Live Coverage: Nonfarm Payrolls to rock on-edge markets in first big release of 2025

Bond markets are reeling, uncertainty about Trump's policies is rising – and now comes the first Nonfarm Payrolls release of 2025. Gold, Stocks and the US Dollar are set to rock. Join our live coverage by text or follow Wayne McDonnell's live show:

Join XStreet Premium and ask analysts questions live and Gold alerts, signals and more. 

Nonfarm Payrolls are released at a delicate time

Will the Federal Reserve (Fed) refrain from rate cuts in 2025? That is what some market participants fear after several strong data points. Yet even relatively dovish commentary from Christopher Waller, a Governor at the bank, failed to soothe investors.

Why? The world seems much more uncertain ahead of the inauguration of Donald Trump as US President for the second time. Incessant talk of higher tariffs, military invasions and various contradictory commentary by surrogates about immigration keep markets on edge.

In general, a strong Nonfarm Payrolls (NFP) release would boost the US Dollar even further. Gold would retreat in response to higher Treasury yields, and the yieldless precious metal would suffer. However, Gold enjoys robust demand, and only a major yield surge would inflict significant damage.

Stocks had been rising with upbeat data, but now they are back to a risk-off mode – good news for the economy is bad news for equities. To rise, bad news about the economy are needed. 

All in all, a wild event is due. 

Live financial market coverage

FXStreet covers major economic releases in a live blog format, to provide readers an instant verdict of the data, rapid analysis of key assets, and for Premium members, the abilty to ask our experts questions in real time. 

FXStreet Premium 

FXStreet Premium provides subscribers access to analysts, exclusive actionable analysis, signals, Ed Ponsi's webinars, trade plans and a bullish/bearish indicator for Gold on critical events. Join FXStreet Premium here.