What you need to know before trading futures tomorrow, September 1st 2023
by Ilan Levy-Mayer, VP
- NFP is tomorrow! Non Farm Payrolls also known as employment numbers. Big report regardless, even bigger impact of this one after the fed’s words in Jackson Hole. This is a market moving event and we expect high volatility, right before, during and right after.
- ISM will be released 90 minutes after the NFP!
- Tomorrow is the first day of Q4 as well as the Friday before Labor Day, expect higher volatility than normal.
- Labor day is here, see modified trading schedule HERE
Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.
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09-01-2023
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This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.