US Jobs_Wage growth

The ISM’s manufacturing and non-manufacturing PMI’s, released earlier this week, suggest that while the activity in both the sectors has improved from a month ago, the employment sub-indexes painted a mixed picture. The ISM’s manufacturing data showed that the employment index rose to 57.2, compared to 53.5 in May. But the non-manufacturing dat...

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
ISM_Non manufacturing_0610

The United States nonfarm payrolls report is probably one of the most important economic releases every month. The nonfarm payrolls or NFP for short has a strong influence on the markets, even if it's just short-term. Released every month on the first Friday at 0830 EST, the nonfarm payrolls report that accounts for the number of jobs. In parti...

2017-06-07 John Benjamin Read more
NFP_March nonfarm payrolls

Summary: Employers add 98,000 jobs to their payrolls in March March payroll print unusually low in the backdrop of strong growth in the labor markets January payrolls revised from 238k to 216k; February payrolls revised from 235k to 219k Combined net revision shows 38k net decline in jobs over the past two months Average hourl...

2017-04-11 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
NAFTA_Trump_2401

Trump Vows To Return Jobs to The US Donald Trump’s inauguration speech on Friday received much attention as markets and citizens alike waited to hear whether the President would follow up on the more extremist tone he delivered during his campaign, or adopt a more moderated approach. The speech saw the new President delivering a strong populis...

2017-01-24 James Harte Read more
NFP results_0512

On Friday, all eyes were on the US again as the last jobs report was released for this year. However, the outcomes came in with mixed signals but could be enough for the Federal Reserve to go ahead and hike the Fed Fund Rate in December's meeting. Yet, there is still some confusion regarding the labour market in the US, which we will address in ...

2016-12-05 Nour Eldeen Al-Hammoury Read more
NFP Estimates

The US nonfarm payrolls report covering the month of October will be released today, on November 4th, 2016 by the Bureau of Labor Statistics at 12:30 GMT. The consensus estimates for the month of September are as follows: Monthly Nonfarm payrolls: 176k Unemployment rate: 4.90% Average hourly earnings m/m: 0.30% Previous (August 2...

2016-11-04 John Benjamin Read more
Bank UK

The markets enter a crucial week with both economic and political decisions weighing on traders. The US general election is now just one week away which will remain in the backdrop for the markets. The monetary policy meetings from the RBA, BoJ, FOMC and the Bank of England will likely set the stage for a December showdown. On the economic front...

2016-10-31 John Benjamin Read more
NFP_Non Farm Payrolls

The US nonfarm payrolls report data for September will be released this Friday on October 7, 2016, by the Bureau of Labor Statistics at 1230 GMT. The median consensus estimates for the September payrolls report is as follows: Monthly Nonfarm payrolls: 171k Unemployment Rate: 4.90% Average hourly earnings m/m: 0.20% Average hourly...

2016-10-06 John Benjamin Read more