Softer PCE Inflation Sends US500 Up 68 Ticks as Dollar Weakens

According to our analysis USDJPY moved 15 pips, EURUSD moved 10 pips, US500 moved 68 ticks and XAUUSD 15 points (93 ticks, gold 15 points total) on US BEA Personal Income and Outlays and US BEA Gross Domestic Production (GDP) data on 30 September 2026.

USDJPY (15 pips)

EURUSD (10 pips)

US500 (68 ticks)

XAUUSD (15 points)

Charts are exported from JForex (Dukascopy).

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HAAWKS Research

Softer PCE Inflation Drives Dollar Lower as US500 and Gold Rally

August PCE inflation undershot expectations while the third estimate of second-quarter U.S. GDP was revised sharply higher. The simultaneous BEA releases produced an immediate cross-asset repricing in FX, equities and gold.

September 30, 2026 • Release time: 8:30 a.m. ET • BEA PCE & GDP

Two major U.S. macroeconomic releases hit institutional trading systems simultaneously at 8:30 a.m. ET on September 30: August Personal Income and Outlays, including the Federal Reserve's preferred PCE inflation measures, and the third estimate of second-quarter GDP.

The combined signal was unusual. Inflation was softer than expected, while economic growth was revised materially higher.

In the first minutes after the release, markets appeared to give greater weight to the inflation surprise and its implications for Federal Reserve policy.

HAAWKS measured an immediate 10-tick rise in EUR/USD, 15-tick decline in USD/JPY, 68-tick rise in US500 and 15-point rise in XAU/USD.

Institutional read-through: the cross-asset configuration — weaker USD, stronger equities and stronger gold — was consistent with a decline in near-term U.S. rate-hike expectations. The much stronger GDP revision provided an important counter-signal, but it did not dominate the initial release-window repricing.

Immediate Cross-Asset Reaction

EUR/USD +10 Ticks USD weaker

USD/JPY −15 Ticks USD weaker

US500 +68 Ticks Immediate equity rally

XAU/USD +15 Points Gold higher

Instrument	HAAWKS Measured Move	Direction	Institutional Interpretation
EUR/USD	10 ticks	Higher	Broadly consistent with a softer U.S. dollar following the lower-than-expected PCE inflation readings.
USD/JPY	15 ticks	Lower	Reinforced the initial USD-negative interpretation across major FX pairs.
US500	68 ticks	Higher	Lower expected policy-rate pressure initially supported equity valuations.
XAU/USD	15 points	Higher	Gold benefited from the initial decline in U.S. rate expectations and dollar weakness.

August PCE: The Dominant Release-Window Signal

The principal inflation measures came in below market expectations. Headline PCE increased 0.3% month over month, compared with a Reuters consensus estimate of 0.4%.

On a year-over-year basis, headline PCE inflation was 3.4%, below the approximately 3.7% expected before the release.

Core PCE, which excludes food and energy and receives particular attention from Federal Reserve policymakers, rose 0.2% month over month and 3.0% year over year.

Headline PCE MoM +0.3% Reuters expectation: +0.4%

Headline PCE YoY 3.4% Reuters expectation: 3.7%

Core PCE MoM +0.2% Softer underlying inflation

Core PCE YoY 3.0% Revised inflation profile

HAAWKS view: for the first market reaction, the inflation surprise carried greater policy relevance than the backward-looking GDP revision. The combination of EUR/USD higher, USD/JPY lower, US500 higher and gold higher is consistent with the market initially reducing the probability of additional near-term Federal Reserve tightening.

An Important Institutional Caveat: The PCE Data Were Revised

The September 30 release was not a standard monthly update in isolation. It incorporated BEA's 2026 annual update of the National Economic Accounts, with revisions to personal income, spending and inflation estimates beginning in January 2021.

That distinction matters for systematic interpretation.

July headline PCE inflation was revised down to 0.1% month over month, while July core PCE was also revised to 0.1%.

Reuters reported that methodology changes affecting areas including portfolio-management services, software and legal services contributed materially to lower historical inflation readings.

Institutional implication: a low-latency model should distinguish a genuinely new monthly inflation surprise from revisions caused by annual benchmarking or methodology changes. Both can move markets, but they represent different information structures and may deserve different model weights.

The Consumer Remained Exceptionally Strong

The inflation data were softer, but the broader household data were not weak.

Nominal personal consumption expenditures increased 0.9% in August, equivalent to a $190.8 billion increase.

Inflation-adjusted real PCE increased 0.6%, indicating that the spending acceleration was not merely a function of higher prices.

Personal income increased only 0.2%, while disposable personal income increased 0.3%. Real disposable income was unchanged.

The personal saving rate declined to 4.1%, showing that the strength in consumption was accompanied by a lower share of disposable income being saved.

August Household Measure	BEA Result	Institutional Read-Through
Personal Income	+0.2%	Income growth remained positive but materially lagged consumption growth.
Disposable Personal Income	+0.3%	Moderate nominal household-income growth.
Real DPI	0.0%	No monthly increase in inflation-adjusted disposable income.
Nominal PCE	+0.9%	Very strong consumer spending despite elevated borrowing costs.
Real PCE	+0.6%	Indicates genuine volume growth rather than only price effects.
Saving Rate	4.1%	Household spending growth continued to outpace income growth.

GDP Delivered a Powerful Counter-Signal

At exactly the same 8:30 a.m. ET release time, BEA published its third estimate of second-quarter GDP.

Real GDP growth was revised sharply higher to an annualized 2.2%, compared with 1.5% in the second estimate.

The 0.7-percentage-point upward revision reflected stronger investment, consumer spending and government spending.

Q2 U.S. Measure	Second Estimate	Third Estimate	Institutional Significance
Real GDP	1.5%	2.2%	Material upward revision to aggregate economic growth.
Real Final Sales to Private Domestic Purchasers	4.2%	4.6%	Strong underlying private domestic demand.
Real GDI	2.2%	2.6%	Income-side measure also pointed to firmer activity.
Average of GDP and GDI	1.8%	2.4%	Broader confirmation that Q2 activity was stronger than previously estimated.

Underlying Domestic Demand Was Stronger Than Headline GDP

For institutional macro investors, the composition of GDP may be more informative than the headline 2.2% figure.

Real final sales to private domestic purchasers — consumer spending plus private fixed investment — increased at a 4.6% annualized rate.

This measure removes several volatile components of GDP and provides a cleaner indication of underlying private domestic demand.

BEA attributed the Q2 GDP expansion to consumer spending, investment and exports, while increased imports subtracted from the headline calculation.

Among industries, the strongest contributors included real estate and rental and leasing, information, durable-goods manufacturing, and finance and insurance.

Corporate Profits Added to the Growth Signal

Profits from current production increased by $384.0 billion in the second quarter, although that figure was revised down by $16.9 billion from the previous estimate.

The combination of stronger consumer activity, investment and corporate earnings helps explain why the GDP release offered a distinctly growth-positive counterweight to the softer inflation figures.

Why the Inflation Signal Won the First Policy Repricing

Inflation Undershot Expectations

Headline monthly PCE rose 0.3% versus a 0.4% Reuters consensus, while the annual rate was 3.4% versus approximately 3.7% expected.

The Data Were Directly Relevant to the Fed

PCE inflation is the Federal Reserve's preferred consumer-inflation framework, making an inflation surprise immediately relevant to policy-rate pricing.

GDP Was Backward Looking

The 2.2% GDP figure described activity during April through June. The August PCE data provided more recent information about the inflation environment.

Growth Remained a Hawkish Counterweight

Strong consumption, a 4.6% increase in private domestic final sales and the GDP revision argue against interpreting the release as a simple growth slowdown.

Institutional takeaway: this was closer to a "soft inflation, strong demand" configuration than a straightforward dovish macro release. The first price response favored the inflation signal, but the underlying growth data remained too strong to justify treating the report as an unambiguously weak U.S. macro outcome.

Federal Reserve Expectations Repriced Lower

The immediate rates-market response reinforced the cross-asset signal.

Reuters reported that the implied probability of another Federal Reserve rate increase at the October meeting fell to approximately 41.5% after the data, from roughly 51.5% immediately beforehand.

U.S. Treasury yields initially declined and the dollar weakened, consistent with the HAAWKS FX, equity and gold observations.

That repricing did not eliminate the possibility of additional tightening. Inflation remained above the Federal Reserve's longer-run objective and household demand remained exceptionally resilient.

