US non-farm payroll employment rose 142k in August, missing expectation of 163k. Growth was also well below the average monthly gain of 202k over the prior 12 months. Previous month’s growth was revised down from 114k to 89k. Unemployment rate ticked down from 4.3% to 4.2%, matched expectations. Participation rate was unchanged at 62.7%. Average […]
The post US NFP grows 142k in Aug, unemployment rate ticks down to 4.2% appeared first on Action Forex.
Latest Political News President-elect Donald Trump has begun shaping his administration, starting with a White House meeting with outgoing President Joe Biden, symbolising the peaceful transfer of power. His cabinet picks have sparked debate, including Read more…
Next week, more countries will release their estimates for October consumer inflation. Canada will do so on Tuesday. The pace of price increases here is below the 2% target, allowing the Bank of Canada to Read more…
Gold has been under consistent selling pressure since the end of October, as investors take profits following a prolonged rally. This week alone, gold prices have fallen nearly 5%, marking the steepest weekly decline in Read more…