Viewing entries tagged
GBPUSD

Comment

3 pips and BTC 222 points potential profit in 23 seconds on 11 June 2025, analysis on futures forex fx low latency news trading EURUSD, USDJPY and BTC on US Consumer Price Index (CPI)

According to our analysis USDJPY and EURUSD moved 3 pips and BTC moved 222 points on US BLS Consumer Price Index (CPI) data on 11 June 2025.

USDJPY (1 pip)

EURUSD (2 pips)

BTC (222 points)

Charts are exported from JForex (Dukascopy).


May 2025 CPI Report: Inflation Holds Steady, Energy Prices Drag Down Headline Numbers

June 12, 2025

The U.S. Bureau of Labor Statistics (BLS) released its Consumer Price Index (CPI) report for May 2025, and the data shows a continued cooling in inflation, with a slight 0.1% increase in consumer prices on a seasonally adjusted basis. This marks a slowdown from April’s 0.2% increase and offers further evidence that inflationary pressures are moderating—albeit unevenly across categories.

Headline Figures at a Glance

  • Monthly CPI (seasonally adjusted): +0.1% in May

  • 12-month CPI (unadjusted): +2.4%

  • Core CPI (excluding food and energy): +0.1% for the month; +2.8% year-over-year

  • Energy index: -1.0% for the month; -3.5% year-over-year

  • Food index: +0.3% for the month; +2.9% year-over-year

What’s Driving the Numbers?

Shelter Continues to Lead

Shelter prices rose 0.3% in May, maintaining a steady upward climb that has been a consistent inflation driver over the past year. Over the last 12 months, shelter prices are up 3.9%, making it the single largest contributor to the overall price increase.

Food Prices Edge Up

Food prices increased 0.3% in May, reversing April’s slight decline. The increase was spread across both food at home (+0.3%) and food away from home (+0.3%). Notably:

  • Cereals and bakery products rose 1.1%

  • Egg prices dropped 2.7%, though they’re still up 41.5% year-over-year

  • Fruits and vegetables nudged up 0.3%, but are down 0.5% over the year

Energy Prices Plunge

Energy was the biggest drag on the overall index. The energy index dropped 1.0%, led by a 2.6% decline in gasoline prices. Over the last 12 months:

  • Gasoline is down 12.0%

  • Fuel oil is down 8.6%

  • Electricity, however, is up 4.5%

  • Natural gas soared 15.3%

Core Services Show Mild Growth

Excluding food and energy, prices rose only 0.1% in May. Increases were noted in:

  • Medical care services (+0.2%)

  • Motor vehicle insurance (+0.7%)

  • Education (+0.3%)

At the same time, several consumer items saw declines, including:

  • Used cars and trucks (-0.5%)

  • New vehicles (-0.3%)

  • Apparel (-0.4%)

  • Airline fares (-2.7%)

What Does This Mean?

The May CPI report underscores a key theme: inflation is slowing but not uniformly. Core inflation remains sticky, especially in services like shelter and insurance, while energy and some goods prices continue to drop, giving the Federal Reserve more breathing room as it weighs future interest rate decisions.

A 2.4% annual inflation rate is close to the Fed’s 2% target, but the 2.8% core inflation figure suggests more progress is needed before declaring full victory over inflation.

What to Watch Next

Looking ahead, two major changes are coming:

  • Rebasing of CPI series starting in July 2025 will align selected indexes to a new reference base of December 2024 = 100.

  • Changes to wireless services CPI methodology beginning with July data will use alternative data sources and methods to reflect real-time pricing trends more accurately.

The June CPI report is scheduled for release on July 15, 2025.

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


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.

Comment

Comment

37 pips, US500 11 points and BTC 209 points potential profit in 18 seconds on 6 June 2025, analysis on forex fx futures news trading USDJPY, EURUSD, US500 and BTC on US Employment Situation (NFP) data

According to our analysis USDJPY and EURUSD moved 37 pips, US500 moved 11 points and BTC moved 209 points on US Employment Situation (Non-farm payrolls / NFP) data on 6 June 2025.

USDJPY (24 pips)

EURUSD (13 pips)

US500 (11 points)

BTC (209 points)

Charts are exported from JForex (Dukascopy).


U.S. Job Market Update: May 2025 Shows Steady Growth but Signs of Cooling

The U.S. labor market maintained moderate momentum in May 2025, according to the latest report from the Bureau of Labor Statistics (BLS), with total nonfarm payroll employment rising by 139,000 jobs. The unemployment rate held steady at 4.2%, continuing a 12-month trend of hovering between 4.0% and 4.2%.

