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

2 September 2026, 6:52 PM

Daily summary: Muted rebound on Wall Street πŸ—½ Metals attempt to recover as the U.S. dollar weakens

2 September 2026, 3:19 PM

US Open: Falling oil prices calm Wall Street πŸ—½ Dell and GitLab rise, Palo Alto falls

2 September 2026, 1:08 PM

Market wrap: The US Strikes Iran, Oil hits the markets

1 September 2026, 6:54 PM

Daily Summary: Summer Is Over. Markets Shift Into Risk-Off Mode

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