Tomorrow (Friday) the Non-Farm Payrolls will be announced. Here is what you need to know:
Non-Farm Payrolls (NFP) Employment Change is a vital economic data released shortly after the month ends. The combination of importance and earliness makes for hefty market impacts. Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity. Change in the number of employed people during the previous month, excluding the farming industry.
The Announcement is set to make big impact on trading markets, especially on USD/EURO in FOREX market, and Gold and Silver in the Commodities market.
This specific announcment is going to be even bigger for the U.S economy, if it goes well it will indicate that the U.S economy is getting stronger and healthier and will raise the chance for a rate hike by the U.S Federal Bank.
So be sure to speak with one of our agents to ask them how can you profit from tomorrow's crucial announcment.
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