U.S. NFP Announcement and Friday Overview

Sera Akinci  |  April / 2. Week
The US monthly non-farm payroll announcement was less than expected. NFP was at 98,000 in March; when the job creation number was expected to be 180,000.

The average hourly earnings increased 0.2% compared to the prior increase of 0.3%. FED is closely watching the increase in wages for evidence of diminishing slack in the labor market and upward pressure on inflation. On the other hand, the government payrolls increased by 9,000 last month compared to 2,000 public jobs disappearing in February.
 
Indices:

- Right after the US NFP was released, the US dollar index declined to 100.53 from 100.70
- S&P 500 Futures index increased by 0.01% to 2.354,00
- NASDAQ futures index fell 0.4% to 5.420.62
- DAX index decreased by 0.24% to 12,201.50
- Nikkei 225 increased by 0.36% to 18,664.63
 
Currencies:

- EURUSD fell 0.18% to 1.0625
- GBPUSD fell 0.59% to 1.2395
- USDJPY fell 0.12% to 110.68
- USDCHF increased 10% to 0.9% to 1.0060
- USDCAD decreased 31% to 1.3372
- USDCNH increased 10% to 6.8965

Commodities: 

- Gold increased by 1.23% to 1.268.75
- Silver increased 0.64% to 18.362
- Copper decreased by 0.54% to 2.617
- Brent oil increased by 0.20% to 55.00
- Crude oil WTI increased by 0.35% to 51.87
- Natural gas decreased by 1.53% to 3.280

Bonds:

- US 10Y yield decreased 1.85% to 2.300
- US 30Y yield decreased 1ç53% to 2.943
- US 2Y yield decreased 0.65% to 1.238
- US 5Y yield decreased 1.57% to 1.834
 
From the data above, it can be said that the US non-farm payroll announcement had a negative impact on USD and has caused the global stocks and the dollar to slip. In addition, right after the Canadian jobs data, USDCAD also fell. In addition, the air strike against Syria has also caused the dollar to dip against the Asian currencies.
 
 

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