Key Highlights

  • Job Growth by Sector:

    • Health Care led the way with +62,000 jobs, particularly in hospitals and ambulatory services.

    • Leisure and Hospitality added +48,000 jobs, mostly in food services and bars.

    • Social Assistance grew by +16,000 jobs, continuing its steady upward trend.

    • Federal Government employment continued to decline, down 22,000 jobs in May and 59,000 since January.

  • Wages and Hours:

    • Average hourly earnings rose by $0.15 to $36.24, a 0.4% monthly increase, and 3.9% over the past year.

    • The average workweek held steady at 34.3 hours.

  • Labor Force Metrics:

    • The employment-population ratio slipped to 59.7%, and labor force participation decreased to 62.4%.

    • Long-term unemployment dropped by 218,000 to 1.5 million, making up 20.4% of total unemployment.

    • Those jobless for less than 5 weeks rose by 264,000 to 2.5 million.

Revisions & Notes

  • March and April job gains were revised downward by a combined 95,000 jobs, suggesting the labor market may be slightly weaker than previously believed.

  • A minor correction was made to April’s household survey data due to the rollout of a redesigned sample.

  • A shift in classification of certain New York state workers impacted industry employment counts, transferring jobs from health care to social assistance.

Takeaway

The May report signals a job market that remains resilient but cautious. While job growth continues, it’s slower than the pace seen earlier in the recovery. Wage growth is steady, but softening participation and revisions to previous months hint at underlying labor market fragility. All eyes will be on the June report, due July 3, for confirmation of any emerging trends.

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


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.

Comment

Comment

3 pips and US500 14 points potential profit in 23 seconds on 13 May 2025, analysis on futures forex fx low latency news trading USDJPY and US500 on US Consumer Price Index (CPI)

According to our analysis USDJPY moved 3 pips and US500 moved 14 points on US BLS Consumer Price Index (CPI) data on 13 May 2025.

USDJPY (3 pips)

US500 (14 points)

Charts are exported from JForex (Dukascopy).


April 2025 CPI Report: Inflation Slows, Shelter and Energy Drive Modest Gains

The U.S. Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) data for April 2025, offering a mixed picture of inflation trends across the economy. Overall, consumer prices rose 0.2% in April on a seasonally adjusted basis after a slight decline in March. Year-over-year, prices are up 2.3% before seasonal adjustment, marking the smallest annual increase since February 2021.

Key Highlights:

  • Overall Inflation: +0.2% month-over-month in April; +2.3% year-over-year.

  • Core Inflation (excluding food and energy): +0.2% in April; +2.8% over the past 12 months.

  • Food Prices: Declined by 0.1% in April, driven by a sharp 0.4% drop in the food at home index.

  • Energy Prices: Rose 0.7% in April but are still down 3.7% compared to a year ago.

Shelter Continues to Lead

The shelter index increased by 0.3% in April, accounting for more than half of the overall rise in CPI. On an annual basis, shelter costs have risen 4.0%, making it a significant contributor to persistent core inflation. Rents and owners' equivalent rent both increased 0.3% and 0.4% respectively in April.

Energy Prices Rebound Slightly

While energy prices rose in April, the rebound was modest. Natural gas saw a notable 3.7% increase, and electricity rose 0.8%. However, gasoline prices dipped slightly by 0.1% (though they rose 2.9% before seasonal adjustment). Over the last 12 months, gasoline prices have dropped 11.8%, and fuel oil is down 9.6%.

Food Prices Show Mixed Trends

Food at home prices dropped 0.4%, the largest monthly decline since September 2020. The sharpest decline was seen in eggs, down 12.7% in April. Most major grocery categories posted declines, while nonalcoholic beverages were up 0.7%. In contrast, the food away from home index rose 0.4%, driven by increases in full-service (+0.6%) and limited-service meals (+0.3%).

Over the past year, food prices have risen 2.8%, with food away from home up 3.9% and food at home up 2.0%. Notably, egg prices have surged 49.3% year-over-year despite the April drop.

Core Categories Show Mixed Movement

Beyond food and energy, prices for household furnishings and operations increased 1.0%, and motor vehicle insurance rose 0.6%. Medical care rose 0.5%, with increases in hospital services (+0.6%) and prescription drugs (+0.4%).

Some categories saw declines, including airline fares (-2.8%), used cars and trucks (-0.5%), communication, and apparel (-0.2%). New vehicle prices remained unchanged.

A Shift in Methodology

April 2025 also marked a methodological update for the CPI. The BLS has transitioned to using transaction data purchased from a vendor to calculate the leased cars and trucks index, aiming to improve accuracy.

