Skip to content
  • Categories
  • Recent
  • Tags
  • Popular
  • Users
  • Groups
Skins
  • Light
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (Simplex)
  • No Skin
Collapse
Cobens Direct
  1. Home
  2. Investments and Portfolios
  3. Economic Data

Economic Data

Scheduled Pinned Locked Moved Investments and Portfolios
1 Posts 1 Posters 28 Views
  • Oldest to Newest
  • Newest to Oldest
  • Most Votes
Reply
  • Reply as topic
Log in to reply
This topic has been deleted. Only users with topic management privileges can see it.
  • A Online
    A Online
    Adam Kay
    Global Moderator
    wrote on last edited by
    #1

    April’s U.S. jobs report came in better than expected, with 177,000 new non-farm payrolls added—well above the 135,000 forecast. The unemployment rate stayed at 4.2%, and wages continued to grow steadily, up 0.2% on the month and 3.8% over the year.

    Hiring was strongest in healthcare, transport, and construction, showing that key sectors are still holding up well. The rise in the labour force participation rate also points to growing confidence in the jobs market.

    Markets welcomed the news. S&P 500 futures moved higher, while two-year Treasury yields climbed to 3.74%, as traders pulled back expectations for quick interest rate cuts. The strong payroll numbers suggest the economy is still in decent shape, easing some recession worries and giving investors a bit more confidence. All in all, the report paints a picture of a job market that’s staying resilient even as other parts of the economy show signs of cooling.

    Net positive for risk assets!

    1 Reply Last reply
    1
    Reply
    • Reply as topic
    Log in to reply
    • Oldest to Newest
    • Newest to Oldest
    • Most Votes


    The value of your investments can go down as well as up, and you may get back less than you invested.

    Cobens a trading name of Astute Financial Management UK Limited is authorised and regulated by the Financial Conduct Authority. Registered Address: 4th Floor Peek House, 20 Eastcheap, London, EC3M 1EB. Registered in England and Wales No. 5850981.

    • Login

    • Don't have an account? Register

    • Login or register to search.
    • First post
      Last post
    0
    • Categories
    • Recent
    • Tags
    • Popular
    • Users
    • Groups