š„š„ Two Important Days
š„š„ 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.
1ļøā£. CPI (Consumer Price Index)
š©øWhat is itā
CPI measures the average change over time in the prices paid by urban consumers for a basket of goods and servicesāessentially, itās a primary gauge of inflation.
š©øWho publishes itā
The U.S. Bureau of Labor Statistics (BLS).
š©øWhen is it publishedā
Monthly, typically around the 10th to 15th of each month, covering data from the previous month.
š©øMarket 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.
2ļøā£. NFP (Non-Farm Payrolls)
š©øWhat is itā
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.
š©øWho publishes itā
Also by the U.S. Bureau of Labor Statistics (BLS), as part of the monthly Employment Situation Report.
š©øWhen is it publishedā
On the first Friday of every month, covering employment data from the previous month.
š©øMarket 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.