Logo-color Logo-white

Non-farm employment increased by 206k in June, slightly above market expectations for a gain of 190k. However, job gains for the prior two months were revised materially lower by roughly 111k jobs. Private payrolls rose 136k, with most of the gains concentrated in health care & social assistance (+82.4k) and construction (+27k). In the household […]

The post US: Payroll Gains Decelerate in June, While Unemployment Rate Ticks up to 4.1% appeared first on Action Forex.

previous

Pound About to Change Its Course

next

Canada’s Job Market Softens Further in June

Read More

11/01/2024

Nikkei 225 Sets 21st Century High

As the chart shows, this morning the Nikkei 225 price exceeded 35,700, its highest level in decades. The Nikkei 225 index reached its all-time high on December 30, 1989, at 38,957.44 points. This was against the backdrop of Japan’s economic boom, which began in the 1980s and continued until the early 1990s. Nikkei 225 growth […]
25/03/2024

Sunset Market Commentary

Markets The yuan’s sharp rebound this morning triggered some attention, if only because other news was so limited today. USD/CNY shot up last Friday on signals that Chinese authorities loosened their grip on the 7.2 handle it defended for several months. Clearly they weren’t expecting nor hoping for such an abrupt move. Such large fluctuations […]
24/07/2024

Brent Oil Prices Decline Amid Inventory Reductions and Middle East Optimism

Brent crude oil prices have continued their downward trajectory, reaching 81.14 USD per barrel as of Wednesday. This marks the fifth consecutive session of decline, primarily influenced by significant reductions in US oil inventories. The latest data from the API indicates a decrease of 3.9 million barrels, surpassing the forecasted reduction of 2.5 million barrels […]