NFP Release & April Jobs Data! Focus on US Dollar, Stocks and Bonds
Get Ready For The Month’s Top Market Event: US Jobs Report!
US Dollar, Stocks and Bonds In Focus Ahead Of April Jobs Data
The April jobs report is coming out on Friday at 12:30 GMT – a week after Trump celebrates his first 100 days in office. The question the report seeks to answer is this: just how strong is the U.S. economy, and will it keep growing at its sluggish pace?
In March, the rate of hires fell drastically: Only 98,000 jobs were added, much below February’s 235,000 figure. Conversely, unemployment fell from 4.8% in January to 4.7% in February and to 4.5% last month.
Wall Street analysts are predicting a slight tick up in the unemployment rate to 4.6% and an addition of 193,000 new jobs for April.
Capitalise on the US markets that will exhibit high volatility!
*Your capital is at risk. For general information only. Not intended to provide trading or investment advice.
How to start Fortrading?
- Online CFD Trading Log in to your Fortrade Account using your email (username) and password.
- Search for the tradable instrument inside the platform.
- Click BUY or SELL to open a trading position.