One Timestamp, Multiple Macro Signals

September 30 also illustrates a problem that matters directly to institutional news-trading infrastructure: multiple high-value data sets can be released at precisely the same timestamp.

At 8:30 a.m. ET, systems were required to process not merely one PCE figure but a large matrix of information including:

Data Family	Examples of Relevant Fields	Primary Market Channel
PCE Inflation	Headline MoM, headline YoY, core MoM, core YoY	Federal Reserve policy expectations
Household Income	Personal income, disposable income, real DPI	Household purchasing capacity
Consumer Spending	Nominal PCE, real PCE, goods and services	Current-quarter growth expectations
GDP	Real GDP, final sales, investment, consumption	Growth and policy outlook
GDI	Real GDI and GDP/GDI average	Confirmation of economic activity
Corporate Profits	Current-production profits and industry measures	Equity and growth fundamentals

Implications for Institutional News-Trading Systems

Field-Level Parsing Is Essential

A system reacting only to headline PCE could miss the interaction among core inflation, spending, income, GDP revisions and prior-period revisions.

Release Vintage Must Be Preserved

The 2026 annual update changed historical PCE and GDP estimates. Institutional research and systematic backtesting therefore need to distinguish the data available in real time from subsequently revised historical series.

Surprise Direction Is Not Enough

Softer inflation was dovish, while stronger GDP and spending were comparatively hawkish. A robust model needs to evaluate the magnitude, timeliness and policy relevance of competing surprises.

Cross-Asset Confirmation Adds Information

EUR/USD higher, USD/JPY lower, gold higher and equities higher provided a coherent initial cross-asset signal consistent with reduced near-term U.S. rate expectations.

Release-Window Movement Is Not Full-Session Performance

HAAWKS measurements isolate the immediate market response to the scheduled release. Subsequent price action incorporates liquidity, positioning, policy commentary and additional economic information.

Immediate Reaction vs. the Full Trading Session

The initial response should not be confused with the eventual daily close.

HAAWKS measured a strong 68-tick US500 increase during the release window, reflecting the first repricing of the new information.

The broader U.S. equity session subsequently became more mixed as investors continued to digest the strength of economic activity and elevated longer-term interest rates.

This distinction is central to institutional event analysis: release-window attribution asks a different question from end-of-day market attribution.

HAAWKS Conclusion

The September 30 BEA releases delivered one of the more complex U.S. macro combinations for systematic news traders: softer inflation alongside substantially stronger growth and exceptionally resilient consumer spending.

August headline PCE increased 0.3% month over month and 3.4% year over year, while core PCE increased 0.2% and 3.0%, respectively.

At the same time, second-quarter real GDP was revised from 1.5% to 2.2%, real final sales to private domestic purchasers increased 4.6%, and August nominal consumer spending surged 0.9%.

The market's initial interpretation nevertheless leaned toward the inflation side of the release.

HAAWKS measured EUR/USD +10 ticks, USD/JPY −15 ticks, US500 +68 ticks and XAU/USD +15 points in the immediate release window.

For institutional trading systems, the event demonstrates why a simultaneous macro release cannot be reduced to one headline field. Current values, consensus expectations, prior revisions, annual benchmarking, growth composition and cross-asset confirmation all need to be evaluated while the market is repricing.

Low-Latency Data. Structured Intelligence. Institutional Execution.

Low-Latency Macro Data for Institutional Markets

HAAWKS G4A provides structured, machine-readable macroeconomic and commodity data covering the United States, Canada and Europe.

The feed is designed for professional news-trading desks, systematic macro strategies and latency-sensitive applications that require field-level data immediately when official releases become public.

API access is available through infrastructure in Chicago, New York and London. Free trials are available for qualified professional users.

Explore HAAWKS G4A Low-Latency Data

Sources

1. U.S. Bureau of Economic Analysis — Personal Income and Outlays, August 2026
   Official source for personal income, consumer spending, headline and core PCE inflation and the personal saving rate.
2. U.S. Bureau of Economic Analysis — GDP Third Estimate, Industries and Corporate Profits, Second Quarter 2026
   Official source for real GDP, GDI, private domestic final sales, corporate profits and industry-level revisions.
3. Reuters — U.S. Inflation Rises Less Than Expected in August
   Used for market consensus, Federal Reserve pricing and post-release rates and FX context.
4. HAAWKS internal tick-chart analysis — September 30, 2026
   Source for the measured immediate release-window reactions: EUR/USD +10 ticks, USD/JPY −15 ticks, US500 +68 ticks and XAU/USD +15 points.

Data note: The September 30 releases incorporated BEA's 2026 annual update of the National Economic Accounts. Historical figures and prior-period readings may therefore differ from figures originally published in earlier release vintages. Quarterly GDP growth rates are seasonally adjusted annual rates and should not be directly compared with monthly or year-over-year PCE inflation rates without accounting for the different measurement basis.

Disclaimer: This material is provided for informational and educational purposes only and does not constitute financial advice, investment advice or a recommendation to buy or sell any financial instrument. The market movements described are historical measured release-window movements and do not represent guaranteed or necessarily achievable trading profits. Tick and point values are instrument-specific and are not standardized measures of financial return. Actual trading results depend on market-data latency, processing latency, liquidity, spreads, slippage, order type, execution venue and risk management. Past market behavior is not indicative of future results.

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Built for traders who compete on speed. HAAWKS G4A delivers low-latency, machine-readable macroeconomic and commodity data via API infrastructure in Chicago, New York and London. Explore the feed, share your feedback, or contact us to request a free trial for financial institutions.

Greedy 4 Alpha

Low latency machine-readable macro-economic and commodity data for financial institutions

August 2026 CPI: Hotter Core CPI Sends US500 Down 48 Ticks and Gold Down 19 Points

According to our analysis US500 moved 48 ticks and XAUUSD 19 points on US BLS Consumer Price Index (CPI) data on 11 September 2026.

US500 (48 ticks)

XAUUSD (19 points)

Charts are exported from JForex (Dukascopy).

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HAAWKS Research

Hotter Core CPI Sends US500 Down 48 Ticks and Gold Down 19 Points

August U.S. inflation data delivered a hotter-than-expected core CPI reading, triggering an immediate hawkish repricing across equities, gold and interest-rate expectations.

September 11, 2026 • Release time: 8:30 a.m. ET • U.S. Consumer Price Index

The August 2026 U.S. Consumer Price Index delivered a mixed headline but a more important upside surprise in underlying inflation.

Headline CPI increased 0.4% month over month, in line with expectations, while the annual rate stood at 3.4%.

The more market-sensitive core measure increased 0.3% month over month, above the 0.2% consensus forecast. Core inflation was 2.4% year over year.

HAAWKS first read: the headline CPI result itself was not the key surprise. The immediate hawkish signal came primarily from the hotter 0.3% core CPI reading versus 0.2% expected. HAAWKS measured an initial 48-tick decline in US500 and 19-point decline in XAU/USD.

August CPI: Estimates vs. Actual

Headline CPI MoM +0.4% Expected: +0.4%

Headline CPI YoY 3.4% Expected: 3.4%

Core CPI MoM +0.3% Expected: +0.2%

Core CPI YoY 2.4% Expected: 2.4%

Inflation Measure	Consensus	Actual	HAAWKS News-Trader Read
Headline CPI MoM	+0.4%	+0.4%	Matched expectations and therefore provided little standalone surprise.
Headline CPI YoY	3.4%	3.4%	Annual headline inflation remained elevated.
Core CPI MoM	+0.2%	+0.3%	The key upside surprise and the most clearly hawkish element of the release.
Core CPI YoY	2.4%	2.4%	Matched expectations.

Immediate Market Reaction

HAAWKS tick-chart analysis captured an immediate downside reaction in both US500 and gold following the 8:30 a.m. ET inflation release.

US500 −48 Ticks Immediate release-window decline

XAU/USD −19 Points Immediate release-window decline

Market	Measured Move	Direction	News-Trader Interpretation
US500	48 ticks	Lower	The hotter core CPI increased expectations for tighter Federal Reserve policy, initially pressuring equities.
XAU/USD	19 points	Lower	Higher expected policy rates reduced the immediate appeal of non-yielding gold.

Why the Core CPI Number Mattered Most

For news traders, this release provides another example of why headline inflation cannot be read in isolation.

Headline CPI at 0.4% was in line with expectations. If that had been the only relevant data point, the inflation release would have contained relatively little immediate surprise.

