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Beat the street: US payrolls steer a lower dollar

Weaker than expected non-farm payrolls on Friday has taken the dollar down with the dollar basket now on for its worst week in two months.

2024-05-03T14:33:01+0100

Week ahead: Reserve Bank Australia; Bank of England; BP; Walt Disney; BMW

Brace for a week of FX volatility with monetary policy meetings by the Reserve Bank of Australia and the Bank of England. The UK releases its latest retail sales print. BP reports after peer Shell smashed profit forecasts.

2024-05-03T14:03:32+0100

All eyes on NFP

After a solid March report, April non-farm payroll figures should again point to the labour market remaining tight, with a strong pace of job growth, coupled with cooling earnings pressures and historically low unemployment.

2024-05-03T09:30:38+0100

Look ahead: NFP; eurozone jobless rate; Societe Generale; Credit Agricole; InterContinental

The mood of the markets will be dominated by the key US jobs report after the Fed signalled that a cut in interest rates would be depend on whether the US central bank has made significant progress in getting inflation down.

2024-05-02T15:38:10+0100

Beat the street: Fed allays rate hike worries; Apple; Qualcomm; Moderna; Peloton

Investors heave a sigh of relief after the Federal Reserve left interest rates unchanged and allayed worries around potential rate hikes. Qualcomm issues an upbeat Q3 outlook.

2024-05-02T15:21:28+0100