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NFP Today! The Schedule, Expectation and here is a "Trading Tip" by Fidelis CM
One of the biggest economic events of the month!
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Get ready to trade Nonfarm Payrolls with Fidelis Capital Markets
U.S. NON FARM PAYROLLS
| Previous | 156k |
|---|---|
| Forecast | 175k |
| Release Date | November 4th, 2016 |
| Release Time | 14:30 (GMt+2) |
Nonfarm Payrolls measures the number of new jobs created during the previous month, in all non-agricultural business.
The monthly changes in payrolls can be extremely volatile, due to its high relation with economic policy decisions made by the Central Bank.
Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity.
Trading Tip
During the high market volatility, traders get opportunity for profitable trading.
Make sure your trading account is well funded and you are ready to trade U.S Nonfarm Payrolls.