Core CPI told a different story. Prices excluding food and energy rose 0.3% during August instead of the 0.2% economists had expected.

That difference strengthened the view that underlying inflation pressure remained persistent enough to influence Federal Reserve policy expectations.

HAAWKS view: the initial US500 and gold reaction was driven less by the headline CPI number, which broadly matched expectations, and more by the upside surprise in monthly core inflation and its implications for interest rates.

What Drove August Inflation?

CPI Component	August MoM	12-Month Change	HAAWKS Read-Through
All Items	+0.4%	+3.4%	Headline monthly inflation accelerated.
Core CPI	+0.3%	+2.4%	Monthly core inflation exceeded consensus.
Energy	+2.1%	+16.3%	Energy remained an important source of headline inflation pressure.
Gasoline	+3.9%	+27.4%	Gasoline accounted for more than one-third of the monthly increase in headline CPI.
Shelter	+0.3%	+3.0%	Shelter accelerated from the previous month.
Food	+0.1%	+2.7%	Food inflation remained comparatively moderate.
Services Less Energy Services	+0.3%	+3.0%	Continued services inflation remained relevant to the underlying inflation picture.

Gasoline Drove Part of the Headline Increase

Energy prices were an important contributor to August inflation. The energy index increased 2.1% during the month.

Gasoline prices increased 3.9% and accounted for more than one-third of the monthly increase in the all-items CPI. Over the previous 12 months, gasoline prices increased 27.4%.

Fuel oil also increased sharply during the month, while other energy components were less inflationary.

Underlying Inflation Was Broader Than Energy

The core inflation increase was distributed across several categories, reinforcing the importance of looking beyond volatile energy prices.

Shelter increased 0.3%, while several transportation and service categories also recorded price increases.

This combination helped explain why the monthly core figure exceeded expectations despite some categories continuing to show weaker price pressure.

The Federal Reserve Repricing

The CPI report arrived shortly before the September Federal Reserve policy decision, increasing its significance for rate-sensitive markets.

Recent employment data had already demonstrated stronger labor-market conditions. The hotter core CPI figure added another argument for maintaining tighter monetary policy.

Core CPI Beat Expectations

A 0.3% monthly increase compared with 0.2% expected was the clearest hawkish surprise in the report.

Energy Inflation Accelerated

Energy increased 2.1%, with gasoline up 3.9%, keeping headline inflation pressure elevated.

Shelter Increased 0.3%

Shelter remained an important component of underlying consumer inflation.

Policy Expectations Changed

The combination of stronger employment data and firmer core inflation reinforced expectations for restrictive monetary policy.

Immediate Reaction vs. the Rest of the Trading Session

News traders should distinguish the immediate release-window response from subsequent full-session market performance.

HAAWKS measured an initial 48-tick decline in US500 and a 19-point decline in XAU/USD around the CPI release.

Markets can subsequently retrace or reverse these initial moves as liquidity normalizes, traders reassess individual components and additional market information enters prices.

News-trader takeaway: release-window analysis measures the market's first response to new information. It should not be confused with the direction or size of the move over the entire trading session.

What This CPI Release Shows News Traders

Actual vs. Consensus Is the Primary Signal

Headline CPI at 0.4% carried limited surprise because it matched expectations. Core CPI at 0.3% mattered because the market had expected only 0.2%.

Headline and Core CPI Can Send Different Signals

A professional news-trading system should distinguish all-items CPI from the core measure. Each field can have a different surprise magnitude and a different effect on interest-rate expectations.

Component Data Adds Context

Gasoline, energy, shelter and service-price components help traders understand whether inflation pressure is concentrated in volatile categories or is becoming more broadly distributed.

Cross-Asset Confirmation Matters

The initial simultaneous declines in US500 and gold were consistent with a more hawkish interpretation of the inflation data.

Measured Movement Is Not Guaranteed Profit

The 48-tick US500 and 19-point XAU/USD moves represent measured historical price movement. Actual execution can differ materially due to latency, spreads, liquidity, slippage, order type and execution venue.

HAAWKS Conclusion

The August CPI report delivered a more nuanced result than the headline number alone suggested.

Headline CPI increased 0.4%, broadly matching market expectations, while annual inflation stood at 3.4%.

The key market-moving surprise was core CPI, which increased 0.3% month over month against expectations for 0.2%.

Energy also accelerated, with gasoline increasing 3.9%, while shelter prices rose 0.3%.

HAAWKS measured an immediate 48-tick decline in US500 and 19-point decline in XAU/USD following the release.

For professional news traders, the release demonstrates why receiving only the headline CPI figure is not enough. Headline CPI, core CPI, expectations and individual components need to be processed together to identify the actual surprise and understand the market's initial interpretation.

Trade smart. Stay informed. Stay ahead.

Built for Professional News Traders

HAAWKS G4A provides low-latency machine-readable data for U.S. macroeconomic and commodity releases, together with macroeconomic data from Norway, Sweden, Switzerland and Turkey, as well as ECB interest-rate decisions and statements.

All data is machine readable and available via API access in Chicago, New York and London. Free trials are available for qualified professionals.

Explore HAAWKS G4A Low-Latency Data

Sources

1. U.S. Bureau of Labor Statistics — Consumer Price Index, August 2026
   Official source for headline CPI, core CPI and detailed inflation components.
2. HAAWKS internal tick-chart analysis — September 11, 2026
   Source for the measured immediate release-window movements of 48 ticks in US500 and 19 points in XAU/USD.

Disclaimer: This material is provided for informational and educational purposes only and does not constitute financial advice, investment advice or a recommendation to buy or sell any financial instrument. The price movements described are historical measured market reactions and do not represent guaranteed or necessarily achievable trading profits. Tick and point values are instrument-specific measures and should not be treated as standardized financial returns. Actual trading results depend on data latency, processing latency, liquidity, spreads, slippage, order type, execution venue and risk management. Past market behavior is not indicative of future results.

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Built for traders who compete on speed. HAAWKS G4A delivers low-latency, machine-readable macroeconomic and commodity data via API infrastructure in Chicago, New York and London. Explore the feed, share your feedback, or contact us to request a free trial for financial institutions.

Greedy 4 Alpha

Low latency machine-readable macro-economic and commodity data for financial institutions

July 2026 NFP Shock: 23K Job Loss Triggers Sharp Moves in FX, Gold and US500

According to our analysis USDJPY moved 42 pips, EURUSD moved 19 pips, XAUUSD (spot gold) moved 17 points and US500 moved 56 ticks (117 ticks total) on US Employment Situation (Non-farm payrolls / NFP) data on 7 August 2026.

USDJPY (42 pips)

EURUSD (19 pips)

XAUUSD (17 points)

US500 (56 ticks)

Charts are exported from JForex (Dukascopy).

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HAAWKS Research

July 2026 NFP Shock: Payrolls Fall 23K as Markets Reprice the Fed

A surprise contraction in U.S. payrolls, weaker wage growth and another round of large downward revisions triggered rapid moves across FX, gold and U.S. equity indices.

August 7, 2026 • Release time: 8:30 a.m. ET • U.S. Employment Situation

The July 2026 U.S. Employment Situation delivered a significantly weaker labor-market signal than news traders had expected. Nonfarm payrolls declined by 23,000, compared with a Reuters consensus forecast for an 80,000 increase.

The unemployment rate fell from 4.2% to 4.1%, but the improvement in the headline rate came alongside another decline in labor force participation. The participation rate slipped to 61.4%, while the civilian labor force contracted by 264,000.

For news traders, the details behind the headline were arguably even more important. May and June payroll growth was revised lower by a combined 103,000 jobs, while annual average hourly earnings growth slowed to 3.2%.

HAAWKS first read: this was not simply a weak headline NFP print. The combination of a 103,000-job downside surprise versus consensus, substantial prior-month revisions, softer wage growth and weaker labor-force participation produced a distinctly dovish labor-market signal.

