NFP

Gold retreats slightly before the key NFP report, while crude oil trades in a choppy range as traders assess market direction.

Private Sector Hiring Surges Private sector hiring surged in September with 143,000 new jobs added, exceeding expectations and showing strength despite concerns about wage growth slowing. This increase, reported by payroll firm ADP, sets the stage for the Labour Department’s closely watched nonfarm payroll (NFP Report) announcement, due soon.  Labour Market Outlook Ahead of NFP […]

The ADP Employment Change and the Non-Farm Payroll (NFP) report are two key indicators of the U.S. labour market. While both track employment, they differ in scope and timing, often leading to different results. Here’s a simplified look at what each report means and how ADP data can influence expectations for the NFP release.  What […]