📅 MACRO HIGHLIGHTS — FRIDAY, NOVEMBER 6 🇺🇸
🔥 An especially important day for U.S. markets, with the release of the October employment report.
⏰ 14:30 — NONFARM PAYROLLS (NFP)
• Forecast: 65K
• Previous: 29K
👉 Measures job creation outside the agricultural sector. It is one of the most important indicators for assessing the strength of the labor market.
⏰ 14:30 — UNEMPLOYMENT RATE
• Forecast: 4.2%
• Previous: 4.2%
👉 Measures the percentage of unemployed people in the labor force. It helps assess the employment situation.
⏰ 14:30 — AVERAGE HOURLY EARNINGS (MONTHLY)
• Forecast: +0.3%
• Previous: +0.1%
👉 Measures wage growth. Strong growth could keep inflationary pressures elevated.
⚠️ FOR OUR TRADING
🔥🔥🔥 14:30 — KEY VOLATILITY WINDOW
All three indicators will be released simultaneously, which could trigger sharp moves and reversals.
📌 What should we watch?
• Stronger-than-expected employment could lower expectations for Fed rate cuts.
• Weaker employment could raise expectations for a more accommodative monetary policy.
• Wages will also be important because of their link to inflation.
👀 Pay special attention to:
📈 Nasdaq / S&P 500
💵 Dollar
🥇 Gold
The reaction will depend on the combination of results and how the market interprets them. No direction is guaranteed.
🔥 An especially important day for U.S. markets, with the release of the October employment report.
⏰ 14:30 — NONFARM PAYROLLS (NFP)
• Forecast: 65K
• Previous: 29K
👉 Measures job creation outside the agricultural sector. It is one of the most important indicators for assessing the strength of the labor market.
⏰ 14:30 — UNEMPLOYMENT RATE
• Forecast: 4.2%
• Previous: 4.2%
👉 Measures the percentage of unemployed people in the labor force. It helps assess the employment situation.
⏰ 14:30 — AVERAGE HOURLY EARNINGS (MONTHLY)
• Forecast: +0.3%
• Previous: +0.1%
👉 Measures wage growth. Strong growth could keep inflationary pressures elevated.
⚠️ FOR OUR TRADING
🔥🔥🔥 14:30 — KEY VOLATILITY WINDOW
All three indicators will be released simultaneously, which could trigger sharp moves and reversals.
📌 What should we watch?
• Stronger-than-expected employment could lower expectations for Fed rate cuts.
• Weaker employment could raise expectations for a more accommodative monetary policy.
• Wages will also be important because of their link to inflation.
👀 Pay special attention to:
📈 Nasdaq / S&P 500
💵 Dollar
🥇 Gold
The reaction will depend on the combination of results and how the market interprets them. No direction is guaranteed.