NFP Estimates vs. Actual Release

Nonfarm Payrolls −23K Reuters consensus: +80K

Unemployment Rate 4.1% Forecast: 4.2%

Wage Growth YoY 3.2% Forecast: 3.5%

Prior Revisions −103K May + June combined

July 2026 U.S. Employment Situation estimates compared with actual results

Labor Indicator	Expectation	Actual	HAAWKS News-Trader Read
Nonfarm Payrolls	+80K	−23K	A 103K downside surprise versus consensus and the primary negative headline for the dollar.
Unemployment Rate	4.2%	4.1%	Better on the surface, but less supportive once the decline in labor-force participation was taken into account.
Average Hourly Earnings YoY	3.5%	3.2%	Softer wage pressure reinforced the dovish interpretation of the employment report.
Labor Force Participation	—	61.4%	Participation edged down from 61.5%, helping explain why the unemployment rate fell despite weak employment conditions.
May Payroll Revision	Previous: +129K	+63K	Revised lower by 66K.
June Payroll Revision	Previous: +57K	+20K	Revised lower by 37K.

Immediate Market Reaction

The HAAWKS release-window measurements show how quickly the labor-market surprise was incorporated into prices. The initial response was consistent across the major macro markets: the U.S. dollar weakened, gold rallied and U.S. equities moved higher as traders reduced expectations for near-term Federal Reserve tightening.

USD/JPY −42.1 pips 16 seconds

EUR/USD +19.4 pips 12 seconds

XAU/USD +17.96 points 11 seconds

US500 +14.6 points 18 seconds

Immediate market reaction following the July 2026 NFP release

Market	Measured Move	Time Window	Direction	News-Trader Interpretation
USD/JPY	42.1 pips	16 seconds	Lower	The strongest measured FX reaction as the weak employment figures triggered rapid dollar selling against the yen.
EUR/USD	19.4 pips	12 seconds	Higher	Broad dollar weakness pushed the euro higher immediately after the release.
XAU/USD	17.96 points	11 seconds	Higher	Gold reacted quickly to lower yields, dollar weakness and a reduction in expected Federal Reserve tightening.
US500	14.6 index points	18 seconds	Higher	Equity traders initially focused on the lower-rate implications of the employment miss rather than the negative growth signal.

Why This Release Mattered to News Traders

1. The Headline Surprise Was Large

Payrolls were expected to rise by 80,000 but instead declined by 23,000. For automated and discretionary news traders, the 103,000-job gap versus consensus immediately changed the macro interpretation of the release.

2. Revisions Reinforced the Signal

May and June were revised down by a combined 103,000 jobs. That mattered because the release did not just report a weak July; it also showed that the preceding labor-market picture had been weaker than initially reported.

3. Unemployment Sent a Mixed Message

A fall in unemployment to 4.1% would ordinarily be interpreted as labor-market strength. However, the labor force shrank and participation slipped to 61.4%, reducing the positive impact of the headline unemployment rate.

4. Wage Growth Also Missed

Annual average hourly earnings growth slowed to 3.2% versus the 3.5% rate economists had expected. For rate-sensitive markets, softer wages added another dovish element to an already weak payroll report.

HAAWKS view: for news traders, this was a release where the components largely pointed in the same direction. The headline payroll miss, negative revisions and softer wage growth outweighed the lower unemployment rate. The result was a fast cross-asset repricing: USD lower, gold higher and equities higher.

Sector Detail: Where the Jobs Were Lost

The weakness was not evenly distributed across the economy. Local government education employment declined by 50,000, while retail trade lost 19,000 jobs. Financial activities employment continued to trend lower, falling by 14,000.

Health care remained one of the few areas of continued employment growth, adding 22,000 jobs during July, although that was slower than its average monthly gain over the previous year.

Selected July 2026 employment changes by industry

Industry	July Change	HAAWKS Read-through
Local Government Education	−50K	The largest highlighted sector decline in the July report.
Retail Trade	−19K	Added to the evidence of weaker overall hiring momentum.
Financial Activities	−14K	Continued an existing downward employment trend.
Health Care	+22K	Continued to add jobs, but at a slower pace than its prior 12-month average.

The Fed Repricing

Before the release, markets were debating whether persistent inflation could lead the Federal Reserve to raise rates at its September meeting. The unexpectedly weak jobs report materially reduced that probability.

That shift helps explain why assets that normally benefit from lower interest-rate expectations reacted so quickly. Treasury yields fell, the U.S. dollar weakened, gold advanced and U.S. stock futures initially rallied.

For news traders, the key point is that the market was not trading the payroll number in isolation. It was trading how the employment surprise changed the expected path of monetary policy.

News Trading Takeaways

Headline Data Is Only the First Layer

A fast NFP strategy must be able to process more than the payroll headline. Unemployment, wage growth and revisions can either confirm or contradict the initial signal.

Revisions Can Be Market-Moving

The 103,000 combined downward revision to May and June strengthened the bearish labor-market message. In some releases, prior-period revisions can matter as much as the current month's number.

Cross-Asset Confirmation Matters

USD/JPY lower, EUR/USD higher, gold higher and US500 higher represented a coherent initial macro reaction. When several rate-sensitive markets respond in the same direction, news traders receive useful confirmation of the market's interpretation.

Execution Risk Remains Critical

A measured market move is not the same as an achievable trading result. During high-impact releases, spreads can widen, liquidity can disappear, prices can gap and slippage can increase. Latency, order type, venue and risk controls remain critical to actual execution.

HAAWKS Conclusion

The July 2026 NFP release delivered a much weaker labor-market picture than traders had expected.

Nonfarm payrolls declined by 23,000 versus expectations for an 80,000 increase. May and June were revised down by another 103,000 jobs, while annual wage growth slowed to 3.2%.

Although unemployment fell to 4.1%, declining labor-force participation reduced the strength of that signal. The broader message from the report was therefore clearly softer than the headline unemployment rate alone suggested.

The immediate market reaction reflected that interpretation. HAAWKS measured 42.1 pips in USD/JPY in 16 seconds, 19.4 pips in EUR/USD in 12 seconds, 17.96 points in XAU/USD in 11 seconds and 14.6 index points in US500 in 18 seconds.

For news traders, the release is a useful example of why low-latency access to the complete data set matters. The payroll headline, unemployment rate, wage figures and revisions all arrived together and collectively determined the market's interpretation within seconds.

Trade smart. Stay informed. Stay ahead.

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Sources

1. U.S. Bureau of Labor Statistics — Employment Situation, July 2026
   Official source for nonfarm payrolls, unemployment, labor-force participation, earnings, industry employment and prior-month revisions.
2. Reuters — U.S. job growth expected to pick up in July
   Used for the pre-release economist consensus of +80K payrolls, 4.2% unemployment and 3.5% annual wage growth.
3. Reuters — U.S. suffers unexpected job losses in July
   Used for post-release labor-market and financial-market context.
4. Reuters — Dollar drops after weak U.S. jobs data
   Used for broader FX and gold-market reaction following the report.
5. Reuters — Markets reduce odds of September Fed rate hike
   Used for the post-NFP monetary-policy repricing.
6. HAAWKS internal tick-chart analysis — August 7, 2026
   Used for the measured release-window reactions in USD/JPY, EUR/USD, XAU/USD and US500.

Disclaimer: This material is provided for informational and educational purposes only. It does not constitute financial advice, investment advice or a recommendation to buy or sell any financial instrument. The market moves described above are historical measured price reactions and do not represent guaranteed or necessarily achievable profits. Actual execution depends on latency, liquidity, spreads, slippage, order type, venue and risk management. Past market behavior is not indicative of future results.

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June 2026 CPI: Cooler Inflation Sends the Dollar Lower and Risk Assets Higher

According to our analysis USDJPY moved 21 pips, EURUSD moved 17 pips, US500 moved 76 ticks and XAUUSD 34 points on US BLS Consumer Price Index (CPI) data on 14 July 2026.

USDJPY (21 pips)

EURUSD (17 pips)

US500 (76 ticks)

XAUUSD (34 points)

Charts are exported from JForex (Dukascopy).

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HAAWKS Research

June 2026 CPI: Inflation Cools Faster Than Expected

A sharp decline in energy prices and an unexpectedly soft core reading triggered immediate moves across currencies, gold and U.S. equities.

July 14, 2026 • Release time: 8:30 a.m. ET • Consumer Price Index

The June 2026 U.S. Consumer Price Index delivered a clear downside inflation surprise. Headline CPI declined 0.4% month over month, while annual inflation slowed to 3.5%. Core CPI, which excludes food and energy, was unchanged during the month and slowed to 2.6% year over year.

The report was softer than economists had expected at both the headline and core levels. Markets responded by selling the U.S. dollar and moving into rate-sensitive assets, including gold and U.S. equities.

