Market updates on June 27
Market updates
US Nonfarm Payrolls
| When we talk about the most important economic indicators, one of the first that comes to our mind is the US nonfarm payrolls, also known as NFP. Job creation is a leading indicator of consumer spending, which accounts for the majority of the overall economic activity. The data is out every month, and this time it will be released at 15:30 MT time on April 6. If actual figure is greater than the forecast one, the greenback will have chances to strengthen. Note that the United States will also release the unemployment rate and average hourly earnings. |
Similar
Keep an eye on the important release for the loonie
The level of GDP growth for Canada will be published on June 28, at 15:30 MT time.
Market updates on June 26
Read and find out the market movers
Latest news
British inflation tacks on for the first time this year
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
Evergreen buck heads north
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
Gold sinks on soaring greenback
On Monday, gold declined because the evergreen buck managed to gain early traction, thus putting pressure on the most popular precious commodity, which has been sticking with the year’s minimums…
Deposit with your local payment systems
