Key US job report today

No real change on financial markets: equities keep on advancing on optimism about growth, except in Asia where the spread of the variant brings more uncertainty, as restrictive measures are adopted in many places. But overall, optimism is still being fueled by the fact that vaccines seem to offer a good protection. Yet, bond yields are back to their recent lows or declining and the USD is strengthening, which points to fragile confidence. The US job report released today is expected to show a rebound in job creation, but other indicators suggest this rebound could be much stronger than anticipated after two months of negative surprise. The EUR/USD exchange rate has declined further, below 1.1850.

us job market (mom)
Share this news :
Share on twitter
Share on linkedin
Share on email

You might also read :

May 24, 2022

Spot prices up on lower pipeline supply

European spot gas prices increased yesterday, supported by lower pipeline supply. Indeed, Norwegian flows dropped to 305 mm cm/day on average (compared to 325 mm…
September 10, 2021

Prices continued to rise

European gas prices extended gains yesterday, still supported by concerns on weak supply and low stock levels. Russian flows were slightly up, averaging 297 mm…
Join EnergyScan

Get more analysis and data with our Premium subscription

Ask for a free trial here

Subscribe to our newsletter

Don’t have an account yet?  Sign up here!