The monthly US Jobs Report (NFP) will be released at 12:30 GMT today and will give the market the latest look at labor market conditions across America. Get your market update from nickcawley1 here:
Higher US interest rates will limit any weakness in the greenback.
The monthly US Jobs Report will be released at 12:30 GMT today and will give the market the latest look at labor market conditions across America. This closely-watched report still has the potential to move a range of markets although its influence is beginning to wane after the Fed’s greater clarity on the path of interest rates in the months ahead. Financial markets have already priced in a further 200 basis points of rate hikes in 2022 with a 50 bp hike now expected at the May meeting.
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