Looking Ahead

The next CPI release, covering May 2025, is scheduled for Wednesday, June 11, 2025. It will offer further insights into whether inflation continues to moderate and how evolving economic conditions impact consumer prices.

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


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.

Comment

Comment

19 pips, US500 19 points and BTC 192 points potential profit in 92 seconds on 2 May 2025, analysis on forex fx futures news trading USDJPY, US500 and BTC on US Employment Situation (NFP) data

According to our analysis USDJPY, US500 and BTC moved 19 pips, 19 points and 192 points on US Employment Situation (Non-farm payrolls / NFP) data on 2 May 2025.

USDJPY (19 pips)

US500 (19 points)

BTC (192 points)

Charts are exported from JForex (Dukascopy).


April 2025 Jobs Report: Steady Growth with a Few Soft Spots

The U.S. labor market continued its slow but steady climb in April 2025, according to the latest data from the Bureau of Labor Statistics (BLS). Nonfarm payrolls increased by 177,000, a solid gain that’s slightly above the average monthly increase of 152,000 over the past year. Meanwhile, the unemployment rate held steady at 4.2%, continuing a nearly year-long trend of relative stability in joblessness.

Key Takeaways:

Job Growth Driven by Health Care and Transportation

  • Health care led the way with 51,000 new jobs, continuing its strong performance from previous months. Hospitals and ambulatory health care services were major contributors.

  • Transportation and warehousing added 29,000 jobs, with gains in warehousing and storage (+10,000), couriers and messengers (+8,000), and air transportation (+3,000).

Other Industries on the Rise

  • Financial activities added 14,000 jobs, bringing total gains since April 2024 to over 100,000.

  • Social assistance employment rose by 8,000, though at a slower pace than usual.

Federal Government Job Cuts

  • Federal employment fell by 9,000 jobs in April and is down 26,000 since January. This marks a continued contraction in the public sector.

Other Notable Stats:

  • The number of unemployed people remained at 7.2 million.

  • Long-term unemployment rose to 1.7 million, making up 23.5% of all unemployed persons.

  • The labor force participation rate stayed flat at 62.6%, and the employment-population ratio held at 60.0%.

  • Wages continue to grow modestly:

    • Average hourly earnings rose by 6 cents to $36.06, up 3.8% year-over-year.

    • Nonsupervisory workers saw a 10-cent gain to $31.06.

Revisions & Trends

The jobs numbers from February and March were revised down by a total of 58,000 jobs, tempering earlier optimism. While these revisions don't indicate a major downturn, they reflect the continued balancing act of a cooling economy with pockets of resilience.

Bottom Line:

April’s jobs report reflects a labor market that’s stable, but not booming. Most of the gains are concentrated in a few key sectors, while other areas — including government — are shedding jobs. Wage growth is modest, and the overall unemployment rate remains within a narrow range.

With the next employment report due June 6, attention will remain focused on whether this steady trajectory can be maintained amid ongoing economic uncertainties.

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


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.

Comment

Comment

23 pips, US30 147 points and BTC 1279 points potential profit in 32 seconds on 12 February 2025, analysis on futures forex fx low latency news trading USDJPY on US Consumer Price Index (CPI)

According to our analysis USDJPY moved 23 pips, US30 moved 147 points and Bitcoin (BTC) moved 1279 points on US BLS Consumer Price Index (CPI) data on 12 February 2025.

USDJPY (23 pips)

US30 (147 points)

Bitcoin BTC (1279 points)

Charts are exported from JForex (Dukascopy).


CPI Report Shakes Markets: USD/JPY Gains, US30 Drops, BTC Dips

The January 2025 Consumer Price Index (CPI) report released by the Bureau of Labor Statistics showed a higher-than-expected inflation increase of 0.5% month-over-month, bringing the annual CPI to 3.0%. This data immediately sent ripples through the financial markets, impacting major asset classes, including forex, equities, and crypto.

Key CPI Highlights:

  • Headline CPI: +0.5% (MoM), +3.0% (YoY)

  • Core CPI (Ex-Food & Energy): +0.4% (MoM), +3.3% (YoY)

  • Shelter Costs: +0.4% MoM, a major driver of inflation

  • Energy Index: +1.1% MoM, fueled by a 1.8% increase in gasoline prices

  • Food Index: +0.4% MoM, with food-at-home prices up 0.5%

Market Reaction:

Forex – USD/JPY Rises 23 Pips

The U.S. dollar strengthened against the Japanese yen, with USD/JPY climbing 23 pips post-release. This move reflects increased expectations that the Federal Reserve may need to maintain higher interest rates for longer to combat inflation. The resilience of core CPI above 3.0% further solidifies the Fed’s hawkish stance, making USD more attractive compared to JPY, which remains under the Bank of Japan’s ultra-loose policy.

