Unemployment rate for January: 4.4% vs 4.4% expected and 4.4% prior
Employment change: 133k vs 95k expected and 107k prior
Jobless claims for Febryary: 44.2k vs 7.9k expected and 2.8k prior
Average Earnings for January YoY: 5.8% vs 5.9 expected and 6.1 prior
Mixed report from the British labour market. A large increase in employment, but at the same time the previous reading was revised. A large increase in benefit applications, but with the unemployment rate remaining unchanged. Wages fell more than expected, but remain at an elevated level. GBPUSD slightly decreases in the monirng after the release.
Daily Summary: Hawkish Fed fails to scare the markets (17.09.2026)
Nasdaq 100 Up 1.7%
US Open: Nasdaq, gold and silver surge following... an interest rate hike (17.09.2026)
Indices rebound as oil slides to $102 📉 Low jobless claims reading supports US dollar