What did the US jobs report show and why does it matter?

December’s US jobs report showed 50,000 nonfarm payrolls and 4.4% unemployment, below expectations. Softer revisions supported the case for mid‑2026 Fed rate cuts. Slower hiring with stable yields is usually supportive for equities and can weigh on the US dollar at the margin, though inflation data will shape the next leg.

How should Singapore traders approach USD/SGD after the jobs miss?

Expect choppy but contained moves as markets price gradual cuts. A mild USD drift lower is possible if inflation cooperates. Consider partial USD/SGD hedges on US equity exposure, place entries around key levels, and use event calendars like forex factory to avoid slippage around CPI, retail sales, and Fedspeak.

Which S&P 500 technical levels are most important now?

Watch resistance near 6,920 and the year high around 6,978. Initial support is near 6,892, then the 50‑day average around 6,817. RSI near 57 signals positive momentum, while ADX near 12 shows a weak trend. Confirmation requires volume. Use stops below support and scale into positions on dips.

How can forex factory help my weekly prep?

Use it to track high-impact data like CPI, claims, and retail sales, plus FOMC speakers. Align entries and exits away from volatile release windows. Combine the calendar with S&P 500 levels and USD/SGD ranges to size trades, set stops, and manage hedges with a clear, rule-based plan.

Global Market Insights

^GSPC Today, January 11: 50k Payrolls Keep Mid‑Year Fed Cuts in Play

ByDanny Kontos January 11, 2026January 11, 2026

Forex factory traders got a clear signal today. The US jobs report showed 50,000 nonfarm payrolls in December with unemployment at 4.4%, keeping mid-2026 Fed rate cuts in play. Equity futures firmed and Treasury yields stayed steady, supporting risk appetite into Asia. For Singapore investors, the S&P 500 (^GSPC) sits near key technical levels while USD/SGD remains a key driver of returns in SGD terms. We map the implications for stocks, FX, and positioning this week with clear levels and a simple plan.