The number of Americans filing for unemployment benefits for the first time last week was 223,000, an estimate of 220,000, and the previous value was 217,000.
JPMorgan Chase said that in light of the latest non-farm payrolls data, the Federal Reserve is expected to make its next rate cut in June, compared to its previous forecast of March.
Following last December's shocking non-farm payrolls data, investors are now turning their attention to December CPI data, scheduled for release next Wednesday. Bank of America analysts Sarah House and Aubrey Woessner expect headline inflation to hit a five-month high of 2.9 percent in December, up from 2.7 percent in November. Core CPI growth is expected to remain at 3.3 percent for the fourth consecutive month, they said in a note. Inflation, they believe, "will stall this year as disinflation...
JPMorgan Chase: In light of the latest non-farm payrolls data (strong), the Federal Reserve is expected to make its next rate cut in June, compared to its previous forecast of March.
1. December employment data: Non-farm payrolls added 256,000 in December, sharply higher than expected and the highest since March 2024. October and November data combined were revised down 8,000. The unemployment rate unexpectedly fell to 4.1%. Average hourly earnings rose 0.3% from November. 2. Full year 2024 data: Full year 2024 payrolls increased 2.20 million, the smallest full year gain since 2020, marking a slowdown in job growth from the strong rebound following the COVID-19 pandemic. 3. ...
Federal Reserve Goolsby: Still shouldn't focus too much on individual jobs reports.
The number of non-farm payrolls in the United States increased by 256,000 in December, which is expected to increase by 165,000, and the previous value was an increase of 227,000.
1. Banco Paribas: 4.2%; Barclays: 4.2%; Bank of America: 4.2%; Capital Economics: 4.2%; Deutsche Bank: 4.2%; 2. Daiwa Capital: 4.2%; Danske Bank: 4.2%; HSBC Holdings: 4.2%; ING: 4.2%; JPMorgan Chase: 4.2%; 3. Mizuho Securities: 4.2%; Lloyds Bank: 4.2%; Moody's Analytics: 4.2%; Nomura Securities: 4.2%; Royal Bank: 4.2%; 4. Societe Generale: 4.2%; TD Securities: 4.2%; UBS Group: 4.2%; Wells Fargo: 4.2%; Deutsche Bank: 4.3%; 5. Goldman Sachs Group: 4.3%; Jefferies: 4.3%; Standard Chartered: 4.3%; M...
The US non-farm payrolls report for December will be released at 21:30 Beijing time tonight. The U.S. unemployment rate is expected to be 4.2% in December, and the U.S. non-farm payrolls are expected to be 160,000 after the December quarterly adjustment.
Gold prices held steady after three straight days of gains as traders awaited the release of U.S. jobs data that will weigh on the Federal Reserve's policy outlook this year. U.S. non-farm payrolls data for December is expected to show a slowdown in job growth, but it remains healthy, and economists expect that growth to continue through 2025. Fed officials have signaled that they may keep interest rates at current levels for an extended period of time, cutting them again only if inflation cools...
U.S. ADP employment in December 122,000, expected 140,000, the previous value of 146,000.
The number of people applying for unemployment benefits in the week of January 4 201,000, expected 218,000, and the previous value 211,000.
U.S. ADP employment rose by 122,000 in December, the lowest level since August 2024, and is expected to increase by 140,000, compared with an increase of 146,000.
QCP Capital's latest analysis pointed out that due to the US employment data exceeding expectations, Bitcoin pulled back to the $95,000 support level. JOLTS job vacancies surged to 8.10 million, exceeding 7.74 million expectations. The unexpected strength of the labor market triggered risk aversion, and the rise in long-term bond yields led to a sell-off in risky assets. Bitcoin ETF inflows plummeted from $987 million to $52.90 million, a 94% drop. BlackRock IBIT recorded a significant inflow of...
On January 8th, due to the impact of the National Day of Mourning (January 9th) in the United States, the initial jobless claims data and wholesale sales data of the United States for the week were released at 21:30 and 23:00 tonight respectively. In addition, the number of "small non-farm" ADP jobs in the United States will be released at 21:15 tonight, so please pay attention to investors.