November 4th, 2021 Filed under Day Trading, Future Trading News, futures trading education | Comment (0)
Dear Futures Trader,
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NFP – Non Farm Payroll report out tomorrow at 5:30 AM ( lucky us on the west coast….) or 8:30 AM Eastern time.
This is probably the most watched market report each month and a market mover across the board!
Do your homework, be ready and if in doubt, stay out….
Source Bureau of Labor Statistics
) Measures Change in the number of employed people during the previous month, excluding the farming industry; Usual Effect’ Actual’ greater than ‘Forecast’ is good for currency;
Frequency Released monthly, usually on the first Friday after the month ends; Next Release Dec 3, 2021
FF Notes This is vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts;
Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity;
Also Called Non-Farm Payrolls, NFP, Employment Change;
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January 5th, 2017 Filed under Future Trading News | Comment (0)
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* Market Moving Report Tomorrow!
Friday, January 6th
US December Non-Farm Payroll Report
Friday 08:30 EST /13:30GMT (US) Dec Change in Non-farm Payrolls
(US) Dec Change in Private Payrolls
(US) Dec Change in Manufacturing Payrolls
Last month the November unemployment rate fell to a nine-year low of 4.6% and underemployment also dropped to a pre-crisis low. The pace of payroll gains was in line with expectations at a healthy 178K, enough to support the Fed decision to raise rates in December.
This Friday’s data is expected to show unemployment ticked up to 4.7% and another 175K net job gains. That should keep expectations on track for more Fed rate hikes later this year and continue to support the strengthening trend in the US dollar.
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