Posted at 11 February 2026 / Categories Market Roundups
Market Roundup
•US Average Hourly Earnings MoM (Jan): 0.4%, 0.3% forecast, 0.1% previous.
•US Nonfarm Payrolls (Jan): 130K, 66K forecast, 48K previous.
•US Unemployment Rate (Jan): 4.3%, 4.4% forecast, 4.4% previous.
•Canada Building Permits MoM (Dec): 6.8%, 4.9% forecast, -13.2% previous.
•US Private Nonfarm Payrolls (Jan): 172K, 70K forecast, 64K previous.
•US U6 Unemployment Rate (Jan): 8.0%, 8.4% previous.
•US Average Hourly Earnings YoY (Jan): 3.7%, 3.6% forecast, 3.7% previous.
•US Participation Rate (Jan): 62.5%, 62.4% previous.
•US Payrolls Benchmark n.s.a. (2025): 181.00K, -911.00K previous.
•US Manufacturing Payrolls (Jan): 5K, -5K forecast, -8K previous.
•US Government Payrolls (Jan): -42.0K, -16.0K previous.
•US Average Weekly Hours (Jan): 34.3, 34.2 forecast, 34.2 previous.
•US Payrolls Benchmark (2025): 584.00K, -589.00K previous.
Looking Ahead Economic Data (GMT)
•23:50 Japan PPI (MoM) (Jan): 0.2% forecast, 0.1% previous
•23:50 Japan PPI (YoY) (Jan): 2.3% forecast, 2.4% previous
•23:50 Japan Foreign Bonds Buying: 713.7B. previous
•23:50 Japan Foreign Investments in Japanese Stocks: 494.6B previous
Looking Ahead Events And Other Releases (GMT)
•No Events Ahead
Currency Summaries
EUR/USD : The euro dipped on Wednesday as greenback firmed following surprisingly strong employment data that suggested underlying U.S. economic health.US Nonfarm payrolls increased by 130,000 jobs last month after a downwardly revised 48,000 rise in December, the Labor Department's Bureau of Labor Statistics said on Wednesday. Economists polled had forecast payrolls advancing by 70,000 jobs. Estimates ranged from a loss of 10,000 jobs to a gain of 135,000 positions. The unemployment rate fell to 4.3% in January from 4.4% in December. The dollar rose 0.13% to 0.769 against the. The euro down 0.13% against the dollar at $1.1879. Immediate resistance can be seen at 1.1872(38.2%fib), an upside break can trigger rise towards 1.1974(Jan 30th high).On the downside, immediate support is seen at 1.1783(SMA 20), a break below could take the pair towards 1.1724(50%fib).
GBP/USD: Sterling declined on Wednesday as dollar firmed data showed the U.S. economy created far more jobs than expected in January, which could make it more difficult for the Federal Reserve to keep cutting rates this year.Labor Department data showed 130,000 workers were added to nonfarm payrolls in January, well above forecasts for a rise of 70,000, while both November and December were revised down a touch.The unemployment rate ticked lower to 4.3% from 4.4% in December, below forecasts for a reading of 4.4%. Part of the better-than-expected increase in payrolls was because seasonally sensitive industries like retailers and delivery companies hired fewer holiday workers than usual last year. January is typically the biggest month for holiday-related layoffs. Immediate resistance can be seen at 1.3663(38.2%fib), an upside break can trigger rise towards 1.3733(Feb 4th high).On the downside, immediate support is seen at 1.3583 (SMA 20), a break below could take the pair towards 1.3512(50%fib).
USD/CAD: The Canadian dollar weakened against the U.S. dollar on Wednesday as stronger-than-expected U.S. jobs data reduced expectations for Federal Reserve interest rate cuts, offsetting higher oil prices. U.S. job growth unexpectedly accelerated in January, while the unemployment rate declined to 4.3%, signaling continued labor market resilience. The solid employment data could give the Federal Reserve scope to keep interest rates unchanged for the time being as policymakers assess the inflation outlook.Labor Department data showed nonfarm payrolls increased by 130,000 in January, surpassing forecasts for a 70,000 gain, although job figures for both November and December were slightly revised lower. Immediate resistance can be seen at 1.3621 (Daily high), an upside break can trigger rise towards 1.3680 (38.2%fib).On the downside, immediate support is seen at 1.3483(23.6%fib), a break below could take the pair towards 1.3443 (Lower BB).
USD/JPY: The U.S. dollar initially dipped on Wednesday but recovered some ground as dollar briefly cut its losses US labor data. U.S. job growth accelerated in January and the unemployment rate fell to 4.3%, signs of labor market stability that could give the Federal Reserve room to keep interest rates unchanged for some time while policymakers monitor inflation. Nonfarm payrolls increased by 130,000 jobs last month after a downwardly revised 48,000 rise in December, the Labor Department's Bureau of Labor Statistics said on Wednesday. Economists polled by had forecast payrolls advancing by 70,000 jobs. Estimates ranged from a loss of 10,000 jobs to a gain of 135,000 positions. The yen was last up nearly 0.5% on the day at 153.4 per dollar, having traded at 153.6 right before the U.S. jobs report . Immediate resistance can be seen at 153.65(50%fib) an upside break can trigger rise towards 154.00(Psychological level) .On the downside, immediate support is seen at 151.89 (Lower BB) a break below could take the pair towards 151.29 (Lower BB).
Equities Recap
European shares closed at a record high on Wednesday, with gains in commodity-linked stocks offsetting declines in technology and financial sectors, as investors digested a robust U.S. jobs report.
UK's benchmark FTSE 100 closed up by 1.14 percent, Germany's Dax ended down by 0.53 percent, France’s CAC finished the day down by 0.18 percent.
The Nasdaq and Dow edged lower on Wednesday, while the S&P 500 ended flat, as stronger-than-expected jobs data eased economic concerns but reinforced expectations that the Federal Reserve may slow the pace of interest-rate cuts.
Dow Jones closed down by 0.13 percent, S&P 500 closed down by 0.01 percent, Nasdaq settled down by 0.16 percent.
Commodities Recap
Gold prices climbed more than 1% on Wednesday, supported by steady long-term buying that helped the metal regain traction after briefly trimming gains as markets digested a strong U.S. jobs report.
Spot gold was up 1% at $5,074.29 per ounce by 11:28 a.m. ET, having earlier touched $5,118.47 before easing slightly.
U.S. gold futures for April delivery settled 1.3% higher at $5,098.50 per ounce.
Oil prices rose about 1% on Wednesday, driven by concerns over escalating tensions between Iran and the United States ahead of renewed negotiations, though gains were capped by a weekly report showing a sharp increase in U.S. crude inventories.
Brent crude oil futures settled 60 cents, or 0.87%, higher at $69.40 a barrel. U.S. West Texas Intermediate crude gained 67 cents, or nearly 1.05%, to $64.63.