Equities – US30 Drops 147 Points

Wall Street reacted negatively to the inflation data, with the Dow Jones Industrial Average (US30) falling 147 points. Investors are concerned that persistent inflation may delay any potential Fed rate cuts, dampening risk appetite. Additionally, rising costs for shelter and transportation services indicate that consumer spending power could take a hit, affecting corporate earnings.

Crypto – Bitcoin Drops 1,279 Points

Bitcoin (BTC) saw a sharp decline of 1,279 points following the CPI release, reflecting a risk-off sentiment in the broader market. Higher-than-expected inflation led to speculation that Fed policy will remain tight, reducing liquidity for riskier assets like crypto. BTC’s drop also aligns with a broader sell-off in tech and growth stocks, which tend to be more sensitive to interest rate outlooks.

Final Thoughts

Traders should brace for continued volatility as inflation concerns linger. The next major catalyst will be the Fed’s response in upcoming meetings and market reactions to any further economic data releases. Stay alert to potential breakout moves in USD/JPY, US30, and BTC as inflation trends develop.

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


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.

Comment

Comment

25 pips, US30 90 points and BTC 1018 points potential profit in 40 seconds on 15 January 2025, analysis on futures forex fx low latency news trading USDJPY, EURUSD on US Consumer Price Index (CPI)

According to our analysis USDJPY and EURUSD moved 54 pips, US30 moved 90 points and Bitcoin (BTC) moved 1018 points on US BLS Consumer Price Index (CPI) data on 15 January 2025.

USDJPY (18 pips)

EURUSD (7 pips)

US30 (90 points)

Bitcoin BTC (1018 points)

Charts are exported from JForex (Dukascopy).


December 2024 CPI Report: Core Inflation Falls Short of Expectations – What It Means for Markets

The U.S. Bureau of Labor Statistics released the Consumer Price Index (CPI) for December 2024 on January 15, 2025. While headline inflation was in line with expectations, core inflation (excluding food and energy) came in slightly cooler than anticipated. The headline CPI rose 0.4% month-over-month and 2.9% year-over-year, meeting forecasts. However, core CPI increased by 0.2% month-over-month (vs. 0.3% expected) and 3.2% year-over-year (vs. 3.3% expected). Here’s a breakdown of the report and its implications for traders.

Headline Takeaways

  1. Headline Inflation: The all-items index rose 0.4% month-over-month and 2.9% year-over-year, reflecting steady inflationary pressures in energy and food prices.

  2. Core Inflation Misses: Core CPI rose 0.2% month-over-month, below the forecasted 0.3%. Year-over-year, core inflation moderated to 3.2%, also below the expected 3.3%.

  3. Energy Drives the Headline: Energy prices surged 2.6% month-over-month, with gasoline prices jumping 4.4%, making energy a key driver of the overall CPI increase.

  4. Food Inflation Holds Steady: Food prices rose 0.3% month-over-month, with both food at home and food away from home contributing equally to the increase.

Market Implications of Core CPI Miss

Cooling Core Inflation Trends

  • The 0.2% month-over-month rise in core CPI marked a modest cooling from the expected 0.3%. Year-over-year, the 3.2% core inflation rate signals gradual easing in underlying price pressures.

  • Market Impact: A softer-than-expected core reading could prompt markets to reassess the Federal Reserve’s policy stance, increasing the likelihood of a pause or easing cycle sooner than previously anticipated.

Energy Price Surge Shifts Focus

  • Energy prices rose significantly, with a 4.4% increase in gasoline prices dominating the report. However, on a year-over-year basis, energy remains a deflationary factor, down 0.5%.

  • Market Impact: Energy-driven headline inflation may not alter the Fed’s trajectory if core inflation continues to cool, but it could buoy commodity markets and inflation-sensitive sectors.

Sector Breakdown

Shelter Remains Elevated

  • Shelter costs rose 0.3% month-over-month and 4.6% year-over-year. Shelter remains the largest contributor to core inflation but showed signs of stabilization.

  • Implications for Traders: Persistent shelter inflation could limit the Fed’s flexibility, supporting higher-for-longer interest rate expectations.

Food Prices Steady but Mixed

  • Food at home (+0.3%) and food away from home (+0.3%) rose in tandem. Cereals and bakery products saw a sharp rise (+1.2%), while nonalcoholic beverages (-0.4%) and fruits and vegetables (-0.1%) declined.

  • Market Impact: Stable food inflation supports consumer purchasing power, benefiting consumer discretionary stocks.

