1:37 PM Β· 4 September 2020

πŸ’² NFP report slightly misses expectations, mixed reaction πŸ“Š

Long-awaited US NFP report for August has been released at 1:30 pm BST. Report showed a small headline miss but given lacklustre ADP reading on Wednesday, it can be considered a beat. Below there a key takeaways from the report:

  • Employment change:  1317k vs 1400k expected

  • Unemployment rate: 8.4% vs 9.8% expected

  • Wage growth:  4.7% YoY vs 4.5% YoY expected

Report confirmed that recovery in the US labour market moderated. A steep drop in unemployment rate is somewhat puzzling. USD, gold and stock market indices jumped in a knee-jerk move. However, gains on gold and USD were quickly erased while equities seesawed.

Source: xStation5

13 July 2026, 11:21 AM

Market Wrap: Geopolitical dΓ©jΓ  vu. Hormuz once again in the center of investors' attention.

13 July 2026, 7:19 AM

Morning Wrap: Strait of Hormuz Closed? (13.07.2026)

10 July 2026, 6:35 PM

Daily Summary: The week ends on a positive note. SK Hynix up 14% on Nasdaq. Energy down (10.07.2026)

10 July 2026, 5:54 PM

Three markets to watch next week (10.07.2026)

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 ComissΓ£o de Valores MobiliΓ‘rios (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