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Global stocks tumbled as mixed U.S. jobs data reignited uncertainty over interest rates, sending investors fleeing risk assets despite...

MSCI's broadest index of Asia-Pacific shares outside Japan holds flat and is down 0.4% for the week. Japan's Nikkei drops 0.9% although it is set for a weekly rise of 1.2%.

US jobs report November shows weak hiring, job losses in October, and unemployment rising to 4.6% amid federal cuts and policy uncertainty.

US payrolls due Apr 3; consensus +200,000 jobs and 3.8% unemployment. Fed path and China PMI will likely trigger volatile moves in yields and cyclicals this week.

Economists expect the Bureau of Labor Statistics to revise its jobs data downward for the year ended in March 2025. Here's why.

Asian stocks opened the week on edge as traders brace for U.S. earnings, delayed jobs data, shifting rate expectations, and heightened...

US job numbers revised down by 258,000 for May & June. Revisions, though larger than usual, are sta...

The January 2025 employment report is due from the US on Friday, May 2, 2025, at 0830 US Eastern time, 1330 GMT. You can see the consensus estimate in the screenshot below: * The number in the right-most column is the 'prior' (previous month) result. * The number in the column next to that, where there is a number, is the consensus median expected. * This snapshot from the ForexLive economic data calendar, access it here. Taking a look at the range of expectations compared to the median consensus (the 'expected' in the screenshot above) for the key data points: Headline NFP number: * 25,000 to 195,000 Unemployment rate: * 4.1% to 4.3% Average hourly earnings m/m: * 0.2% to 0.4% Average hourly earnings y/y: * 2.8% to 3.9% *** Why is knowledge of such ranges important? Data results that fall outside of market low and high expectations tend to move markets more significantly for several reasons: * Surprise Factor: Markets often price in expectations based on forecasts and previous trends. When data significantly deviates from these expectations, it creates a surprise effect. This can lead to rapid revaluation of assets as investors and traders reassess their positions based on the new information. * Psychological Impact: Investors and traders are influenced by psychological factors. Extreme data points can evoke strong emotional reactions, leading to overreactions in the market. This can amplify market movements, especially in the short term. * Risk Reassessment: Unexpected data can lead to a reassessment of risk. If data significantly underperforms or outperforms expectations, it can change the perceived risk of certain investments. For instance, better-than-expected economic data may reduce the perceived risk of investing in equities, leading to a market rally. * Triggering of Automated Trading: In today’s markets, a significant portion of trading is done by algorithms. These automated systems often have pre-set conditions or thresholds that, when triggered by unexpected data, can lead to large-scale buying or selling. * Impact on Monetary and Fiscal Policies: Data that is significantly off from expectations can influence the policies of central banks and governments. For example, in the case of the NFP due today, a weaker jobs report will fuel speculation of sooner Federal Open Market Committee (FOMC) rate cuts to come. A stronger report will diminish such expectations, with the Fed on hold for longer. * Liquidity and Market Depth: In some cases, extreme data points can affect market liquidity. If the data is unexpected enough, it might lead to a temporary imbalance in buyers and sellers, causing larger market moves until a new equilibrium is found. * Chain Reactions and Correlations: Financial markets are interconnected. A significant move in one market or asset class due to unexpected data can lead to correlated moves in other markets, amplifying the overall market impact. This article was written by Eamonn Sheridan at www.forexlive.com.

Asian Stocks to Rise as Weak US Jobs Fuel Fed Bets: Markets Wrap  Bloomberg

Investing.com - A soft U.S. jobs report bolsters the case for the Federal Reserve to roll out an interest rate reduction as soon as its next meeting in September, according to analysts at Nomura. Last week, figures from the Bureau of Labor Statistics showed that the U.S. added fewer jobs than anticipated in July. However, much of the reaction to Friday’s report swirled around its heavy downward revisions to numbers from June and May, which indicated that the economy’s resilience since President Donald Trump’s announcement of elevated "reciprocal" tariffs on April 2 was not as strong as it had seemed. Stocks fell in the wake of the jobs data, with sentiment also pinned down by Trump’s decision to roll out new heightened tariffs on a range of countries late on Thursday. Trump further exacerbated concerns over the data when he announced the firing of the commissioner of the BLS, citing, without providing evidence, his belief that the numbers were "rigged." A replacement is expected to revealed over the next three to four days, the president said on Sunday. In a note, the Nomura analysts argued that, if the BLS data had been released prior to the Fed’s last interest rate decision on Wednesday, the central bank would have slashed borrowing costs. Flagging the need to see more data to determine the impact of Trump’s tariffs on the wider economy, the Fed kept rates steady at a range of 4.25% to 4.5%. Although media reports have suggested that many Fed officials have yet to become more dovish following the jobs report, markets are now widely pricing in a rate reduction at the conclusion of the central bank’s September 16-17 gathering. According to CME’s FedWatch Tool, the chances of a quarter-point cut next month stand at nearly 80%. "[U]nless economic data improves much more than expected by the next meeting in September, a rate cut decision then seems like a natural decision," the Nomura analysts wrote. "That said, monetary policy views and market views will differ significantly depending on whether this sharp slowdown in payroll gains over the past three months is seen as the result of corporate activity halted temporarily due to the tariff shock or as a sign of weak consumer spending and investment activity that will worsen further going forward." With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities. In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

Global stock index sinks with dollar, bond yields after weak US jobs data  Reuters

European stocks set to open higher as traders monitor UK turbulence, await U.S. jobs report  CNBC