US Jobs Report

The unemployment report for the month of May released the U.S. Department of Labor on Friday last week showed that the labor market activity surged strongly across all fronts with higher pace of job gains, lower unemployment rate and a steady wage growth. Official data showed that the U.S. unemployment rate fell to an 18-year low to 3.8% in M...

2018-06-05 John Benjamin Read more
hiring rises in february

Hiring rises in February in the United States as more people were seen joining the workforce, underlining the fact that the U.S. economy could potentially continue at the same pace without overheating. Reacting to the payrolls report, the equity markets have pushed the major indices higher on the day while the U.S. dollar was met with a subdu...

2018-03-23 John Benjamin Read more
January 2018 Nonfarm payrolls

The pace of job creation in the United States remained strong in the January 2018 Nonfarm payrolls report, as the U.S. unemployment rate hovered near a 17 year low, amid a pickup in wage growth. The jobs data underlined the fact that the U.S. economy finished the first year of the month at a healthy pace with the labor market continuing to tight...

2018-03-20 John Benjamin Read more
European Central Bank

The markets open a new week in December with the economic calendar busy with the monthly data. A busy week for most of the G7 currencies, this week will see the RBA and the Bank of Canada holding their final monetary policy meetings for this year. No changes are expected from both the central banks. In the U.S, economic data will focus on the...

2018-01-25 John Benjamin Read more
Factory worker - September 2017 NFP

The September nonfarm payrolls data will be released today by the Bureau of Labor Statistics. According to the median estimates of economists polled, the US economy is expected to add just 88k jobs during the month of September. The weak pace of job gains are attributed to the disruptions caused by the hurricanes Irma, Harvey, and Maria. The w...

2017-10-22 John Benjamin Read more
US Jobs

Summary: US nonfarm payrolls increased 222k in June. This was above estimates of 178k April and May NFP numbers revised to show a net gain of 47k US unemployment rate ticked higher to 4.4% from 4.3% previously Average hourly earnings were up 0.2% on the month, and 2.5% on a year over year basis June Payrolls beat estimates. Pr...

2017-07-26 John Benjamin Read more
Federal Reserve

The week ahead will see a fresh set of economic data for the month of June. The economic releases coming out this week include the manufacturing PMI data from China, the UK, US, and the eurozone. Later in the week, the FOMC meeting minutes are due followed by Friday's non-farm payrolls report. Also this week, the RBA will be holding its monthl...

2017-07-26 John Benjamin Read more
US Jobs

The US labor market kicked off 2017 on a firm footing adding 227k jobs during the first month of the year. The data, released by the Labor Department was upbeat as it raised the prospects of another solid pace of job gains amid a burst of optimism among businesses under the new Trump administration. The job gains came from the retail, construct...

2017-02-07 John Benjamin Read more
NFP_Non Farm Payrolls

The US nonfarm payrolls report covering the month of January 2017 will be released on Friday, February 3rd 2017 by the Bureau of Labor Statistics at 12:30 GMT. The median estimates for the January payrolls report are as follows: Monthly nonfarm payrolls change: 170k Unemployment rate: 4.7% Average hourly earnings m/m: 0.3% Previo...

2017-02-02 John Benjamin Read more
weekly forex wrap up

Happy New Year! Traders and investors will be looking to a busy first week of the year coming out of the Christmas and New Year break. The markets are closed on Monday across major trading hubs and the holiday shortened week will gain pace as latest data for December is released. In the U.S. FOMC meeting minutes, ISM surveys and Friday’s payr...

2016-12-30 John Benjamin Read more