Archives February 2024

Non Farm Payroll NFP News Prediction March 8th. The non-farm payroll report is a crucial economic indicator that provides insight into the health of the labor market in the United States. Past non-farm payroll results have shown fluctuations in job growth, unemployment rates, and wage increases.

For example, in the aftermath of the 2008 financial crisis, non-farm payroll results were dismal, with job losses reaching historic levels and unemployment rates skyrocketing. However, in recent months, the non-farm payroll report has shown more positive results with steady job growth and declining unemployment rates.

One significant trend in past non-farm payroll results is the impact on the financial markets. Positive non-farm payroll results often lead to a surge in stock markets as investors interpret the data as a sign of economic strength.

Conversely, negative results can cause market volatility and uncertainty as investors worry about the health of the economy. In addition, the Federal Reserve closely monitors non-farm payroll results when making decisions about interest rates and monetary policy, as the data provides valuable insight into the overall health of the economy.

Looking ahead, analysts and policymakers will continue to closely monitor non-farm payroll results to gauge the strength of the labor market and the overall economy. As the US continues to recover from the effects of the COVID-19 pandemic, non-farm payroll data will be crucial in understanding the long-term impact on employment and wage growth.

By analyzing past non-farm payroll results and trends, we can better understand the challenges and opportunities facing the labor market and make informed decisions to support economic growth and stability.

• The January employment report showed headlines for the key metrics — nonfarm payrolls, private sector payrolls, the unemployment rate, and average hourly earnings — that were stronger than expected (much stronger for the payrolls data).
• The report had a few quirks, too, namely a notable drop in the average workweek to 34.1 hours from 34.3 hours, benchmark revisions that showed nonfarm payroll employment in November and December combined 126,000 higher than previously reported, and updated population estimates that decreased the estimated size of the civilian non institutional population by 625,000 and the civilian labor force by 299,000 in December.

Non Farm Payroll NFP News Prediction 8th March Key Factors

• January nonfarm payrolls increased by 353,000. The 3-month average for total nonfarm payrolls increased to 289,000 from 227,000. December nonfarm payrolls revised to 333,000 from 216,000. November nonfarm payrolls revised to 182,000 from 173,000.
• January private sector payrolls increased by 317,000. December private sector payrolls revised to 278,000 from 164,000. November private sector payrolls revised to 152,000 from 136,000.
• January unemployment rate was 3.7%, versus 3.7% in December. Persons unemployed for 27 weeks or more accounted for 20.8% of the unemployed versus 19.7% in December. The U6 unemployment rate, which accounts for unemployed and underemployed workers, was 7.2% versus 7.1% in December.
• January average hourly earnings were up 0.6% versus 0.4% in December. Over the last 12 months, average hourly earnings have risen 4.5%, versus 4.3% for the 12 months ending in December.
• The average workweek in January was 34.1 hours, versus 34.3 hours in December. Manufacturing workweek was unchanged at 39.8 hours. Factory overtime was dipped 0.1 hour to 2.7 hours.
• The labor force participation rate held steady at 62.5%.
• The employment-population ratio increased to 60.2% from 60.1% in December.

Upcoming Non Farm Payroll (NFP) 8th March

The upcoming non-farm payroll report is highly anticipated among economists, investors, and policymakers alike. This report provides crucial insights into the health of the labor market in the United States by detailing the number of jobs added or lost in the previous month, as well as the unemployment rate.

These data points are essential in understanding the overall economic health of the country and can have significant implications for financial markets. Therefore, analysts will carefully scrutinize the upcoming report for any signs of strength or weakness in the labor market.

One key aspect to watch for in the upcoming non-farm payroll report is the rate of job growth. A strong job growth number typically indicates a healthy economy and can lead to increased consumer spending and investment.

On the other hand, a weak job growth number may signal economic troubles and could prompt policymakers to take action to stimulate the economy. Additionally, the unemployment rate will also be closely watched, as a lower unemployment rate suggests a tight labor market and potential inflationary pressures.