HAAWKS first read: The release reduced immediate inflation anxiety, but the details require balance. Falling energy prices drove much of the headline decline, while the unchanged core reading showed that underlying inflation also cooled during June.

CPI Estimates vs. Actual Release

Headline CPI MoM −0.4% Forecast: −0.1%

Headline CPI YoY 3.5% Forecast: 3.8%

Core CPI MoM 0.0% Forecast: +0.2%

Core CPI YoY 2.6% Forecast: 2.8%

June 2026 CPI estimates compared with actual results

Inflation Indicator	Estimate	Actual	HAAWKS Read-through
Headline CPI MoM	−0.1%	−0.4%	A materially softer monthly reading, driven primarily by lower energy prices.
Headline CPI YoY	3.8%	3.5%	Annual inflation slowed more quickly than markets expected.
Core CPI MoM	+0.2%	0.0%	The unchanged core index was an important downside surprise.
Core CPI YoY	2.8%	2.6%	Underlying annual inflation continued moving toward a more moderate pace.

What Drove the Inflation Decline?

Energy was the largest contributor to the monthly decline. The energy index fell 5.7%, while gasoline prices dropped 9.7%. Those declines more than offset increases in food and shelter.

Food prices increased 0.2% during June, while shelter rose only 0.1%—its smallest monthly increase since January 2021. Motor vehicle insurance, communication, apparel, medical care and used vehicle prices also declined.

Key components of the June 2026 Consumer Price Index

CPI Component	Monthly Change	Annual Change	Interpretation
All Items	−0.4%	+3.5%	The largest monthly headline decline since April 2020.
Core CPI	0.0%	+2.6%	Underlying price pressures were unchanged during the month.
Energy	−5.7%	+15.7%	The largest contributor to the monthly CPI decline.
Gasoline	−9.7%	+26.7%	A sharp monthly reversal, although prices remained elevated compared with a year earlier.
Shelter	+0.1%	+3.3%	The smallest monthly shelter increase since January 2021.
Food	+0.2%	+3.0%	Food inflation remained positive but relatively contained.

Market Impact at a Glance

HAAWKS tick charts captured the initial release-window moves immediately following the 8:30 a.m. ET CPI announcement.

Market impact following the June 2026 CPI release

Market	Measured Move	Initial Direction	HAAWKS Interpretation
USD/JPY	21 pips	Lower	The dollar weakened against the yen as traders reduced the probability of near-term Federal Reserve tightening.
EUR/USD	17 pips	Higher	The euro advanced as the softer inflation reading pressured the broader U.S. dollar.
US500	76 ticks	Higher	Equities rallied as the inflation surprise reduced immediate concerns about restrictive monetary policy.
XAU/USD	34 points	Higher	Gold benefited from a weaker dollar and lower expectations for near-term interest-rate increases.

Cross-Asset Market Reading

Foreign Exchange

The immediate FX response was a weaker U.S. dollar. USD/JPY moved lower, while EUR/USD moved higher. This was consistent with markets reducing expectations that the Federal Reserve would need to tighten policy in the immediate future.

Gold

Gold produced one of the strongest reactions. Softer inflation generally supports non-yielding assets when it lowers Treasury yields and weakens the dollar. The HAAWKS measurement recorded a 34-point release-window advance.

U.S. Equities

The US500 initially gained 76 ticks. The market interpreted the report as supportive for valuations because inflation cooled without the release itself presenting a direct signal of collapsing economic demand.

HAAWKS view: The release created a broadly dovish cross-asset response—USD lower, gold higher and equities higher. The core CPI miss strengthened the move because the moderation was not limited entirely to volatile energy prices.

What the CPI Report Means for the Fed

The June figures gave policymakers additional breathing room. Headline inflation remained above the Federal Reserve’s longer-term objective, but both headline and core CPI came in below expectations.

The report does not eliminate future inflation risk. Much of the headline decline reflected lower gasoline and energy prices, which can reverse quickly. Renewed pressure on oil markets could therefore make upcoming inflation reports less favorable.

For traders, the key question is whether the softer core readings continue. A sustained moderation in shelter and services inflation would provide a stronger signal than a single energy-driven monthly decline.

HAAWKS Conclusion

The June CPI release was decisively softer than expected. Headline prices fell 0.4%, core prices were unchanged and both annual measures undershot consensus forecasts.

Markets reacted in a clear and coordinated manner: the dollar weakened, gold advanced and the US500 rallied. The HAAWKS measurements recorded 21 pips in USD/JPY, 17 pips in EUR/USD, 76 ticks in the US500 and 34 points in XAU/USD.

The report offered short-term relief from inflation concerns, but it should not be viewed as an all-clear signal. Energy volatility remains a material risk, and annual headline inflation was still elevated.

The central message is therefore one of moderation rather than victory: inflation cooled faster than expected, underlying pressure eased and markets rapidly repriced the near-term policy outlook.

Trade smart. Stay informed. Stay ahead.

Sources

1. U.S. Bureau of Labor Statistics — Consumer Price Index, June 2026 . Official CPI figures, component data and release details.
2. Reuters — U.S. consumer inflation preview and economist consensus
   Used for the pre-release market estimates for headline and core consumer inflation.
3. Reuters — Traders reduce expectations for a July Fed rate increase
   Used for market-implied Federal Reserve policy expectations following the report.
4. HAAWKS internal tick-chart screenshots captured on July 14, 2026. Used for the measured release-window moves in USD/JPY, EUR/USD, US500 and XAU/USD.

Disclaimer: This material is provided for informational and educational purposes only. It does not constitute financial advice, investment advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and past market behavior is not indicative of future results.

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Start futures forex fx news trading with Haawks G4A low latency machine-readable data, one of the fastest machine-readable news trading feed for US macro-economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

June 2026 NFP: Softer Payroll Growth Triggers Sharp Moves Across FX, Gold and US500 on US Employment Situation (NFP)

According to our analysis USDJPY moved 37 pips, EURUSD moved 25 pips, XAUUSD (spot gold) moved 43 points and US500 moved 56 ticks (118 ticks total) on US Employment Situation (Non-farm payrolls / NFP) data on 2 July 2026.

USDJPY (37 pips)

EURUSD (25 pips)

XAUUSD (43 points)

US500 (56 ticks)

Charts are exported from JForex (Dukascopy).

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June 2026 NFP: Softer Jobs, Stable Wages, Sharp Market Reaction

HAAWKS Research | July 2, 2026

The June 2026 U.S. Nonfarm Payrolls release delivered a classic “soft but not broken” labor-market signal. Payroll growth slowed materially, but unemployment remained low and wage growth stayed contained. For markets, that combination was enough to trigger immediate volatility across FX, gold, and equity index futures.

The Bureau of Labor Statistics reported that total nonfarm payroll employment rose by 57,000 in June, while the unemployment rate stood at 4.2%. Average hourly earnings increased 0.3% month over month and 3.5% year over year. The prior two months were also revised lower by a combined 74,000 jobs, with April revised to +148,000 and May revised to +129,000.

Research Estimates vs. Actual Release

Ahead of the release, market expectations were for a stronger labor print. Consensus estimates pointed to nonfarm payrolls rising by roughly 110,000, unemployment near 4.3%, and average hourly earnings increasing 0.3% month over month.

The actual release came in softer on headline job creation, but broadly stable on unemployment and wages.

Indicator	Estimate	Actual	HAAWKS Read-through
Nonfarm Payrolls	+110K	+57K	Clear downside miss. Headline job creation came in softer than expected.
Unemployment Rate	4.3%	4.2%	Better than expected, though the participation-rate decline softened the signal.
Average Hourly Earnings MoM	+0.3%	+0.3%	In line. Wage growth remained contained.
Average Hourly Earnings YoY	+3.5%	+3.5%	In line. No upside wage shock.
Prior-Month Revisions	—	-74K	April and May were revised lower, pointing to softer labor momentum than previously reported.

The headline payroll miss was the main surprise. However, wage growth did not accelerate, unemployment remained low, and the report avoided the kind of broad deterioration that would suggest an immediate labor-market break.

Market Impact: HAAWKS Tick-Chart Reaction

The HAAWKS market-impact screenshots captured the immediate release-window volatility:

Market	Measured Impact	Direction	HAAWKS Interpretation
USD/JPY	37 pips	Lower	The U.S. dollar sold off sharply against the yen after the softer payroll print.
EUR/USD	25 pips	Higher	The euro rallied as dollar weakness spread across major FX pairs.
XAU/USD	43 points	Higher	Gold rallied as traders repriced rate expectations following the weaker jobs number.
US500	56 ticks	Higher	Equities initially caught a bid as slower job growth supported the soft-landing narrative.

