❗ Wall Street trades flat ahead of NFP data

Release of the US jobs report for January 2023 is a key macro event of the day. Report will be released at 1:30 pm GMT and is expected to show non-farm payrolls growing by 185k. If those expectations are confirmed, it would be the first sub-200k NFP reading in 2 years! ADP estimates released earlier this week raised some concerns as they pointed to only 106k jobs added in the US economy in January. Nevertheless, ADP has been a rather poor predictor of NFP recently. A softer reading could see dovish Fed bets increase and it may support risk assets like equities while putting pressure on USD. Wage growth data will also be on watch - faster-than-expected declaration would be welcome for Wall Street.

US, NFP report for January

Non-farm payrolls. Expected: +185k (ADP: +106k). Previous: +223k
Unemployment rate. Expected: 3.6%. Previous: 3.5%
Wage growth. Expected: 4.3% YoY. Previous: 4.6% YoY

Markets are rather calm around an hour and a half ahead of data release. The US dollar is trading mixed against G10 currencies while US index futures trade flat on the day. Precious metals inch higher with GOLD and SILVER trading 0.1 and 0.3% higher, respectively.

S&P 500 futures (US500) is trading more or less flat on the day. The index struggles to build onto yesterday's upward move and bulls seem to lack momentum to push the price above mid-term 4,165 pts resistance zone. Will NFP give them fuel for such a break? Source: xStation5

14 October 2025, 6:04 AM

Morning wrap (14.10.2025)

13 October 2025, 3:28 PM

US OPEN: "Green" Start to the Week on Wall Street

13 October 2025, 1:14 PM

Indexes reduce gains after Bessent’s comments 🎙️

13 October 2025, 12:16 PM

DE40: Europe's markets recovering from correction

indices

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

❗ Wall Street trades flat ahead of NFP data

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