting any response to U.S. labor […] More
Investors Treading Water Ahead of U.S. Monthly Release of Jobs Data
August 5, 2022
Market movements: U.S. stock futures and the dollar are barely changed. Likewise, the prices of gold and West Texas Intermediate crude oil have dipped just 0.2% and 0.3%, although the latter has now retreated roughly 29% from its 52-week high set in early March. Bitcoin rallied 3.4%. The Reserve Bank of India engineered a third […] More
Awaiting U.S. September Jobs Data
October 8, 2021
Equity markets and the dollar stayed in place overnight, pending new clues from the U.S. Labor Dept report. The dollar on balance is unchanged against the euro, loonie, Swiss franc and weighted DXY index. The dollar edged up 0.1% versus the yen, kiwi, and Aussie dollar and down 0.2% relative to the peso and 0.1% […] More
U.S.-Sino Strains and Many Data Releases
August 7, 2020
U.S. President Trump has banned all transactions with WeChat and TicToc. Although today was the planned deadline for a U.S. fiscal stimulus plan, the political parties remain miles apart, and a deal looks doubtful. Globally reported coronavirus cases jumped over 286k in the past 24 hours, and the U.S. death count rose almost 1200 to […] More
Markets Looking Beyond Today’s Jobs Report
May 8, 2020
America’s imposed business shutdown will be reflected in today’s April jobs report, which analysts expect to show a 22 million dive in jobs and an unemployment rate that tops 15%. This will be the weakest labor market data since the Second World War, and ironically today marks the 75th anniversary of the end of fighting […] More
Many Industrial Production Reports as Well as U.S. Jobs Day
January 10, 2020
Markets marked time ahead of the U.S. December labor market statistics. The dollar didn’t react much afterward, either. As of 08:10 EST, the dollar was up 0.2% against the Swiss franc and 0.1% relative to the euro and yen. The greenback was unchanged vis-a-vis the loonie and kiwi but down by 0.3% against the peso […] More
Several Points of Interest This Friday
January 4, 2019
The U.S. Labor Department’s monthly jobs report was considerably stronger than forecast and counter evidence to the market view that the U.S. economy has slowed abruptly. Non-farm payroll jobs shot up 312K in the final month of 2018. Jobs growth in October-November got revised upward by 58K, bringing the fourth-quarter increase to more than three […] More
Stronger Dollar on Jobs Day Amid Bursting Asset Bubbles
February 2, 2018
Overnight dollar gains have been led by 1.2% increases against the yen and Australian dollar, a 1.1% appreciation relative to the kiwi, and a 1.0% advance vis-a-vis the peso. The dollar also strengthened 0.8% versus the loonie and sterling, 0.6% against the Swiss franc and 0.5% relative to the euro. There was only a 0.1% […] More
