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May 3, 2021
NFP early insight: 1M jobs on tap? The consensus estimate for Friday’s report is 975k net new jobs, which would mark the strongest reading on the US labor market in the last eight months. Share: With bank holidays in the UK, Japan, and China today, it’s not surprising that most major markets have gotten off to a slow start to the trading week. That said, trading activity is likely to pick up sharply as the week rolls on, culminating i...
March 4, 2021
NFP preview: When will jobs growth get back into gear? We dive into the key leading indicators for Friday’s critical jobs report and evaluate potential FX trade candidates below! Share: Overview After a blistering recovery from the pandemic-induced recession through Q2 and Q3 of last year, the US labor market has downshifted sharply. Over the last three months, the NFP report has shown total job creation of just 86k jobs, a pitiful pac...