NFP - Trump's tariff policy raises concerns

2025-01-10
Summary:

Job creation in November rebounded as the Boeing strike and Southeast hurricanes eased, according to the BLS. Worker pay rose 0.4% month-over-month.

Dec NFP


10/1/2025 (Fri)


Previous (Nov):227k Forecast: 160k


Job creation in November bounced back from the prior month as the effects of a strike at Boeing and hurricanes in the Southeast receded, the BLS said. Worker pay continued to rise, up 0.4%emonth on month.


Nonfarm payrolls increased by 227,000 for the month, compared with an upwardly revised 36,000 in October and a consensus estimate for 214,000. The unemployment rate edged higher to 4.2% as expected.


Despite rosy business sentiment, Trump promises to raise tariffs on imports and carry out mass deportations of migrants have raised concerns of higher prices and labour supply disruptions.

NFP

Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by EBC or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.

USD/CHF Slides to 14-Year Lows as Dollar Weakness Deepens

USD/CHF Slides to 14-Year Lows as Dollar Weakness Deepens

USD/CHF hits 14-year lows as dollar weakness persists; soft US data and Swiss franc strength drive the pair below the key 0.8000 level.

2025-07-01
KOSPI Index Performance: Gains 0.58% to 3,089.65

KOSPI Index Performance: Gains 0.58% to 3,089.65

KOSPI rises 0.58% to 3,089.65 as Asian markets show mixed signals. Hong Kong's Hang Seng falls 0.87% while India's manufacturing hits 14-month high.

2025-07-01
Pound steady on more trade deal progress

Pound steady on more trade deal progress

Sterling hovers near a 4-year high amid trade hopes and fiscal concerns, though economic signals suggest a possible pullback.

2025-07-01