Stocks advance as bond yields ease ahead of NFP
investingLive European session wrap: Stocks advance as bond yields ease ahead of NFP !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
investingLive European session wrap: Stocks advance as bond yields ease ahead of NFP !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
A week before the September jobs report, futures priced in about a 70% chance of a Federal Reserve (Fed) rate hike in October. After that, CME FedWatch, which turns futures prices into the odds of a Fed move, puts October at 21.59% and still prices in a December hike. The chance it gives a December hold is 0.00%. Payroll…
Solana extends gains as traders reduce Fed rate hike bets following dovish Fed comments !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
The September jobs report added 29K jobs against a 90K forecast, and the more useful numbers in it are the revisions. Read with the revisions before them, they show the pace of hiring slowing in May, five months before September’s headline. As first reported, Nonfarm Payrolls (NFP) grew by an average of 83K a month from January to April…
Prior was +162K (revised to +133K) Two-month net revision -60K Unemployment rate 4.2% vs 4.1% expected Prior unemployment rate 4.1% Unrounded unemployment 4.1753% vs 4.1413% prior Participation rate 61.8% vs 61.6% prior U6 underemployment rate 7.6% vs 7.7% prior Average hourly earnings +0.1% m/m vs +0.3% expected Average hourly earnings 3.0% y/y vs +3.2% expected Average weekly hours 34.4…
The week that was The US Dollar’s (USD) rally remained everything but abated, climbing for the third consecutive week and reaching levels last seen in April 2025. The move higher came on the back of a mixed performance in US Treasury yields, extending their rally in the belly and long end of the curve while losing some momentum at…
US stocks are trading higher as slower jobs gains for the month of September reduces the pressure on the Fed to raise rates again. The market’s initial reaction suggests investors are giving more weight to relief on interest rates than to the slowdown in hiring. Payrolls increased just 29,000, while July and August were revised lower by a combined…
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NEC Director Kevin Hassett: US jobs report says the US consumer is very strong !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any…