Overall, the upcoming non-farm payroll report holds significant importance for understanding the current state of the U.S. economy. By carefully analyzing the data released in this report, economists and investors can gain valuable insights into the health of the labor market and make informed decisions about the future direction of the economy. As the release date approaches, the financial markets will be on edge, eagerly awaiting the results of this key economic indicator.

Non Farm Payroll NFP News Prediction 8th March

As we approach the 8th of March, investors and economists alike are eagerly anticipating the release of the Non Farm Payroll (NFP) report. This report, which is released by the U.S. Bureau of Labor Statistics on the first Friday of each month, provides valuable insights into the state of the U.S. labor market. The NFP report is considered to be a key indicator of economic health and is closely watched by investors as it can have a significant impact on financial markets.

In recent months, the NFP report has shown encouraging signs of growth in the U.S. economy, with strong job gains and a declining unemployment rate. Economists are predicting that this trend will continue into March, with expectations of a solid NFP figure to be released. This positive outlook is based on factors such as strong consumer spending, increased business investments, and overall economic confidence. A strong NFP report would further bolster the case for a healthy U.S. economy and could potentially lead to a rally in the stock market.

However, it is important to note that economic forecasts are never guaranteed and unexpected events can always impact the outcome of the NFP report. Factors such as geopolitical tensions, changes in government policies, or unexpected fluctuations in the labor market could all influence the final NFP figure. As such, it is crucial for investors to stay informed and closely monitor economic data leading up to the release of the NFP report on the 8th of March. Overall, the NFP report is a critical piece of information that provides valuable insights into the state of the U.S. economy and has the potential to impact financial markets around the world.

How I see Non Farm Payroll NFP News Prediction March 8th

The Non-Farm Payroll (NFP) report is a crucial economic indicator that provides valuable insights into the health of the U.S. economy. Released on the first Friday of every month by the Bureau of Labor Statistics, the NFP report measures the number of jobs added or lost in the non-farm sector, excluding agriculture, government, and a few other sectors.

This report is closely watched by investors, economists, and policymakers as it gives a snapshot of the overall employment situation in the country. The NFP report has a significant impact on financial markets, as it can influence monetary policy decisions, interest rates, and investor sentiment.

One of the key impacts of the NFP report is on the stock market. A stronger-than-expected NFP report, indicating robust job growth, can lead to a rise in stock prices as it reflects a healthy economy and increased consumer spending.

On the other hand, a weaker-than-expected report, showing a decrease in job growth or rising unemployment rates, can cause stock prices to fall as it signals economic weakness and potential recession. Investors closely analyze the NFP report to gauge the strength of the economy and make informed decisions regarding their investment portfolios.

Furthermore, the NFP report also affects the foreign exchange market, particularly the value of the U.S. dollar. A positive NFP report often leads to a stronger dollar as it indicates a strong economy and potential interest rate hikes by the Federal Reserve.

On the contrary, a negative NFP report can lead to a weaker dollar as it suggests economic weakness and lower chances of interest rate increases. Traders and currency speculators closely monitor the NFP report and its impact on the dollar’s value to make profitable trading decisions.

In conclusion, the NFP report plays a crucial role in shaping market trends, influencing investor behavior, and providing insights into the overall health of the U.S. economy. In brief, as i see things, the labor market will remain strong.

But because as traders we are fighting to beat the forecast, I am seeing myself selling the USD. This conclusion will be updated, so please visit the website regularly for precisions.

Update on Non Farm Payroll NFP News Prediction March 8th

On investing.com the forecast is 188k and the previous is 353k. With this temporary view from market analysts and economists, we are at the point of saying the upcoming NFP is going to be bullish. But you all have seen the past two NFP news, the forecast got updated a day before the news release.

