Intraday Market Thoughts
Sandy Falls off a Cliff as Jobs Surprise
by
Dec 7, 2012 16:15
The impact of Hurricane Sandy on US Nov jobs was surprisingly small (NFP +146K from 138k & Unemp rate at 7.7% from 7.9%) but the extent to which business shutdowns continue into December remains to be seen. The 305K decline in the labour force and the 49K in downward revisions over prior 2 NFP months may temper the level of optimism. Charting Sandy vs Katrina & EURUSD Analysis: http://www.cityindex.co.uk/market-analysis/market-news/3334262012/nov-nfp-sandy-hits-a-cliff/ #forex #NFP
Latest IMTs
-
Gold & Silver 38 Pct Retracements
by Ashraf Laidi | May 6, 2026 19:34
-
Bitcoin Update
by Ashraf Laidi | May 5, 2026 14:30
-
JPY Soars & Oil Drops
by Ashraf Laidi | Apr 30, 2026 12:49
-
Gold, Silver & the Fed
by Ashraf Laidi | Apr 29, 2026 14:45
-
Have Stocks Peaked?
by Ashraf Laidi | Apr 27, 2026 14:47
