NFP in the US rose by 134 Thousand in last month of 2018, continuing the upwardly updated 270. Thousand in summer and went beneath market expectations of 185 Thousand. It is the weakest reading in a year following the devastating Hurricane Florence that hit the Carolinas in the middle of September true weighing on payrolls. Job increases appeared in health care in professional services in business services in transportation and warehousing. Non-Farm Payrolls in the United States averaged 126.93 Thousand from 1939 until 2018, touching an all-time high of 1115 Thousand in September of 1983 according to trading economics website data.
Risk-on due to potential US-China trade agreement
Daily Analysis - 02/11/2018