03 May 19 (Fri)
06:57 am
Get Ready For US Nonfarm Payrolls Today
All eyes will be on the US Nonfarm Payrolls today. The Labor Department will release its latest jobs figures at 12:30 GMT. Why Is This Important? The Nonfarm Payrolls track the change in the number of people employed by the US in manufacturing, construction and goods companies. It does not include farming industry employment. The US Jobs Report is an important determinant of a Fed rate hike in the upcoming decisions. The Federal Reserve left interest rates unchanged on Wednesday. Chairman Jerome Powell indicated that no immediate need to cut interest rates. Also, the US cen...
05 Apr 19 (Fri)
07:05 am
Watch Out For The US Non-Farm Payrolls!
We will focus on the U.S. employment report for March today! The US Non-Farm Payrolls will be released at 12:30 p.m. (GMT). Why Is This Important? The Non-Farm Payrolls track the change in the number of people employed by the US in manufacturing, construction and goods companies. It does not include the farming industry employment. The US Jobs Report is an important determinant of a Fed rate hike in the upcoming decisions. Last Wednesday, the ADP report showed the US private sector added 129K jobs during March, missing expectations and down from February’s 197K...
08 Mar 19 (Fri)
07:29 am
Will Non-Farm Payrolls Support the US Dollar Today?
Watch out for the US Non-Farm Payrolls today. It will be announced at 13:30 p.m. (GMT). Why Is This Important? The Non-Farm Payrolls track the change in the number of people employed by the US in manufacturing, construction and goods companies. It does not include farming industry employment. It is a significant determinant of a Fed rate hike in 2019. Last Wednesday, the ADP Nonfarm Employment Change came out and it grew by 183K in February, a sharp decline from the upwardly revised 300K in January, missing economists' forecasts of 189.K US Nonfarm Payrolls is...
01 Feb 19 (Fri)
07:29 am
January’s US Jobs Report; What To Expect
We will focus on the US Non-Farm Payrolls today. It will be announced at 13:30 p.m. (GMT). Why Is This Important? The Non-Farm Payrolls track the change in the number of people employed by the US in manufacturing, construction and goods companies. It does not include the farming industry employment. It is a significant determinant of a Fed rate hike in 2019. The Fed Decision is behind us now. Last Wednesday, the Fed kept interest rates unchanged at 2.50%, as expected. However, the US dollar fell toward a three-week low after the Federal Reserve said it will be “patient” on...
04 Jan 19 (Fri)
08:23 am
Pay Attention For US Nonfarm Payrolls
All eyes will be on the US Job Reports today. It will be announced at 13:30 p.m. (GMT). Why Is This Important? The Non-Farm Payrolls track the change in the number of people employed by the US in manufacturing, construction and goods companies. It does not include the farming industry employment. It is a significant determinant of a Fed rate hike in the December’s Decision. The Federal Reserve raised interest rates by a quarter point in their December’s Meeting. However, the Fed reduced their 2019 median forecast for interest rates to...
07 Dec 18 (Fri)
07:20 am
Get Ready For US Nonfarm Payrolls
In the US, the November’s Job Reports will be announced at 13:30 p.m. (GMT). Why Is This Important? The Non-Farm Payrolls track the change in the number of people employed by the US in manufacturing, construction and goods companies. It does not include the farming industry employment. It is a significant determinant of a Fed rate hike in the December’s Decision. The U.S. Dollar showed a downward movement yesterday against the major currencies as traders thought that December’s rate hike could be the last before Federal Reserve hits the pause button on its tightening cycle....