Transportation and Autos Drive Core

  • Used cars and trucks rebounded with a 1.2% increase, while new vehicles rose 0.5%. Airline fares surged 3.9%.

  • Implications for Traders: Rising auto and transportation costs could impact consumer sentiment and provide short-term tailwinds to related industries.

Fed Policy Implications

With core CPI coming in below expectations, markets may interpret the data as a sign that inflation is moderating toward the Federal Reserve’s target. While headline inflation remains steady, the softer core reading could shift the Fed’s tone toward a more dovish stance, especially if cooling trends persist.

Trading Opportunities

  1. Equities: Growth stocks and rate-sensitive sectors may gain on expectations of a dovish Fed. Defensive sectors may face headwinds if inflation pressures ease.

  2. Bonds: Treasury yields could decline, particularly on the shorter end of the curve, as markets price in reduced rate hike probabilities.

  3. Commodities: Energy markets may rally due to the sharp increase in gasoline and natural gas prices. Gold could see gains if inflation expectations moderate.

  4. Forex: The U.S. Dollar Index (DXY) might weaken if traders anticipate a softer Fed policy path.

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


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.

Comment

Comment

35 pips and 210 points potential profit in 80 seconds on 10 January 2025, analysis on forex fx futures news trading USDJPY, EURUSD and US30 on US Employment Situation (Non-farm payrolls/NFP) data

According to our analysis USDJPY, EURUSD and US30 moved around 35 pips and 210 points on US Employment Situation (Non-farm payrolls / NFP) data on 10 January 2025.

USDJPY (19 pips)

EURUSD (16 pips)

US30 (210 points)

Charts are exported from JForex (Dukascopy).


December 2024 Employment Report: Key Takeaways for Traders

The U.S. Bureau of Labor Statistics (BLS) released its December 2024 Employment Situation Report today, revealing a mixed but largely positive labor market. Here’s what traders need to know and how the data could influence markets in the near term.

Key Highlights of the Report

  • Nonfarm Payroll Growth:
    Nonfarm payrolls increased by 256,000, beating market expectations. Gains were led by health care, government, social assistance, and retail trade.

  • Unemployment Rate:
    The unemployment rate held steady at 4.1%, indicating a resilient labor market despite concerns of potential softening.

  • Wage Growth:
    Average hourly earnings increased by 0.3% month-over-month (+10 cents), bringing the annual wage growth to 3.9% year-over-year.

  • Labor Force Participation Rate:
    Unchanged at 62.5%, maintaining the same range seen throughout 2024.

Market Implications

1. Equity Markets:

  • Bullish Signal: The robust payroll growth could support cyclical sectors like retail, health care, and consumer discretionary.

  • Earnings Potential: With strong wage gains and improved retail hiring, markets may see positive sentiment heading into Q1 earnings season.

  • Caveat: If wage growth accelerates beyond expectations in future reports, it could reignite inflation fears.

2. Bond Markets:

  • The steady unemployment rate and solid job gains could increase the likelihood of the Federal Reserve holding interest rates steady. However, continued strength may push yields higher if investors price in a more hawkish Fed stance.

3. Forex Market:

  • The U.S. dollar may strengthen in response to better-than-expected job numbers, as it reinforces confidence in the U.S. economy.

  • Watch for USD pairs, particularly with currencies of economies that are experiencing slower labor market recoveries.

Sector Breakdown for December 2024

  • Health Care (+46,000 jobs): Gains were seen across home health care services (+15,000), nursing care facilities (+14,000), and hospitals (+12,000). This continued sector strength may benefit health care ETFs and equities.

  • Retail Trade (+43,000 jobs): A recovery from November’s losses was driven by increases in apparel, general merchandise, and health and personal care stores. Retail-focused traders may view this as a sign of resilient consumer demand.

  • Government (+33,000 jobs): Job gains, primarily in state government roles, continued a positive trend, though at a slower pace than in 2023.

  • Social Assistance (+23,000 jobs): Continued steady growth here supports the broader theme of demand for care services.

Wage and Workweek Trends

  • Average Hourly Earnings: Up $0.10 to $35.69 (+3.9% YoY).

  • Production and Nonsupervisory Workers: Wages increased by $0.06 to $30.62, signaling continued earnings momentum for middle-income workers.

However, the average workweek remained at 34.3 hours, unchanged for the fifth consecutive month, indicating stable labor utilization across sectors.

Revisions and Seasonal Adjustments

The revisions for October and November combined resulted in a net downward adjustment of 8,000 jobs. Traders should take note of these recalibrations, which may indicate some volatility in reporting but largely point to a stable employment trend.