So, we will keep an eye on the NFP news forecast from inversting.com. If the forecast stays unchanged, we will stay bullish. But if the forecast gets an update, I will update our prediction accordingly. So visit this page sometimes later…

Update No2 on Non Farm Payroll NFP News Prediction March 8th

As we keep an open eye on Friday’s NFP, e have noticed a change of forecast on for this news event on investing.com

From 188k forecast to 190k. But we know for sure is that, the U.S labor market is coolling.

But because our main target is to trade and win, we are looking at beating the forecasts. So we stay bullish on the USD.

Core PCE Price Index News Direction Prediction February 29th . The PCE Price Index is a crucial measure in determining inflation levels and understanding the overall health of an economy. It provides insights into the purchasing power of consumers and helps policymakers make informed decisions regarding monetary policy and economic stability.

Additionally, the PCE Price Index is used by firms and investors to predict inflation and make strategic financial decisions. This index reflects changes in prices of goods and services that are purchased by households, making it a reliable indicator of consumer inflation.

On the other hand, The Core PCE Price Index is a key measure of inflation that focuses on consumer prices while excluding the volatile food and energy components. This index is widely used by central banks, policymakers, and economists as an indicator of underlying inflation trends.

It provides important insights into the overall price levels and helps in assessing the effectiveness of monetary policies in controlling inflation. Furthermore, the Core PCE Price Index is considered to be a more reliable measure of inflation since it removes the impact of temporary price fluctuations in food and energy.

By monitoring the Core PCE Price Index, analysts can get a better understanding of the long-term inflationary pressures in the economy and make informed decisions regarding monetary policy, investment strategies, and forecasting future economic conditions.

In conclusion, the Core PCE Price Index is a crucial metric that provides valuable information about underlying inflation trends and helps in making informed decisions regarding monetary policy and economic forecasting.

“In today’s rapidly changing world, the significance of accurate inflation measures, such as the Core PCE Price Index, cannot be overstated. It serves as a vital tool for policymakers, central banks, and economists to assess the current and future state of inflation and adjust their strategies accordingly.

Additionally, the Core PCE Price Index is particularly relevant for countries like Singapore, where the prices of food and energy items are directly influenced by global commodity market fluctuations and can impact domestic prices.

In Singapore, including these items in the Core PCE Price Index allows policymakers to better understand and address the pass-through of global price changes to domestic prices.” “In today’s rapidly changing world, the significance of accurate inflation measures, such as the Core PCE Price Index, cannot be overstated.

The US Core PCE price index forecast

The US PCE price index is published by the Bureau of Economic Analysis. This is different from the Consumer Price Index, which measures prices in a similar way but places greater weight on the prices consumers actually pay, as opposed to the cost of seller-made goods.

The latter is relevant for macroeconomic analysis because it can be used to make inferences about consumer behavior; if the PCE is rising then consumers might be purchasing less, while if the CPI is rising it is likely consumers are paying more.

There are two types of PCE data: the “current” PCE, which is released on a monthly basis, and “chained” PCE, which is reported with a several-month lag. Chained PCE is the preferred measure because it accounts for changes to the basket consumption in response to changes in relative prices.

Furthermore, the index is “chained” to the value of goods and services prices since 2009, which implies that we should actually interpret the numbers as being in terms of changes, rather than the levels of the index itself.

This is known as the property of “translational invariance” in mathematics, and it makes the series more amenable to estimation using a variety of statistical techniques. So it is the chained PCE that forms the basis of this time series, with the analysis being amended to keep up with new data as it becomes available.

Core PCE Price Index News Direction Prediction February 29th

The main purpose of measuring inflation is to estimate the economy’s economic health. When the inflation is too high, the purchasing power decreases and it could lead to an economic downturn. If the inflation is low, people may delay purchases and the economy will not reach its full potential.

Therefore, it is imperative to use an accurate measure of inflation, so that the Federal Reserve can make good judgments about the interest rates. High core inflation puts pressure on the Federal Reserve to raise interest rates. Likewise, lower core inflation puts pressure on them to lower rates.