The market reaction was consistent with a softer-than-expected labor report. The U.S. dollar weakened, gold rallied, and equities reacted positively to the possibility that slower job growth could reduce pressure on the Federal Reserve to keep policy restrictive for longer.

Sector Detail: Slower Hiring, Not a Full Breakdown

The report showed continued job gains in professional and business services, social assistance, and health care, while leisure and hospitality lost 61,000 jobs. That divergence matters. It suggests the labor market is not uniformly weak, but momentum is becoming narrower.

The downward revisions were also important. A one-month payroll miss can be dismissed as noise; a miss combined with negative revisions tells a more cautious story. The labor market still appears functional, but the pace of hiring is clearly cooling.

HAAWKS Conclusion

The June NFP release was not a recession signal, but it was a warning that the labor market is losing speed.

For traders, the key takeaway was not simply that payrolls missed. It was the combination of:

Soft job creation, stable wages, lower unemployment, and negative revisions.

That mix created a “Goldilocks” reaction in markets: weak enough to pressure the dollar and support rate-sensitive assets, but not weak enough to trigger immediate risk-off panic.

Asset Class	Reaction	Why It Moved	Trading Takeaway
FX	Dollar weaker	The headline payroll miss reduced near-term support for the U.S. dollar.	USD vulnerability remained the cleanest immediate signal.
Gold	Gold stronger	Softer labor data supported lower-rate sensitivity and demand for precious metals.	XAU/USD remained supported while rate-cut expectations held firm.
Equities	Risk initially bid	Stable wages and softer hiring helped support the soft-landing view.	US500 strength reflected relief rather than a broad growth acceleration signal.
Rates Narrative	Dovish lean	The report was soft enough to support easing expectations, but not weak enough to trigger panic.	The market reaction fit a classic “Goldilocks” setup.

The HAAWKS read:

USD vulnerability remains the cleanest short-term signal, while gold and equity indices may continue to benefit if incoming data supports the view that inflation pressure is easing without a sharp employment shock.

Final Takeaway

The June 2026 NFP report reinforced a market theme that traders cannot ignore:

Labor momentum is cooling, wage pressure is stable, and markets are increasingly sensitive to every data point that affects the Fed path.

For HAAWKS traders, the opportunity is not just in the headline number. It is in understanding how that number moves liquidity, volatility, and cross-asset positioning in real time.

Trade smart. Stay informed. Stay ahead.

Disclaimer: This blog post is for informational purposes only and should not be construed as financial advice. Always conduct thorough research and consider seeking advice from a financial professional before making any investment decisions.

Sources

1. U.S. Bureau of Labor Statistics — Employment Situation Summary, June 2026
   Used for the official NFP release figures, including +57K nonfarm payrolls, 4.2% unemployment, +0.3% monthly wage growth, +3.5% annual wage growth, labor-force participation, sector detail, and prior-month revisions.
2. Reuters — U.S. job growth likely cooled in June after recent string of big gains
   Used for pre-release market expectations, including the +110K nonfarm payroll estimate and 4.3% unemployment forecast.
3. Reuters — Nasdaq, S&P 500 decline with tech; investors assess softer jobs data
   Used for equity-market context following the softer-than-expected jobs report.
4. Reuters — Dollar slides after soft jobs report, yen surges
   Used for U.S. dollar and yen market reaction after the NFP release.
5. Reuters — Gold gains after weak U.S. payrolls report
   Used for gold-market reaction and rate-expectation context after the payroll miss.
6. HAAWKS internal tick-chart screenshots, captured July 2, 2026.
   Used for measured release-window market impact: USD/JPY 37 pips, EUR/USD 25 pips, XAU/USD 43 points, and US500 56 ticks.

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Start forex fx futures news trading with Haawks G4A low latency machine-readable data today, one of the fastest news data feeds for US macro-economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

XAUUSD 16 points, US500 31 points potential profit in 24 seconds on 6 March 2026, analysis on forex fx futures news trading XAUUSD (spot gold) and US500 on US Employment Situation (NFP)

According to our analysis XAUUSD (spot gold) moved 16 points and US500 moved 31 points on US Employment Situation (Non-farm payrolls / NFP) data on 6 March 2026.

XAUUSD (16 points)

US500 (31 points)

Charts are exported from JForex (Dukascopy).

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U.S. Jobs Report – February 2026: Payrolls Slip While Unemployment Holds Steady

The U.S. labor market showed signs of cooling in February 2026, according to the latest Employment Situation report from the Bureau of Labor Statistics (BLS). While the unemployment rate remained relatively stable, total nonfarm payroll employment declined slightly, highlighting a labor market that is still resilient but facing pockets of weakness across certain industries.

Payroll Employment Declines Slightly

Total nonfarm payroll employment fell by 92,000 jobs in February, reversing part of January’s gain of 126,000 jobs. The drop was largely influenced by job losses in specific sectors, particularly health care, information, and federal government employment.

Despite the monthly decline, the broader labor market picture remains mixed rather than sharply negative. Job growth throughout 2025 had already slowed considerably, and February’s figures suggest a continuation of that gradual moderation.

Unemployment Rate Holds at 4.4%

The unemployment rate remained unchanged at 4.4%, with approximately 7.6 million people unemployed in February. Across demographic groups—including adult men, adult women, teenagers, and major racial and ethnic categories—unemployment rates showed little change during the month.

However, one area of concern is long-term unemployment. The number of individuals unemployed for 27 weeks or longer reached 1.9 million, up from 1.5 million a year ago. Long-term unemployed workers now account for 25.3% of all unemployed people.

Labor Force Participation Remains Flat

Labor force participation and employment ratios also showed minimal movement:

• Labor force participation rate: 62.0%

• Employment-population ratio: 59.3%

Both measures have remained relatively stable over the past year. However, new population estimates from the U.S. Census Bureau affected the underlying data, particularly due to demographic shifts such as fewer men aged 25–54 and more women aged 65 and older—groups that historically participate in the workforce at different rates.

Sector Breakdown: Where Jobs Were Lost and Gained

Several industries experienced notable changes in February:

Health Care
Employment declined by 28,000 jobs, largely due to strike activity affecting physicians’ offices, which lost 37,000 jobs. Hospitals, however, added 12,000 positions.

Information Sector
The information industry continued its downward trend, shedding 11,000 jobs in February and averaging monthly losses over the past year.

Federal Government
Federal employment fell by 10,000 jobs. Since October 2024, federal employment has declined by 330,000 positions, representing an 11% drop.

Social Assistance
One of the few areas of consistent growth, social assistance added 9,000 jobs, primarily in individual and family services.

Transportation and Warehousing
Employment was mostly unchanged overall but saw losses in courier and messenger services, partially offset by gains in air transportation.

Wage Growth Continues

Despite softer employment numbers, wage growth remained solid.

• Average hourly earnings: $37.32 (up $0.15 in February)

• Year-over-year wage growth: 3.8%

Production and nonsupervisory employees saw earnings rise to $32.03 per hour, reflecting steady—though not accelerating—income growth for workers.

Workweek and Hours

The average workweek remained stable:

• All private employees: 34.3 hours

• Manufacturing: 40.1 hours (slightly lower)

• Overtime in manufacturing: 3.0 hours

Stable hours suggest that employers are maintaining current staffing levels rather than significantly expanding or cutting back.

Data Revisions

The BLS also revised previous job numbers:

• December 2025: Revised from +48,000 to –17,000

• January 2026: Revised from +130,000 to +126,000

These revisions mean employment for those two months combined is 69,000 lower than previously reported.

Population Data Adjustments

February’s report also incorporated updated population estimates based on the 2020 Census. These revisions affected measures like labor force participation but did not change the unemployment rate.

The updated data indicates:

• A decline in the number of men aged 25–54

• An increase in women aged 65 and older

• Changes in the racial composition of the population, including increases in Asian and multiracial populations

These demographic shifts slightly lowered overall labor force participation estimates.

What It Means for the Economy

February’s employment report paints a picture of a labor market that is stable but slowing. Unemployment remains low by historical standards, and wages continue to rise. However, job growth is weakening, certain industries are contracting, and long-term unemployment is creeping upward.

