Forexlive Americas FX news wrap: The major indices post the 2nd consecutive positive week
The ghost of 2022 is behind us in the stock market as the major indices closed higher for the 2nd consecutive week to start the new year. The gains have been led by the Nasdaq which rose by an oversized 4.82% this week (largest 1 week gain since November 7 week), after rising by near […]
Can the Nonfarm Payrolls Beat Forecasts for a Ninth Consecutive Month?
Nonfarm Payrolls (NFP) have surpassed forecasts in the previous eight months. The NFP rarely meets expectations and frequently defies reality. Job growth above pre-pandemic levels cannot last forever. Higher interest rates and inflation have had an impact on the housing market, and possibly the labour sector as well. Nonfarm Payrolls (NFP) have exceeded expectations for […]