Knowing what the core PCE is and how to read its growth is essential in the global economy and in the foreign exchange markets. I will use a combination of fundamental analysis and technical analysis to forecast the movements of the forex pairs. Basic trading theory holds that currencies will rise with high or rising interest rates because higher rates provide better yields for the investors.

On the other hand, as inflation rises, purchasing power decreases. The central bank raises the borrowing rates to keep the inflation in check. Therefore, understanding the US core PCE growth and its significance helped me to understand “when” and “why” the dollar may appreciate and depreciate in the forex markets.

My prediction for the Core PCE Price Index News Direction Prediction February 29th 2024

In the past two months , the US core PCE index has shown neutrality and the PCE year of year was negative of 2.9% from 3.2% previous and the forecast 3%. By analyzing, and keeping an eye on the US economy, we can clearly see that this year the FED surely will give something to the American people.

Speaking less, I assume that the PCE price index of the 29th Feb 2024 is going to be bearish USD based. It will be released under 2.8% forecast for the YoY. And CPE MoM is going to be bullish +0,43%.

Now the question is: what direction is likely to end on the chart? So because I know the MoM is mostly the leader. I will go for a buy no matter what happens or i may stay away and enter the trade in the middle.

Besides the two conflicts, let put in mind that the jobless claims are coming to put some petrol on the fire. Overall i will stay with my decisions.

Core CPI News Direction Prediction February 13th 2024. The core CPI is a measure of inflation that includes only items that are most responsive to changes in economic conditions. It is designed to provide a more timely and accurate measure of inflation than the CPI-U. The upcoming core CPI release will be on February 13, 2024.

And the same time there will news release for the CPI (MoM) and the (YoY). They are all index that measures the change in the price of a basket of goods and services. The MOM is the change in the CPI from one month to the next. The YoY is the year-over-year percentage change in the CPI.

The CPI is traced by collecting prices of a variety of goods and services that are representative of what consumers buy. The BLS uses a sample survey to collect prices from a variety of retailers, including grocery stores, gas stations, department stores, and online retailers. The prices collected are weighted to reflect the spending patterns of different types of households.

The CPI is published monthly by the BLS. The CPI is used by the Federal Reserve to set monetary policy. The Fed uses the CPI to target inflation. The Fed’s goal is to keep inflation at a low and stable level.

Importance of Core CPI News Direction Prediction February 13th 2024 to forex traders

The Core CPI is important to forex traders because it can affect the value of the U.S. dollar. If the Core CPI rises, it suggests that inflation is increasing. This can lead to the Federal Reserve raising interest rates, which can make the U.S. dollar more attractive to investors. Conversely, if the Core CPI falls, it suggests that inflation is decreasing. This can lead to the Federal Reserve lowering interest rates, which can make the U.S. dollar less attractive to investors.

Traders should pay attention to the Core CPI news release because it can provide valuable information about the direction of the U.S. dollar. If the Core CPI is higher than expected, it could signal that the Federal Reserve is likely to raise interest rates, which could lead to the U.S. dollar rising in value. Conversely, if the Core CPI is lower than expected, it could signal that the Federal Reserve is likely to lower interest rates, which could lead to the U.S. dollar falling in value.

Traders should also consider the historical relationship between the Core CPI and the U.S. dollar. In general, the Core CPI has been a good predictor of the direction of the U.S. dollar. However, it is important to note that there are other factors that can affect the value of the U.S. dollar, such as economic growth and political uncertainty.

Overall, the Core CPI is an important indicator that can affect the value of the U.S. dollar. Traders should pay attention to the Core CPI news release and consider the historical relationship between the Core CPI and the U.S. dollar when making trading decisions.

Why to trade Core CPI News Direction Prediction February 13th 2024

The core CPI has been on the rise in recent months, and is expected to continue to increase in the near future. This is due to a number of factors, including rising wages, higher costs for raw materials, and supply chain disruptions.

The increase in the core CPI is likely to be a concern for the Federal Reserve, as it could lead to higher inflation. The Fed may be forced to raise interest rates in order to cool the economy and slow down the pace of inflation.