Economists will be watching closely to see whether February’s job losses represent temporary disruptions—such as strike activity—or the beginning of a more pronounced labor market slowdown.

The next Employment Situation report, covering March 2026, will be released on April 3, 2026.

Disclaimer: This blog post is for informational purposes only and should not be construed as financial advice. Always conduct thorough research and consider seeking advice from a financial professional before making any investment decisions.

Source: https://www.bls.gov/news.release/empsit.nr0.htm

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Start forex fx futures news trading with Haawks G4A low latency machine-readable data today, one of the fastest news data feeds for US macro-economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

16 pips, US500 12 points points potential profit in 31 seconds on 13 February 2026, analysis on futures forex fx low latency news trading USDJPY, EURUSD and US500 on US Consumer Price Index (CPI)

According to our analysis USDJPY and EURUSD moved 16 pips and US500 moved 12 points on US BLS Consumer Price Index (CPI) data on 13 February 2026.

USDJPY (11 pips)

EURUSD (5 pips)

US500 (12 points)

Charts are exported from JForex (Dukascopy).

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Inflation Cools Further in January 2026 as Energy Prices Fall

The latest data from the U.S. Bureau of Labor Statistics show that inflation continued to moderate in January 2026, with overall price growth easing on both a monthly and annual basis.

Headline Inflation: Modest Monthly Increase

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent in January (seasonally adjusted). Over the past 12 months, prices increased 2.4 percent, down from 2.7 percent in December.

This marks continued progress toward price stability, with year-over-year inflation now firmly in the mid-2 percent range.

What Drove January’s Increase?

Several categories contributed to the monthly increase:

• Shelter: +0.2%

• Food: +0.2%

• Core inflation (all items less food and energy): +0.3%

However, falling energy prices helped offset some of the upward pressure.

Energy Prices: A Key Relief Factor

Energy prices declined 1.5 percent in January, providing a notable offset to increases elsewhere.

• Gasoline: −3.2% (−7.5% over the past year)

• Electricity: −0.1% (but +6.3% over the past year)

• Natural gas: +1.0% (+9.8% over the past year)

Over the last 12 months, overall energy prices are down 0.1 percent, largely due to the steep annual decline in gasoline.

Food Prices: Gradual but Persistent Growth

Food prices increased 0.2 percent in January.

Grocery Prices (Food at Home): +0.2%

Five of six major grocery categories rose:

• Cereals and bakery products: +1.2%

• Dairy products: +0.8%

• Meats, poultry, fish, and eggs: +0.2%

• Fruits and vegetables: +0.1%

• Nonalcoholic beverages: +0.1%

On a 12-month basis, grocery prices are up 2.1 percent.

Dining Out (Food Away from Home): +0.1%

Restaurant prices rose more modestly in January but are still up 4.0 percent over the past year, with:

• Full service meals: +4.7%

• Limited service meals: +3.2%

Restaurant inflation continues to outpace grocery inflation.

Core Inflation: Services Still Firm

Core CPI (excluding food and energy) rose 0.3 percent in January and is up 2.5 percent year-over-year.

Key contributors:

Shelter

• +0.2% in January

• +3.0% over the past year

Owners’ equivalent rent and rent both rose 0.2% for the month.

Transportation Services

• +1.4% in January

• Airline fares surged 6.5% for the month.

Medical Care

• +0.3% in January

• +3.9% over the past year

• Hospital services: +0.9% in January

Used Cars

• −1.8% in January

• −2.0% over the past year

Vehicle prices continue to normalize after earlier volatility.

Big Picture: Inflation Is Cooling, But Not Gone

Here’s where inflation stands:

Category12-Month ChangeAll Items2.4%Core (less food & energy)2.5%Food2.9%Energy−0.1%Shelter3.0%

The overall trend shows:

• Energy prices helping moderate inflation.

• Core services (especially shelter and medical care) continuing to rise.

• Restaurant inflation remaining elevated.

• Goods prices (like used vehicles) generally softening.

Additional Notes

• The CPI index level now stands at 325.252 (1982–84 = 100).

• CPI-W (Urban Wage Earners and Clerical Workers) rose 2.2% year-over-year.

• The Chained CPI (C-CPI-U) increased 2.2% year-over-year.

• October and November 2025 data were unavailable due to the 2025 lapse in appropriations.

• Seasonal adjustment factors were revised, affecting data back five years.

What to Watch Next

The February 2026 CPI report will be released on March 11, 2026.

Markets and policymakers will be watching closely to see:

• Whether energy continues to ease pressure,

• If shelter inflation continues to moderate,

• And whether core services remain sticky.

For now, January’s data suggest inflation is gradually stabilizing, though certain categories—particularly services—remain areas of persistent upward pressure.

Disclaimer: This blog post is for informational purposes only and should not be construed as financial advice. Always conduct thorough research and consider seeking advice from a financial professional before making any investment decisions.

Source: https://www.bls.gov/news.release/cpi.nr0.htm

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Start futures forex fx news trading with Haawks G4A low latency machine-readable data, one of the fastest machine-readable news trading feed for US macro-economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.

60 pips potential profit in 31 seconds on 11 February 2026, analysis on forex fx futures news trading USDJPY and EURUSD on US Employment Situation (NFP)

According to our analysis USDJPY and EURUSD moved 60 pips on US Employment Situation (Non-farm payrolls / NFP) data on 11 February 2026.

USDJPY (36 pips)

EURUSD (24 pips)

Charts are exported from JForex (Dukascopy).

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U.S. Jobs Report – January 2026

Payrolls Rise by 130,000; Unemployment Rate Steady at 4.3%

The latest Employment Situation report from the U.S. Bureau of Labor Statistics shows a modest start to 2026. In January, total nonfarm payroll employment increased by 130,000 jobs, while the unemployment rate held steady at 4.3%.

Here’s what the numbers reveal about the current state of the labor market.

The Big Picture

• 130,000 jobs added in January

• Unemployment rate: 4.3% (unchanged)

• Average hourly earnings: Up 0.4% to $37.17

• Year-over-year wage growth: 3.7%

• Labor force participation rate: 62.5% (little change)

While job growth continues, it remains moderate compared with historical expansion periods. The unemployment rate is slightly higher than a year ago (4.0% in January 2025), suggesting some cooling compared to last year.

Where Jobs Are Growing

Health Care Leads

Health care added 82,000 jobs in January:

• +50,000 in ambulatory health care services

• +18,000 in hospitals

• +13,000 in nursing and residential care facilities

Health care averaged 33,000 jobs per month in 2025, making January’s increase notably strong.

Social Assistance Expands

Employment in social assistance rose by 42,000 jobs, primarily in individual and family services, reflecting continued demand for community-based support services.

Construction Rebounds

Construction added 33,000 jobs, largely in nonresidential specialty trade contractors (+25,000). After being essentially flat in 2025, the sector showed renewed momentum in January.

Sectors Losing Jobs

Not all industries expanded:

• Federal government employment declined by 34,000, continuing a downward trend that began after a peak in October 2024. Since then, federal payrolls are down 327,000 jobs (−10.9%).

• Financial activities fell by 22,000 jobs, including losses in insurance carriers.

These declines partially offset gains in health care and construction.

Household Survey Highlights

The household survey shows a largely stable labor market:

• 7.4 million unemployed Americans

• Long-term unemployed (27+ weeks): 1.8 million

• Long-term unemployed account for 25% of all unemployed

Teen unemployment declined to 13.6%, while unemployment rates for adult men (3.8%), adult women (4.0%), and major racial and ethnic groups were largely unchanged.

The number of people working part time for economic reasons fell by 453,000 in January, though it remains higher than a year ago.

Wages and Hours

Wage growth remains steady:

• Average hourly earnings: $37.17

• Up 15 cents (0.4%) in January

• Up 3.7% over the past year

For production and nonsupervisory workers:

• $31.95 per hour

• Also up 0.4% over the month

The average workweek edged up to 34.3 hours, suggesting stable labor demand.

Revisions and Benchmarking

The January release includes annual benchmark revisions:

• March 2025 total nonfarm employment was revised down by 898,000 (seasonally adjusted).

• 2025 job growth was revised from +584,000 to +181,000.

These revisions reflect updated payroll data from unemployment insurance records and improved seasonal adjustments — a standard statistical process designed to enhance accuracy.

Weather Impact?

Major winter storms affected large parts of the country in January. According to the BLS, they had no discernible impact on national payroll employment or unemployment rates, though survey response rates were slightly below average.

