Get Ready For The Month’s Top Market Event: US Jobs Report!
This article is originally referred from Fortrade News.
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!
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Original Source: Fortrade News