The core CPI is likely to continue to rise in the near future, and this could be a concern for the Federal Reserve. The Fed may be forced to raise interest rates in order to cool the economy and slow down the pace of inflation.

The Core CPI and The Fed

The core CPI is a metric that the Federal Reserve uses to measure inflation. The Fed uses the core CPI to determine whether or not it is necessary to raise or lower interest rates. If the core CPI is rising, the Fed may raise interest rates to slow down the economy. If the core CPI is falling, the Fed may lower interest rates to stimulate the economy.

Where there is incresed infaltion which is a general increase in prices and, therefore, a decrease in the purchasing power of money. When inflation occurs, it can lead to a number of problems, including:

* Higher costs for goods and services.

* Reduced purchasing power for consumers.

* Increased difficulty for businesses to plan and budget.

* Higher interest rates.

* Increased volatility in financial markets.

* In some cases, social unrest and political instability.

Last month’s core CPI

The core CPI is a measure of inflation that excludes food and energy prices. It is designed to give a better picture of the underlying inflation rate. The core CPI remained at 0.3% in January 2024, up from 0.2% in November 2024.

This increase is likely due to rising costs for goods and services, such as housing, transportation, and medical care. On the other hand, the CPI MoM was 0.3% comparing from 0.1% in December. The CPI YoY was 3.4% from 3.1% in December 2024.

The increase in inflation in the US has become a matter of concern for economists and policymakers. According to the Bureau of Labor Statistics, the inflation rate reached higher since July 2023. This surge in inflation has led to a higher cost of living for consumers, impacting their purchasing power. Additionally, rising inflation puts downward pressure on business profits as labor costs and other expenses increase.

If left unchecked, this prolonged increase in inflation could have long-term negative effects on the economy, such as lower real GDP levels and a loss of standards.

Upcoming Core CPI News Direction Prediction February 13th 2024 what to expect

The upcoming US CPI report provides important insights into the current state of inflation in the country. It is a key indicator that helps policymakers, economists, and investors gauge the level of price changes in the economy.

By analyzing past data and considering various economic factors, experts attempt to predict the direction of future CPI numbers. Sources such as surveys and data from the Federal Reserve Bank of Cleveland are utilized to make these predictions.

Consumer Price Index is a widely used inflation indicator, and the upcoming US CPI report is highly anticipated by market participants. It is important to note that the Federal Reserve closely monitors inflation indicators like the CPI.

In recent years, there have been observations that inflation expectations of households and firms may be less informed by macroeconomic conditions. The upcoming US CPI report is expected to provide a snapshot of the current level of inflation in the country.

The expectations for the upcoming US CPI report are varied. Some experts predict a modest increase in the CPI, while others anticipate a more significant jump. Overall, the expectations for the upcoming US CPI report are mixed. The Federal Reserve Bank of Cleveland provides daily “nowcasts” of inflation for the Consumer Price Index, which can give some indication of where inflation is currently

Core CPI News Direction Prediction February 13th 2024

In the upcoming US CPI data release, analysts expect to see a potential increase in the Consumer Price Index. This is based on various factors such as rising energy prices, supply chain disruptions, and increased demand as the economy continues to recover.

Additionally, there may also be some impact from stimulus measures and government spending. Key Indicators to Watch in the US CPI Update In the US CPI update, key indicators to watch include the price changes in major categories such as food, housing, transportation, and healthcare.

Anticipated Changes in Consumer Price Index In the upcoming US CPI report, there are mixed expectations for changes in the Consumer Price Index. Some experts predict a modest increase in the CPI, while others anticipate a more significant jump.

Impact of Recent Economic Events on US Inflation Rates The upcoming US CPI report will likely reflect the impact of recent economic events on inflation rates. On investing.com the consensu is still released and we expect the releases to start this week.

Our CPI news prediction

The CPI is expected to go up on the USD based currency therefore we will buy… See our report and live traded CPI news on our Youtube channel