What This Means

January’s report shows:

• Continued but moderate job growth

• Stable unemployment

• Solid wage gains

• Sector-specific strength in health care and services

• Ongoing weakness in federal government and financial activities

Overall, the labor market remains resilient but is expanding at a measured pace. The next Employment Situation report, due in early March, will provide further insight into whether this steady trend continues.

Disclaimer: This blog post is for informational purposes only and should not be construed as financial advice. Always conduct thorough research and consider seeking advice from a financial professional before making any investment decisions.

Source: https://www.bls.gov/news.release/empsit.nr0.htm

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5 pips, US500 13 points, BTC 177 points potential profit in 62 seconds on 13 January 2026, analysis on futures forex fx low latency news trading EURUSD, US500 and BTC on US CPI

According to our analysis EURUSD moved 5 pips, US500 moved 13 points and BTC moved 177 points on US BLS Consumer Price Index (CPI) data on 13 January 2026.

EURUSD (5 pips)

US500 (13 points)

BTC (177 points)

Charts are exported from JForex (Dukascopy).

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Inflation Ends 2025 Steady: What the December CPI Report Tells Us

The latest Consumer Price Index (CPI) report from the U.S. Bureau of Labor Statistics offers a clear snapshot of how inflation wrapped up 2025—and what it means for households heading into the new year.

Released on January 13, 2026, the report shows that inflation remains moderate but persistent, with price pressures still concentrated in essentials like housing, food, and certain services.

Headline Numbers at a Glance

• Monthly CPI (December 2025): +0.3% (seasonally adjusted)

• 12-month inflation rate: 2.7%, unchanged from November

• Core inflation (excluding food & energy): 2.6% year over year

These figures suggest inflation is no longer accelerating, but it also hasn’t fully cooled back to pre-pandemic norms.

Housing: Still the Biggest Driver

Shelter costs were once again the largest contributor to December’s increase:

• Shelter index: +0.4% in December

• 12-month shelter inflation: +3.2%

Rent and owners’ equivalent rent both rose, while lodging away from home jumped sharply (+2.9% for the month). Housing remains the stickiest part of inflation—and the hardest for consumers to avoid.

Food Prices Pick Up Speed

Food prices rose faster than overall inflation in December:

• Food (overall): +0.7% in December

• Food at home: +2.4% year over year

• Food away from home: +4.1% year over year

Notable details:

• Grocery staples like dairy, cereals, fruits, and vegetables all increased.

• Egg prices fell sharply (-8.2%), offering rare relief.

• Restaurant prices continue to climb, especially for full-service meals.

For many households, food remains one of the most noticeable inflation pressures.

Energy: Mixed Signals

Energy prices edged higher overall, but the details matter:

• Energy index: +0.3% in December, +2.3% over the year

• Gasoline: -0.5% in December, -3.4% year over year

• Electricity: +6.7% year over year

• Natural gas: +10.8% year over year

Drivers benefited from cheaper gasoline, but utility bills—especially heating—continued to rise.

Services Inflation Remains Firm

Core services showed broad-based increases:

• Medical care: +0.4% in December, +3.2% year over year

• Recreation: +1.2% in December (largest monthly jump on record)

• Airline fares: +5.2% in December

• Personal care & education: continued steady increases

On the flip side:

• Used cars and trucks: -1.1% in December

• Communication services: -1.9%

What This Means for 2026

As 2025 closed:

• Inflation appears stable, not surging—but not fully subdued.

• Housing and services remain the key inflation risks.

• Goods inflation (like vehicles and gasoline) continues to ease.

With the January 2026 CPI report scheduled for February 11, 2026, policymakers and consumers alike will be watching closely to see whether inflation finally drifts closer to the Federal Reserve’s long-term comfort zone.

Bottom Line

Inflation ended 2025 steady but uneven. While energy and goods offered some relief, everyday essentials—housing, food, and services—kept upward pressure on household budgets. The battle against inflation isn’t over, but it’s no longer spiraling out of control either.

Disclaimer: This blog post is for informational purposes only and should not be construed as financial advice. Always conduct thorough research and consider seeking advice from a financial professional before making any investment decisions.

Source: https://www.bls.gov/news.release/cpi.nr0.htm

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Start futures forex fx news trading with Haawks G4A low latency machine-readable data, one of the fastest machine-readable news trading feed for US macro-economic and commodity data.

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68 pips and BTC 306 points potential profit in 17 seconds on 5 September 2025, analysis on forex fx futures news trading USDJPY, EURUSD and BTC on US Employment Situation (NFP)

According to our analysis USDJPY and EURUSD moved 68 pips and BTC moved 306 points on US Employment Situation (Non-farm payrolls / NFP) data on 5 September 2025.

USDJPY (42 pips)

EURUSD (26 pips)

BTC (306 points)

Charts are exported from JForex (Dukascopy).

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U.S. Jobs Report: August 2025 Employment Situation

The U.S. labor market showed little momentum in August 2025, according to the latest report from the Bureau of Labor Statistics (BLS). Nonfarm payroll employment edged up by just 22,000 jobs, while the unemployment rate held steady at 4.3%. Since April, overall job growth has been subdued, with gains in health care tempered by losses in government and energy-related industries.

Key Highlights from the Household Survey

• Unemployment rate: 4.3%, essentially unchanged for the month.

• Number of unemployed people: 7.4 million.

• Long-term unemployment: 1.9 million, accounting for 25.7% of all unemployed, and up 385,000 over the past year.

• Labor force participation: 62.3%, down 0.4 percentage point over the year.

• Employment-population ratio: 59.6%, unchanged from July but also down over the year.

• Part-time for economic reasons: 4.7 million, little changed in August.

• Not in the labor force but want a job: 6.4 million, up 722,000 compared to last year.

Unemployment rates across major demographic groups—adult men (4.1%), adult women (3.8%), teenagers (13.9%), Whites (3.7%), Blacks (7.5%), Asians (3.6%), and Hispanics (5.3%)—showed little or no movement.

Key Highlights from the Establishment Survey

• Total payroll employment: +22,000 jobs in August.

• Health care: +31,000 jobs, led by gains in ambulatory services, hospitals, and nursing/residential care.

• Social assistance: +16,000 jobs, mainly in individual and family services.

• Federal government: -15,000 jobs, continuing a steady decline since January (down 97,000 total).

• Mining, quarrying, and oil & gas extraction: -6,000 jobs, the sharpest monthly drop in over a year.

• Wholesale trade: -12,000 jobs, down 32,000 since May.

• Manufacturing: -12,000 jobs, with a notable -15,000 decline in transportation equipment manufacturing, partly due to strike activity.

Other major sectors—including construction, retail trade, financial activities, leisure and hospitality—showed little change in August.

Wages and Work Hours

• Average hourly earnings: $36.53, up 10 cents (0.3%) in August. Over the past year, wages increased by 3.7%.

• Production and nonsupervisory employees: $31.46 per hour, up 12 cents (0.4%).

• Average workweek: 34.2 hours for all employees, unchanged for the third straight month.

• Manufacturing workweek: slipped slightly to 40.0 hours, with overtime steady at 2.9 hours.

Revisions to Prior Months

• June 2025 revised down to -13,000 (from +14,000).

• July 2025 revised up to +79,000 (from +73,000).

• Combined revisions: net 21,000 fewer jobs than previously reported.

What’s Next?

The September Employment Situation Report will be released on Friday, October 3, 2025. In addition, the BLS will issue its 2025 preliminary benchmark revision to payroll data on September 9, 2025, aligning survey estimates with unemployment insurance records.

Takeaway

The August report underscores a cooling labor market: job gains remain concentrated in health and social services, while government, manufacturing, and energy sectors shed jobs. Wage growth continues at a moderate pace, but labor force participation remains historically low. With revisions showing weaker summer job growth than initially reported, policymakers and businesses alike may be watching closely for signs of whether this slowdown persists into the fall.

Disclaimer: This blog post is for informational purposes only and should not be construed as financial advice. Always conduct thorough research and consider seeking advice from a financial professional before making any investment decisions.

Source: https://www.bls.gov/news.release/empsit.nr0.htm

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Start forex fx futures news trading with Haawks G4A low latency machine-readable data today, one of the fastest news data feeds for US macro-economic and commodity data.

Please let us know your feedback. If you are interested in timestamps, please send us an email to sales@haawks.com.