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Benzinga Market Primer: Friday, July 5: Non-Farm Payrolls Edition
Friday, July 5, 2013 - 7:22am | 816Futures Rise Into Payrolls, Central Bank Guidance As Metals Plummet U.S. equity futures rose into the much anticipated Employment Situation Report. Non-Farm Payrolls are expected to have gained 161 thousand in June, below the pace set in May, but the unemployment rate is expected to tick down to 7...
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ISM Non-Manufacturing Index Slumps in June But Employment Gains Accelerate
Wednesday, July 3, 2013 - 11:26am | 492The ISM Non-Manufacturing Index, the broad index of services activity in the United States, slipped in June to 52.2 from 53.7 in May. Economists surveyed by Reuters had forecast a reading of 53.7. Output Drops The broad measure of the health of the services economy across the U.S. dropped in June...
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ISM Manufacturing Index Rises In June As New Orders, Production Rise, Employment Falls
Monday, July 1, 2013 - 11:03am | 426The widely watched ISM Manufacturing Index, the broad measure of monthly manufacturing activity in the United States, rose in June after showing contraction in May. The report also hinted that manufacturing payrolls declined sharply in the month in a sign that Friday's employment report will show...
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Weekly Preview: Economics, Employment Report, Fed to Drive Markets In Shortened Week
Friday, June 28, 2013 - 4:07pm | 1138In the upcoming week, markets will eye key economic data points in the shortened week due to the Fourth of July holiday. To note, markets will be closed on Thursday and Wednesday is a shortened trading day for equities. Key Earnings The only notable company to report earnings next week is...
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Non-Farm Payrolls Beat Expectations But Unemployment Rate Ticks Up Unexpectedly as Labor Force Grows
Friday, June 7, 2013 - 9:08am | 453Total nonfarm payroll employment increased by 175 thousand in May, and the unemployment rate was essentially unchanged at 7.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in professional and business services, food services and drinking places, and retail trade....
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Benzinga Market Primer: Friday, June 7
Friday, June 7, 2013 - 6:43am | 1106Futures Slightly Lower Ahead of Non-Farm Payrolls U.S. equity futures traded slightly lower ahead of the Employment Situation Report early Friday as Japanese shares continued to approach bear market territory. The Nikkei Index briefly traded in bear market territory, meaning the index declined 20...
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Non-Farm Payrolls Preview: Job Growth Expected to Maintain Slow Pace, Unemployment Expected to Remain Flat
Thursday, June 6, 2013 - 2:25pm | 519Tomorrow brings the all important Employment Situation Report, when the Bureau of Labor Statistics (BLS) will announce job growth figures for the month of May. Markets eagerly await the data release as it tends to be one the biggest data points released each month. Payroll Growth Economists...
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ISM Manufacturing Index Drops in May, Shows Contraction
Monday, June 3, 2013 - 10:44am | 878The ISM Manufacturing Index was released Monday morning and it showed that the manufacturing sector contracted in May. The Index came in at 49.00, less than April's 50.7 and below the consensus forecast of a reading of 51.0. Comments from the ISM were also negative, especially those looking-...
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Weekly Preview: Non-Farm Payrolls, Global PMIs In Focus
Friday, May 31, 2013 - 4:38pm | 2017In the upcoming week, all eyes will be on key economic data both domestically and around the world and markets will be especially sensitive to the effect of these data points on Fed policy. Concerns over Fed tapering its Quantitative Easing program sent markets whip-sawing in the previous week and...
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Benzinga Market Primer: Tuesday, May 7
Tuesday, May 7, 2013 - 6:29am | 1146Futures Flat Following RBA Rate Cut, European Bank Earnings U.S. equity futures traded near flat following a surprise rate cut from the Reserve Bank of Australia while earnings from three of Europe's largest banks reported better than expected earnings. However, futures awaited key earnings from...
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Benzinga Market Primer: Monday, May 6
Monday, May 6, 2013 - 6:46am | 1003Futures Sightly Higher on Economic Data U.S. equity futures rose slightly in early pre-market trade following the strong employment report from the U.S. and better than expected services data from the EU. Notably, Japanese and U.K. markets were closed overnight. Top News In other news around the...
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Benzinga Market Primer: Friday, May 3: Non-Farm Payrolls Edition
Friday, May 3, 2013 - 6:24am | 1140Futures Lower Ahead of Non-Farm Payrolls, Lower EU Outlook U.S. equity futures traded lower in early pre-market trade ahead of the Non-Farm Payrolls report for April and following the EU Commission cutting its growth forecasts. Looking at Non-Farm Payrolls, economists surveyed by Bloomberg are...
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Weekly Preview: Focus Shifts from Earnings to Economy
Friday, April 26, 2013 - 4:35pm | 2651In the upcoming week, the focus of markets will gradually shift from earnings to the economy, especially later in the week, as key reports including the ECB rate decision and the U.S. Non-Farm Payrolls report are expected to be released. Key Earnings In the coming week, key earnings from Facebook...
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Benzinga Market Primer: Monday, April 8
Monday, April 8, 2013 - 6:40am | 796Futures Creep Higher Despite Korean Tensions, Weak Payrolls U.S. equity futures crept higher in early pre-market trade Monday despite North Korea increasing rhetoric over a missile test and following Friday's much weaker than expected Non-Farm Payrolls report. It is widely expected that North...
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Benzinga Market Primer: Friday, April 5: Non-Farm Payrolls Edition
Friday, April 5, 2013 - 6:23am | 720Futures Slightly Lower Ahead of Employment Report U.S. equity futures declined in early pre-market trade ahead of the much anticipated Employment Situation Report from the Bureau of Labor Statistics. The average of economists surveyed by Bloomberg is expecting 193,000 jobs added, with the most...