🚨 Reminder: U.S. labor market data is released today in about an hour
Markets are watching the jobs report, and there are two important figures to keep an eye on:
🇺🇸 Unemployment rate
- Previous: 4.2%
- Forecast: 4.2%
🇺🇸 Change in nonfarm payrolls (NFP)
- Forecast: Around 65,000 jobs added
- Previous: 29,000 jobs
How might the markets react?
📉 If unemployment rises and job growth is weaker than expected, expectations of Fed tightening may ease, which could support riskier assets.
📈 If the data is stronger than expected, bond yields and the dollar may rise, putting more pressure on stocks and crypto.
If the results are mixed, we may see volatile moves in both directions.
⚠️ My advice: Be careful during this hour, especially if you have trades with tight stop-losses. Don’t let short-term volatility take you out of the market at an unplanned loss.
$BTC 👀 👇
#CanUSStocksReboundAfterNonfarmPayrolls?
Markets are watching the jobs report, and there are two important figures to keep an eye on:
🇺🇸 Unemployment rate
- Previous: 4.2%
- Forecast: 4.2%
🇺🇸 Change in nonfarm payrolls (NFP)
- Forecast: Around 65,000 jobs added
- Previous: 29,000 jobs
How might the markets react?
📉 If unemployment rises and job growth is weaker than expected, expectations of Fed tightening may ease, which could support riskier assets.
📈 If the data is stronger than expected, bond yields and the dollar may rise, putting more pressure on stocks and crypto.
If the results are mixed, we may see volatile moves in both directions.
⚠️ My advice: Be careful during this hour, especially if you have trades with tight stop-losses. Don’t let short-term volatility take you out of the market at an unplanned loss.
$BTC 👀 👇
#CanUSStocksReboundAfterNonfarmPayrolls?
