Market Overview

Fear is the path to the Dark Side. Fear leads to anger, anger leads to hate, hate leads to suffering.—YODA, Star Wars Episode I: The Phantom Menace Remember back in in the 2008/09...

Non-farm payrolls surprise, FX reaction more surprising Next week's central bank meetings may be benign USDCAD risks are mostly balanced The highly anticipated US non-farm payrolls data...

This was one of the more laughable US jobs report in modern memory – so contradictory if we look at the full list of data points that it is tough to piece together a compelling takeaway, though...

Here are the lead paragraphs from the Employment Situation Summary released Friday morning by the Bureau of Labor Statistics:Total nonfarm payroll employment rose by 288,000, and the unemployment rate...

The Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) is at 134.0, down from last week's 134.6. The WLI annualized growth indicator (WLIg) rose to 4.2 from last week's...

We've received a number of questions on the trajectory of US trade balance going forward. It seems that since 2011, US trade deficit has stabilized and has been gradually improving. The projections...

The private sector created a surprisingly high number of jobs last month, the Labor Department reports. Private payrolls increased 273,000, or well above the consensus forecast of 213,000 (according...

It only took a few seconds to elicit the knee-jerk reaction to the strong April jobs report on Friday morning. While certainly not unusual for the volatile monthly series, the kinetics in the market...

Note from dshort: This commentary has been revised to include March Real Personal Income, released yesterday, and today's Nonfarm Employment for April.Official recession calls are the responsibility...

Going into today's non-farm payrolls report, very few market participants expected a big reaction in the U.S. dollar and while the gains in the greenback post NFPs were small in comparison to what we...

After weak GDP reading for the first quarter released on Wednesday, Friday’s report from the labor market showed that weather-related distortions are thing of the past and the US economy gained...

When you are posed with a question that asks if something is a viable alternative to the money we have used every day for the last half-century, one has to ask why that question is even being...

EUR/USD Today’s support: - 1.3850, 1.3809 and 1.3788(main), where correction is possible. Break would give 1.3764, where correction also may be. Then follows 1.3747. Break of the latter would...

Upcoming US Events for Today:Employment Situation report for April will be released at 8:30am. The market expects Non-Farm Payrolls to increase by 215,000 versus 192,000 previous.   Private...