The consensus for tomorrow's NFP (nonfarm payrolls, the principal component of the big jobs report) is 110k--not much of a downgrade from last month's 139k. The bond market has recently been trading ...
We knew the onus was on weaker economic data to justify any decent drop in rates/yields and we know the first week of any given month has a high concentration of relevant reports and that today's ...
The market got two pieces of labor market data this week. First was the ADP employment report on Wednesday and the more popular non-farm payroll report on Friday. The latter obviously gets more ...
The upcoming ADP report is taking on added importance -- precisely because it's not a particularly good indicator of what the nonfarm payrolls report is likely show. "In the past, we’ve been quick to ...
US Dollar Index steadies after ADP jobs +8K. Housing slowdown and construction data shape GBP/USD triangle breakout and ...
The US Dollar Index holds in a tight range as traders await NFP and jobless claims, with mixed ISM, ADP, and JOLTS data keeping DXY direction uncertain.
Markets were running hot until Friday’s Nonfarm Payroll Report (NFP). The revisions to May and June have put a question mark on the reliability of the monthly NFP job numbers on which the markets and ...
The Non-Farm Payroll numbers (NFP) spooked the equity markets on Friday with the DJIA off nearly -0.5% and the S&P by -0.3%. For the week, the table shows solid gains for the tech heavy Nasdaq and for ...