United States publish employment data

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The US Bureau of Labor Statistics has just published the US monthly employment data. The data sets have revealed. Major increases in employment numbers, but no changes in salaries.

The Average Hourly Earnings were expected to increase by 0.3% and hit the forecast. Non-Farm Employment Change forecast was 193,000, but turned out to be at 517,000. The Unemployment Rate was expected to be at 3.6%. Actual number is 3.4%.

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The European Central Bank has just increased its Main Refinancing Rate from 2.50% up to 3.00%. In addition, the central bank has published its Monetary Policy Statement. Note that the management of the ECB is set to host a Press Conference at 13:45 GMT. The journalist question and answer section usually create major Euro volatility.

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