EUR/USD 1.16561
0.209%
Gold 4450.17
-1.271%
Oil 87.469
-5.386%
USD/JPY 159.337
0.030%
GBP/USD 1.34514
0.035%
GBP/JPY 214.337
0.069%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Iranian state television: Military vessels are not included in this draft agreement.On May 27th, during the Q1 2026 earnings call, Kuaishou (01024.HK) CFO Jin Bing stated that in addition to the HK$3 billion annual dividend for this year, Kuaishou will continue to actively conduct share buybacks. It is expected that the total shareholder return for 2026, including dividends and share buybacks, will further increase compared to last year, raising the shareholder return rate to approximately 4%. Regarding capital expenditure, Jin Bing stated that the company expects capital expenditure of approximately RMB 26 billion in 2026, and the guidance is currently not expected to be adjusted, with most of the capital expenditure anticipated to occur in the first half of the year. Simultaneously, to cope with rising computing power prices, the company has made advance purchases and reserves to better control computing power procurement costs during periods of rising market prices. Despite these capital expenditures, Kuaishous full-year goal remains to maintain positive free cash flow at the group level.On May 27, information from the Hong Kong Stock Exchange showed that Pop Mart (09992.HK) experienced a major change in shareholder equity. Duan Yongping and H&H International Investment, LLC simultaneously increased their holdings in the company, bringing their combined shareholding to 5.69%, triggering mandatory disclosure requirements.On May 27th, during the Q1 2026 earnings call, Cheng Yixiao, founder and CEO of Kuaishou (01024.HK), stated that in March 2026, Keling AIs annualized revenue run rate (ARR) was nearly $500 million, a fourfold increase from $100 million in March of last year. Cheng Yixiao explained that Keling AIs rapid revenue growth in Q1 was primarily driven by both B-end enterprise client API call revenue and P-end paid membership subscription revenue. Keling AI achieved rapid growth in both user numbers and average monthly paid subscriptions. In terms of retention, both B-end enterprise clients and P-end paid members maintained good retention trends, demonstrating Keling AIs technological and product strength in professional content creation scenarios.The weekly change in U.S. ADP employment figures for the week ending May 9 will be released in ten minutes.

What impact does NFP have on the forex market?

LEO

Oct 25, 2021 13:27

Nonfarm payroll employment is a compiled name for goods, construction and manufacturing companies in the US. It does not include farm workers, private household employees, or non-profit organization employees.

It is an influential statistic and economic indicator released monthly by the United States Department of Labor as part of a comprehensive report on the state of the labor market.

The Bureau of Labor Statistics releases data on the first Friday of the month, at 8:30 a.m. Eastern Time. 

This data is analyzed closely because of its importance in identifying the rate of economic growth and inflation.

Nonfarm payroll is included in the monthly Employment Situation or informally the jobs report and affects the US dollar, the Foreign exchange market, the bond market, and the stock market.

The markets react very quickly and most of the time in a very volatile fashion around the time the NFP data is released. The short-term market moves indicate that there is a very strong correlation between the NFP data and the strength of the US dollar. Historical price movement data shows a small negative correlation between the NFP data and the US dollar Index.

The figure released is the change in nonfarm payrolls (NFP), compared to the previous month, and is usually between +10,000 and +250,000 during non-recessional times. The NFP number is meant to represent the number of jobs added or lost in the economy over the last month, not including jobs relating to the farming industry.

As with other indicators, the difference between the actual non-farm data and expected figures will determine the overall impact on the market. If the non-farm payroll is expanding, this is a good indication that the economy is growing, and vice versa. However, if increases in non-farm payroll occur at a fast rate, this may lead to an increase in inflation. In forex, the level of actual non-farm payroll compared to payroll estimates is taken very seriously. If the actual data comes in lower than economists' estimates, forex traders will usually sell U.S. dollars in anticipation of a weakening currency. The opposite is true when the data is higher than economists' expectations.

Suggestion