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Economic and fundamental developments 01-04-2022 US session

1 Apr 2022 04:42 PM
  • The US non-farm payrolls report showed that 431,000 jobs were added last month, undershooting the 490,000 forecast. The February report was revised higher to 750,000 from 678,000. The unemployment rate dropped from 3.8% to 3.6%.
  • Stock markets are higher as the sentiment surrounding the Ukraine-Russia situation has improved.
  • The US dollar index hit a four day high following the well-received US non-farm payrolls report. EUR/USD and GBP/USD are in the red.
  • Gold and silver are down on the day on account of the higher US dollar.

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