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The Dow Jones recovered ground on NFP Friday, but still remains down on the week.. The US added far more jobs than expected in September. Market hopes for a follow-up jumbo cut from the Fed have collapsed. The Dow Jones Industrial Average (DJIA) rallied after US Nonfarm Payrolls (NFP) jobs figures blew past expectations. US
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The US looks like it’s heading for a soft landing. The unemployment rate fell to 4.0510% compared to 4.220% previously and adds downside risks to the Fed’s year-end dot at 4.4%. It also reverses some recent upwards momentum. US unemployment rate The rates market is now pricing in just a 9% chance of a 50
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FX option expiries for Oct 4 NY cut at 10:00 Eastern Time, via DTCC, can be found below. EUR/USD: EUR amounts 1.1000 2b 1.1100 1b USD/JPY: USD amounts                      146.25 879m 148.00 958m AUD/USD: AUD amounts 0.6650 300m 0.6700 418m 0.6850 813m USD/CAD: USD amounts        1.3500 993m 1.3550 1.7b 1.3600 657m
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Goldman Sachs are estimating that headline nonfarm payrolls rose 165k in September. From the note, in brief: On net, Big Data indicators indicate a pace of job creation above the recent payrolls trend. We assume above-trend (albeit moderating) contributions from the recent surge in immigration and catch-up hiring. We suspect August payroll growth will be
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Oil prices rose on Thursday on investor concern that a widening Middle East conflict could disrupt crude oil flows from the region, though a stronger global supply outlook kept a lid on gains. Brent crude futures were up $1.41, or 1.91%, at $75.31 a barrel by 1050 GMT. U.S. West Texas Intermediate crude futures rose
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Mexican Peso snaps two days of gains and falls on Israel/Iran hostilities. Banxico’s September poll revised USD/MXN exchange rate expectations upward, while inflation projections were lowered. Traders await September’s Nonfarm Payrolls data, with strong results likely boosting the Greenback and further impacting the Peso. The Mexican Peso registers losses in early trading against the Greenback
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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
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