Key Risks to Watch

  • Fed Policy: Traders should monitor any commentary from Federal Reserve officials, as this report keeps the door open for either policy stability or future tightening if wage pressures persist.

  • Economic Slowdown Concerns: While the labor market remains strong, longer-term concerns about a potential slowdown in consumer spending or corporate hiring could affect future payroll reports.

  • Global Market Sentiment: The forex and commodity markets could be impacted by how global investors interpret the U.S. labor market’s strength relative to international economic conditions.

Conclusion

The December 2024 employment report reinforces the narrative of a robust U.S. labor market with healthy job creation, stable unemployment, and moderate wage growth. Traders should position themselves for potential equity market gains in cyclical sectors while keeping a close eye on bond yields and the Federal Reserve's evolving stance. The next employment report, scheduled for February 7, 2025, will provide further clues as to whether this momentum can continue into the new year.

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


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.

Comment

Comment

37 pips potential profit in 8 seconds on 6 December 2024, analysis on forex fx futures news trading USDJPY and EURUSD on US Employment Situation (Non-farm payrolls/NFP) data

According to our analysis USDJPY and EURUSD moved around 37 pips on US Employment Situation (Non-farm payrolls / NFP) data on 6 December 2024.

USDJPY (28 pips)

EURUSD (9 pips)

Charts are exported from JForex (Dukascopy).


November 2024 U.S. Employment Report: Key Takeaways and Insights

The U.S. Bureau of Labor Statistics (BLS) released its November 2024 Employment Situation Report, highlighting continued growth in the labor market with some mixed signals. Here’s what you need to know:

Job Growth Surges, Led by Health Care and Leisure Industries

Nonfarm payroll employment increased by 227,000 in November, marking a strong rebound from the previous month's modest gain of 36,000. This growth surpasses the 12-month average increase of 186,000, signaling resilience despite broader economic uncertainties. Key contributors included:

  • Health Care (+54,000): Growth was driven by ambulatory health care services (+22,000), home health care (+16,000), hospitals (+19,000), and nursing care facilities (+12,000).

  • Leisure and Hospitality (+53,000): Food services and drinking places added the bulk of these jobs (+29,000), reflecting ongoing recovery in service-related industries.

  • Government (+33,000): Gains were concentrated in state government employment (+20,000).

  • Transportation Equipment Manufacturing (+32,000): The return of workers following strike actions fueled this sector’s rebound.

Unemployment Rate Holds Steady, but Challenges Persist

The unemployment rate remained relatively stable at 4.2%, up from 3.7% a year earlier. There are now 7.1 million unemployed Americans, reflecting ongoing challenges in the labor market recovery. Notable trends include:

  • Long-term Unemployment: This group, defined as those jobless for 27 weeks or more, remains elevated at 1.7 million, making up 23.2% of total unemployed.

  • Demographic Insights: Unemployment edged up for Black workers to 6.4%, while other major groups, including Whites (3.8%), Asians (3.8%), and Hispanics (5.3%), showed little change.

Labor Force and Participation Trends

The labor force participation rate was unchanged at 62.5%, maintaining a narrow range since late 2023. However, the employment-population ratio declined by 0.6 percentage points over the past year, landing at 59.8%. These metrics suggest some stagnation in workforce engagement.

Retail Trade Slumps as Seasonal Hiring Falters

Retail trade lost 28,000 jobs in November, marking a significant divergence from other industries. Losses were particularly sharp in general merchandise retailers (-15,000), though electronics and appliance retailers posted modest gains (+4,000). This decline could reflect shifting consumer patterns and cautious hiring ahead of the holiday season.

Earnings and Work Hours Tick Up

Wage growth continued at a steady pace, with average hourly earnings increasing by 0.4% to $35.61. Over the past year, wages have risen by 4.0%, providing some relief against inflationary pressures. The average workweek for private nonfarm employees edged up to 34.3 hours, a positive indicator of labor demand.

Upward Revisions Reflect Stronger Momentum

Revised data for September and October show that employment gains were 56,000 higher than previously reported. September’s total was adjusted up to 255,000, and October’s figure increased to 36,000.

What It All Means

November’s employment report paints a picture of a labor market balancing growth with persistent challenges:

  • Encouraging Sectors: Health care, leisure, and government sectors are driving job creation, reflecting the continued demand for essential services.

  • Emerging Concerns: Retail trade losses and elevated long-term unemployment suggest pockets of weakness that merit attention.

  • Stable Wages: The steady rise in wages is a positive for workers, though it remains to be seen if this can keep pace with inflation and higher living costs.

