The latest US jobs data has just been released, with the non farm payroll figure coming in at 255,000.

This is a steep rise from the 180,000 expected by analysts prior to the release. The USA’s unemployment rate came in at 4.9 percent.

The unexpectedly high figure suggests stronger wages and brings discussion of a Fed rate hike back into play, with a rate increase looking more likely in the not too distant future.

05/08/2016