NFP showdown is here. 📊
With +90K jobs expected, a divided Fed and the Dollar near 17-month highs, markets could see sharp moves across DXY, GoldGold refers to a precious metal traded as a commodity and financial asset across physical and derivatives markets. The term belongs in Level 7 because it helps connect macro con...Read More, Treasury yields and the S&P 500S&P 500 refers to the S&P 500, also known as the Standard & Poor’s 500, is a widely-followed stock market index that tracks the performance of 500 large-cap companie...Read More
U.S. nonfarm payrolls increased by just 29,000 in September, far below the 90,000 gain expected in a Reuters poll, while the Unemployment RateUnemployment Rate refers to the unemployment rate is basically the percentage of the people in the workforce without jobs but is able and willing to work. The term belongs in Le...Read More rose to 4.2% from 4.1%. August payroll growth was revised down to 133,000 from the initially reported 162,000. The weaker labour-MarketDefinition A market is an environment where buyers and sellers come together to exchange assets, goods, services, or financial instruments. Prices form as buyers and selle...Read More report prompted a sharp drop in Treasury yields and strengthened expectations that the Federal ReserveFederal Reserve refers to the Federal Reserveis the central bank of the United States. The term belongs in Level 7 because it helps connect macro conditions, policy, or another...Read More could pause after its September rate increase. U.S. StockStock refers to an ownership interest in a company, generally represented by shares. The term belongs in Level 7 because it helps connect macro conditions, policy, or another as...Read More-index FuturesFutures refers to standardized derivative contracts to buy or sell an underlying asset at a specified future time under exchange-defined terms. The term belongs in Level 7 becau...Read More advanced, the dollar softened and gold rose following the release.
