Non-Farm Payrolls (NFP) Employment Change is a vital economic data released on the first Friday of every month. The combination of importance and earliness makes for hefty market impacts.
It's crucial data becuase Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity. This announcment shows the change in the number of employed people during the previous month, excluding the farming industry.
The Announcement can make a big impact on trading markets, especially on the USD and EURO currencies in the FOREX (Foreign Exchange) market, and on Gold and Silver in the Commodities market.
Make sure to speak with our agents now in order to trade before the announcment.
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