As we close out 2024, the labor market appears robust but not without its vulnerabilities. Policymakers, businesses, and job seekers will be closely watching December’s report, due on January 10, 2025, to gauge the economy’s trajectory into the new year.

Stay tuned for more updates on labor market trends and insights!

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


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.

Comment

Comment

54 pips potential profit in 11 seconds on 13 November 2024, analysis on futures forex fx low latency news trading USDJPY and EURUSD on US BLS Consumer Price Index (CPI) data

According to our analysis USDJPY and EURUSD moved 54 pips on US BLS Consumer Price Index (CPI) data on 13 November 2024.

USDJPY (32 pips)

EURUSD (22 pips)

Charts are exported from JForex (Dukascopy).


October 2024 CPI Report: Key Highlights and Insights

Today’s Consumer Price Index (CPI) report from the Bureau of Labor Statistics reveals modest inflationary trends in October, showing a steady pace in prices with an overall increase of 0.2% for the month, consistent with the previous three months. This brings the year-over-year increase for all items to 2.6%, marking a slight acceleration from the 2.4% reported for September. Here’s a breakdown of the key drivers behind October’s CPI numbers and what it could mean for consumers and the economy.

Shelter Costs Remain a Key Driver of Inflation

Shelter costs, a substantial portion of the CPI, rose 0.4% in October. This increase accounted for more than half of the overall rise in the CPI for the month. Over the past 12 months, shelter costs have climbed by 4.9%, contributing significantly to the core inflation measure (all items less food and energy), which rose 3.3% year-over-year. Rent and owners’ equivalent rent both increased by 0.4% in October, reflecting the persistent upward pressure in housing costs.

Food Prices Continue to Climb, but at a Slower Pace

The food index increased by 0.2% in October, a slight slowdown from September’s 0.4% rise. Prices for food at home edged up 0.1%, with notable increases in cereals and bakery products (+1.0%) and dairy (+1.0%), as well as fruits and vegetables (+0.4%). However, the meats, poultry, fish, and eggs index fell 1.2%, driven by a sharp 6.4% decrease in egg prices. For food away from home, including restaurant meals, prices rose 0.2%. Over the past year, food prices have risen by 2.1%.

Energy Index Stays Flat After Recent Declines

Following a 1.9% decline in September, the energy index remained unchanged in October, bringing some stability after several months of fluctuation. Gasoline prices continued their decline with a 0.9% drop, contributing to the 12.2% decrease over the past year. Fuel oil also saw a notable reduction, with prices down by 20.8% over the last 12 months. However, the cost of electricity increased 1.2% for the month and has risen by 4.5% over the year, while natural gas increased by 0.3% in October, up 2.0% year-over-year.

Core CPI Sees Steady Growth, Driven by Services and Transportation

The core CPI, excluding the volatile food and energy sectors, rose by 0.3% in October. Services excluding energy increased 0.3% as well, with significant contributions from shelter and medical care. Used cars and trucks experienced a surprising uptick of 2.7% for the month, after several months of declines. Airline fares also jumped by 3.2%, and medical care services increased by 0.4%.

Apparel, Communication, and Household Furnishings Decline

While the prices of many items rose, some categories saw decreases. Apparel fell by 1.5% in October, following an increase in September, while communication and household furnishings indexes also experienced declines. These decreases helped to offset some of the monthly CPI gains, indicating some price variability across goods and services.

Annual Inflation and Outlook

The CPI report shows a steady 2.6% increase over the past 12 months, reflecting a measured but persistent inflationary environment. The energy index, which has been a source of relief with a 4.9% decrease over the year, helped balance the rise in shelter and other core costs. However, the uptick in core inflation, particularly from services and shelter, suggests ongoing challenges in keeping inflation within target levels.

Looking forward, the November CPI report, scheduled for December 11, will offer further insights into these trends. Key areas to watch will include the energy index, as seasonal adjustments for heating costs take effect, and shelter, which remains a major factor in inflation. The CPI data continues to be an essential gauge for understanding the economic pressures on consumers and will likely influence the Federal Reserve's monetary policy decisions in the coming months.

In Summary

October’s CPI data suggests a stable but gradually rising inflation environment, with shelter costs as the dominant force. Food prices continue to rise moderately, while energy costs remain volatile but stable for now. As inflation remains slightly above the Federal Reserve’s target, policymakers and consumers alike will be keeping a close eye on these trends heading into the winter months.

Stay tuned for our next update following the release of November’s CPI data, as we continue to track the evolving inflation landscape and its implications for everyday life and economic policy.

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


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.

