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November Non-Farm Payroll ​Eve: Easing Inflation And Fed Signals


The upcoming release of the U.S. non-farm payroll data for November is scheduled for this Friday, December 8th, 2023.

Amidst signs of easing inflation and a slowing labor market in the U.S., multiple Federal Reserve officials suggest that immediate rate hikes may not be necessary. Yet, a pivotal question persists: If the non-farm data unexpectedly shows strength, will the Fed uphold its present position?

Let’s also examine the other significant economic data set to be released in the upcoming days alongside the non-farm payroll data from the prrevious months.

November Non-Farm Payroll ​Eve
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Industry Dynamics

Russian Court Freezes Raiffeisen Bank Shares, Halting Sale Plans

Russian court has frozen the shares of Raiffeisen Bank International's (RBI) local subsidiary, blocking the sale of the bank's Russian unit and intensifying tensions between Moscow and the West.  

2024-9-6 | Industry Dynamics

Biden To Block Nippon Steel's Acquisition of U.S. Steel

The Biden administration is preparing to announce that President Joe Biden will block Nippon Steel's USD 14.9 billion acquisition of U.S. Steel due to national security concerns, according to sources familiar with the matter.  

2024-9-5 | Industry Dynamics

Global Stocks and Oil Plunge on Growth Fears

Asian stocks and global stock futures tumbled on Wednesday, led by significant losses in technology shares, as renewed concerns over global growth drove investors away from riskier assets. Oil prices also hit multi-month lows, reflecting sluggish demand from the world's top consumers, China and the United States. 

2024-9-4 | Industry Dynamics