What to expect? Non-Farm Payrolls report by US Labor Department this Friday!

July 4, 2017

Ttomorrow at 4:00 PM (GMT+0): Traders Are Waiting For Non-Farm Payrolls. Here’s why. Do not miss this webinar!

What to expect? Non-Farm Payrolls report by US Labor Department this Friday!

With just two weeks left before the Federal Reserve’s next monetary policy decision, this Friday’s Labor and Unemployment data for the month of June is expected to shake up markets. Considered one of the major indicator that US Federal Reserve policymakers use in their monetary policy decisions, the upcoming Non-Farm Payrolls report will be closely watched by many market participants.

The US economy created fewer jobs than expected in May. According to the US Labor Department, nonfarm payrolls’ previous figure came in at 138,000 jobs while unemployment rate fell to 4.3%. The consensus forecast predicted it to remain unchanged at 4.4%. June’s NFP figure is expected to be 179K, and considering the Fed’s rate tightening actions and recent pull back in its hawkish tones, the release will probably end up changing market sentiment if we were to get a strong surprise in either direction.

Want to learn more about this major market event? Sign up for our special webinar to learn why traders pin the Non-Farm Payrolls to their economic calendar.

The webinar will take place on Wednesday 5 July 2017 at 3:00 PM (GMT +0).

Learn more with Fortrade – Be prepared for market volatility – Trade with more confidence!

Register to Webinar Now

Need help?

If you have any questions or need more information, please feel free to contact the customer support department via phone, email or chat. Fortrade’s customer support is at your service Monday through Friday, from 9h to 21h (London time).

See more Fortrade

50 USD for Free

123 USD for Free

$30 for Free

3500 USD for Free

88,8 USD for Free

up to $1000 for Free

Partner brands