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Positive Surprise from NFP Supports Dollar, Trouble for Equities

Started by PocketOption, Feb 05, 2022, 04:39 am

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PocketOption

Feb 05, 2022, 04:39 am
Positive Surprise from NFP Supports Dollar, Trouble for Equities

A positive surprise on US employment. The official BLS report showed a jobs increase of 467K, markedly better than the expected 110-165K. Moreover, the previous data was seriously revised upwards and now reports employment growth of 510K in December compared to the initially reported 199K. Average hourly earnings rose by 0.7% m/m and 5.7% y/y, […]


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