🔝Markets await the NFP report

SILVER

Commodities

US500

Indices

USDIDX

Indices

USD gains, US100 down ahead of the NFP report
The consensus sees +200k jobs
The report is crucial for the Federal Reserve

The NFP report consist of multiple data prints with the 3 most important ones being: employment change (expected at +200k), unemployment rate (3,7%) and wage growth (5%). Recent indicators suggest a strong labour market with ADP showing +235k jobs in the private sector, ISM pointing the strongest hiring conditions in manufacturing since August and weekly data showing no signs of increasing number of the unemployed. Still, the NFP report tends to be very volatile so a surprise is never off the cards.

The „new” version of the ADP has been more accurate and it predicts a strong NFP reading. Source: Macrobond, XTB Research

Our comment: a strong report (employment gain at +200k or above, high wage growth) could be seen as USD positive and equity negative as it would reinforce the hawkish stance from the Fed. However, bear in mind that market expect a strong report so a negative surprise in the data could potentially spark a much stronger reaction (potentially weaker USD and gain in US indices).

Silver prices remain in an uptrend but a declining EURUSD is a risk. Silver buyers would like to see a weak NFP report.

14 October 2025, 6:33 AM

Economic calendar - Earnings season begins!

14 October 2025, 6:04 AM

Morning wrap (14.10.2025)

13 October 2025, 7:00 PM

Daily summary: Precious metals euphoria continues unabated 📈

13 October 2025, 5:30 PM

BREAKING: China issues implementation rules on port fees on US ships

commodities
indices
economic reports

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days

🔝Markets await the NFP report

Join over 1 700 000 XTB Group Clients from around the world