Market Update: French Final Private Payrolls Continue to Grow Slowly
Arslan Butt•Tuesday, December 11, 2018•1 min read
French Final Private Payrolls show a change in the number of employed people, excluding the farming industry and government. As per the recent report, France net payroll job creation reached +15,000 (that is +0.1%), after +15,900 in the previous quarter.
Payroll employment declined again in the public sector (-7,400), and increased slowly again in the private sector (+22,400). It’s a negative news from the trading point of view, but the EUR/USD is steady at $1.1366, showing a muted response to the release.
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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