News list for " farm number"
On November 7th, Bank of America said that the weakness of the non-farm payroll data in October was enough for the Federal Reserve to cut interest rates by 25 basis points in November and December. Powell is likely to emphasize the stability of the economy and the return of inflation targeting. Trump's return to the White House may make the Federal Reserve more cautious in the future. (Jin Ten)
On November 1st, the Bureau of Labor Statistics announced that the landfall and impact of Hurricane "Helene" was before the reference period of the household survey (unemployment rate) and the business survey (non-farm payrolls). Hurricane "Milton" was within the survey reference period. The response rate of the household survey in October was within the normal range. The collection rate of the business survey in October was well below the average. Employment estimates in some industries are lik...
The non-farm data exceeded expectations, and the US dollar index hit its highest level in seven weeks! Nasrallah's potential successor was killed, Qatari officials said Hamas leader Sinwar was still alive... What major events have happened around the world since last Friday?
The Federal Reserve mouthpiece Nick Timiraos published an article on the occasion of the upcoming release of non-farm payroll data in August, saying that tonight's employment report will affect the Federal Reserve's rate cut. If the non-farm payroll in August is another bad employment report, it may lead to a sharp increase in the Fed's interest rate.
On August 3rd, the US stock market closed, the Dow index initially closed down 613 points, the S & P 500 index closed down 1.8%, the Nasdaq index closed down 2.4%. A number of star technology stocks tumbled, Intel (INTC. O) fell about 26%, Amazon (AMZN. O) fell about 9%, Micron Technology (MU. O) fell about 8.6%. Apple (AAPL. O) rose 0.66% against the market, its third quarter total revenue, iPhone business revenue are higher than expected.
1. Wells Fargo: Non-farm payroll data once again confirms that the US economy is slowing down. 2. UOB: The downside risk of US 10-year bond yields is greater. 3. Dutch International: The prospect of the Federal Reserve cutting interest rates is expected to boost Asian currencies. 4. Royal Bank of Canada: The US CPI data will determine the future direction of monetary policy. 5. JPMorgan Chase: The rise and fall of French stocks is difficult to predict, but the spread between French and German go...
