🔥🔥 Two Important Days
🔥🔥 Two Important US reports.
CPI (Consumer Price Index) and NFP (Non-Farm Payrolls) are two key economic indicators in the United States that significantly influence financial markets.
1️⃣. CPI (Consumer Price Index)
🩸What is it❓
CPI measures the average change over time in the prices paid by urban consumers for a basket of goods and services—essentially, it’s a primary gauge of inflation.
🩸Who publishes it❓
The U.S. Bureau of Labor Statistics (BLS).
🩸When is it published❓
Monthly, typically around the 10th to 15th of each month, covering data from the previous month.
🩸Market Impact:
A higher-than-expected CPI suggests rising inflation, which may lead the Federal Reserve to raise interest rates, often strengthening the USD and pushing stocks lower.
A lower CPI can lead to expectations of rate cuts or easing, often weakening the USD and boosting equities.
2️⃣. NFP (Non-Farm Payrolls)
🩸What is it❓
NFP tracks the number of jobs added or lost in the U.S. economy, excluding farm workers, government employees, and private household workers. It's a key employment indicator.
🩸Who publishes it❓
Also by the U.S. Bureau of Labor Statistics (BLS), as part of the monthly Employment Situation Report.
🩸When is it published❓
On the first Friday of every month, covering employment data from the previous month.
🩸Market Impact:
Strong NFP numbers signal a healthy economy, potentially prompting rate hikes, strengthening the USD, and sometimes hurting stocks due to rate fears.
Weak NFP data can do the opposite: boosting stocks (rate cut hopes) and weakening the dollar.