Comment

Comment

126 pips potential profit in 52 seconds on 4 October 2024, analysis on forex fx futures news trading USDJPY and EURUSD on US Employment Situation (Non-farm payrolls/NFP) data

According to our analysis USDJPY and EURUSD moved around 126 pips on US Employment Situation (Non-farm payrolls / NFP) data on 4 October 2024.

USDJPY (93 pips)

EURUSD (33 pips)

Charts are exported from JForex (Dukascopy).


September 2024 Employment Report: Key Highlights and Insights

The U.S. job market continued to show resilience in September 2024, with total nonfarm payroll employment increasing by 254,000 jobs. This growth marks a stronger-than-average monthly gain, outpacing the 203,000 average of the past 12 months. The unemployment rate, however, held steady at 4.1%, reflecting a relatively stable labor market despite ongoing economic pressures and a significant weather event.

Noteworthy Sectors Leading Job Growth

Several key industries contributed to September's employment gains:

  1. Food Services and Drinking Places: This sector saw a remarkable increase of 69,000 jobs, a substantial jump compared to its prior 12-month average of 14,000 jobs per month. This may suggest a resurgence in consumer spending on dining out, possibly influenced by seasonal factors or recovering demand following earlier economic fluctuations.

  2. Health Care: Adding 45,000 jobs, this sector experienced slightly slower growth than its recent monthly average of 57,000. Key areas of hiring included:

    • Home health care services (+13,000)

    • Hospitals (+12,000)

    • Nursing and residential care facilities (+9,000)

  3. Government: Employment in the public sector grew by 31,000, driven largely by gains in local (+16,000) and state (+13,000) government jobs. While this is positive, it remains below the prior 12-month average gain of 45,000.

  4. Social Assistance: Adding 27,000 jobs, this sector's growth was focused primarily on individual and family services (+21,000). This reflects the growing need for support services in communities, highlighting social and demographic changes driving demand.

  5. Construction: Employment rose by 25,000 jobs, continuing a steady trend of growth in the industry, fueled largely by nonresidential specialty trade contractors (+17,000). This aligns with broader infrastructure development efforts across the country.

Stable Sectors and Broader Labor Trends

While certain industries showed significant gains, others remained stable with little change in employment. These include mining, manufacturing, wholesale and retail trade, transportation and warehousing, information, and professional and business services.

Despite the steady job creation, unemployment held at 4.1%, equating to about 6.8 million unemployed individuals. This is higher than a year ago when the jobless rate was 3.8%, and the number of unemployed people was 6.3 million. The number of long-term unemployed, those out of work for 27 weeks or more, remained at 1.6 million, representing 23.7% of all unemployed individuals.

Moreover, the labor force participation rate remained unchanged at 62.7%, a sign that the overall percentage of Americans either working or actively looking for work has stabilized, though it remains below pre-pandemic levels.

Economic Indicators Beyond Job Creation

Several additional data points from the report shed light on broader labor market dynamics:

  • Wages: The average hourly earnings for all employees on private nonfarm payrolls increased by 13 cents, or 0.4%, reaching $35.36. Year over year, wages have risen by 4.0%, indicating that wages are keeping pace with inflationary pressures.

  • Workweek: The average workweek for all private-sector employees edged down slightly to 34.2 hours, while the manufacturing workweek remained steady at 40.0 hours.

Impact of Hurricane Francine

Hurricane Francine, which made landfall in southern Louisiana on September 11, had no discernible effect on national payroll employment, hours, or earnings, according to the Bureau of Labor Statistics (BLS). Despite the storm's impact on local areas, national survey response rates remained within normal ranges, suggesting limited disruption at the national level. However, it will be important to monitor the October and November reports for any delayed effects in the regional labor markets most affected by the hurricane.

Revisions to Prior Data

The BLS also revised upward the employment changes for July and August by a combined 72,000 jobs. This upward revision highlights the challenges of gathering accurate, timely data, especially in the midst of economic uncertainty, but also reinforces the underlying strength of the job market over the summer months.

Looking Ahead

As we move toward the end of 2024, the labor market continues to exhibit signs of stability, though potential challenges remain. Rising interest rates, inflationary pressures, and external factors like extreme weather events could still influence employment trends in the coming months. The upcoming October 2024 employment report will provide further insights into how the job market is evolving and whether the current trajectory of growth can be sustained through the end of the year.

In the meantime, this month's report offers encouraging news for several key industries, particularly in service sectors like food, health care, and social assistance. Despite some broader economic concerns, the U.S. labor market remains on a solid footing.

Stay tuned for the next report on November 1, 2024, for the latest updates and analysis on the nation's employment situation.

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


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.

Comment