Read more
4:29 PM · 2 April 2021

Daily summary: Brilliant NFP reading amid muted trading

-
-
Open account Download free app

Good Friday means that most markets are closed. However, for part of today's session, contracts for US stock indexes were traded and showed a positive reaction to the NFP report. The US economy added 916K jobs in March, the most since August 2020, following an upwardly revised 468K in February. Today's reading came well above analysts estimates of 647K amid easing business restrictions, falling coronavirus infection rates, a fast vaccine rollout and continued support from the government. Moreover, the wage data showed lower than expected wage growth. The dollar was slightly appreciating today, which was related to the upbeat data. However, market volatility is very limited. Crude oil may come under pressure next week, although the market has welcomed information about an increase in production over the next three months. The US will meet Iran in Vienna next Tuesday to talk about a nuclear deal.

GBPUSD – buyers failed to break above major resistance at 1.3850 and price pulled back. If the current sentiment prevails then downward move may be extended to the 1.3760 handle which is additionally strengthened by 50 SMA ( green line) and upward trendline. However if buyers will manage to regain control and break above the aforementioned resistance, then another upward impulse may be launched towards 1.39 level. Source: xStation5 
11 February 2026, 3:33 PM

BREAKING: Massive increase in US oil reserves!

11 February 2026, 2:44 PM

US OPEN: Blowout Payrolls Signal Slower Path for Rate Cuts?

11 February 2026, 1:31 PM

BREAKING: US100 jumps amid stronger than expected US NFP report

11 February 2026, 1:15 PM

Market wrap: Oil gains amid US - Iran tensions 📈 European indices muted before US NFP report

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits