Why there are so few ‘safe’ jobs right now
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Forexlive Americas FX news wrap: US jobs continue to support solid employment
Markets: Gold down $4.80 or -0.15% at $3234.11 WTI crude oil down $0.74 or -1.29% at $58.50 In the US stock market, the S&P closed higher for the ninth consecutive day. For the trading day: Dow industrial average rose 564 points or 1.39% at 41317.43 S&P index rose 82.54 points or 1.47% at 5686.65. NASDAQ
Markets weekly outlook – Central Banks in focus as risk appetite improves
The upcoming week will be a bit quieter but still busy nonetheless. Asia Pacific markets get a slight break while the market will shift focus to high impact data from the US and UK in particular with tariff developments still being monitored closely. Asia Pacific Markets China’s April trade data, due Friday, will reveal the
Dow Jones soars 600 points as NFP data calms recession fears, weekly gains top 3%
April Nonfarm Payrolls beat consensus at 177K; Unemployment Rate steady at 4.2%, easing recession concerns. Trump pressures Fed to cut rates despite upbeat data; CBOT shows 88 bps of easing priced in. Apple and Amazon fall on China sales miss and cloud growth slowdown despite beating EPS forecasts. The Dow Jones Industrial Average (DJIA) rallied
Canada's Carney to pick cabinet May 12
Will name cabinet May 12 Parliament to return May 26 Will deliver Throne Speech May 27 Typically, Parliament has returned around 45 days after an election though in 2008 and 2011 it returned after 35 and 31 days, respectively. This is a relatively quick turnaround by Canadian standards. This article was written by Adam Button
Markets Cheer Solid NFP, Tariff Fallout Appears Milder Than Feared
Risk assets are rallying to end the week as investors take comfort in the stronger-than-expected US non-farm payroll report. The data helped to offset recession concerns after surprise Q1 GDP contraction. While the GDP miss raised alarms, it was largely attributed to a surge in imports ahead of the April tariff changes, rather than a
Euro breaks slide as eurozone core CPI climbs, US nonfarm payrolls beats forecast
Eurozone inflation for April was a surprise on the upside. Headline CPI remained steady at 2.2% y/y, edging above the market estimate of 2.1%. Lower energy prices were offset by a rise in service inflation and food prices. Monthly, CPI was also unchanged at 0.6%, above the forecast of 0.4%. Core CPI, which excludes food
Nonfarm Payrolls rise by 177,000 in April vs. 130,000 expected
Nonfarm Payrolls (NFP) in the United States (US) rose by 177,000 in April, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading followed the 185,000 increase (revised from 228,000) reported in March and came in better than the analysts’ estimate of 130,000. Follow our live coverage here Other details of the employment
XAU/USD: Elliott wave analysis and forecast for 02.05.25 – 09.05.25
2025.05.02 2025.05.02 XAU/USD: Elliott Wave Analysis and Forecast for 02.05.25 – 09.05.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 2955.00 with a target of 3800.00 – 4200.00. A buy signal: the price holds above 2955.00. Stop Loss: below 2920.00, Take Profit:
US Jobs Report NFP Preview: Implications for the DXY & Gold (XAU/USD)
US Jobs Report (NFP) for April 2025 expected to show a slowdown in job growth to 130,000, with unemployment remaining at 4.2%. Weaker economic data, including GDP and consumer confidence, adds importance to the NFP report for Federal Reserve interest rate decisions. Gold (XAU/USD) finds support near 3200, with potential resistance at 3277 and 3300,
USD/СAD: Elliott wave analysis and forecast for 02.05.25 – 09.05.25
2025.05.02 2025.05.02 USD/СAD: Elliott Wave Analysis and Forecast for 02.05.25 – 09.05.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.3774 with a target of 1.4300 – 1.4800. A buy signal: the price holds above 1.3774. Stop Loss: below 1.3720, Take Profit:
USDJPY Technical Analysis – Dollar shorts unwind as de-escalation gathers steam
Fundamental Overview The USD continues to be supported amid the ongoing de-escalation in trade wars. This has most likely to do with positioning rather than fundamentals. The short dollar trade got very overstretched so positive news on the tariffs front is providing a pullback. In the medium term, the US Dollar should keep on depreciating
Australia Retail Sales Rise At Faster Pace
Australia’s retail sales grew at a slightly faster pace in March with higher food-related spending in supermarkets and grocery stores, the Australian Bureau of Statistics said Friday. Retail turnover climbed 0.3 percent month-on-month in March, slightly faster than the 0.2 percent rise in February. However, this was weaker than economists’ forecast of 0.4 percent. The
Markets Lifted by US-China Trade Thaw Hopes, But All Eyes on US Jobs Report
Markets trade on a cautiously optimistic in Asian session, supported by fresh signs that US-China trade tensions may be starting to thaw. China’s Commerce Ministry said the US has repeatedly expressed interest in reopening negotiations, adding that Beijing is “evaluating” these overtures. This marks the most constructive public tone from Beijing since the US enacted
US stock indices futures extended gains while Gold (XAU/USD) recent losses found support at the 20-day MA
Kelvin Wong Senior Market Analyst Based in Singapore, Kelvin Wong is a well-established senior global macro strategist with over 15 years of experience trading and providing market research on foreign exchange, stock markets, and commodities. Passionate about connecting the dots in the financial markets and sharing perspectives around trading and investment, Kelvin Wong is an