December 5, 2008 Non-Farm Payroll – Consensus Estimate -325k
Today’s Non-Farm Payroll – Consensus Estimate -325k
Post ID: 519
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Clock NY
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| Markets Hours | ||
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| Auckland | Closing | |
| Sydney | Open | |
| Tokyo | Open | |
| Hong Kong | Open | |
| Singapore | Open | |
| Moscow | Closed | |
| Frankfurt | Closed | |
| Zurich | Closed | |
| London | Closed | |
| New York | Closed | |
| Chicago | Closed | |
| Vancouver | Closed | |
Today’s Non-Farm Payroll – Consensus Estimate -325k
November 7, 2008
Consensus Estimate for tomorrow’s Non-Farm Payroll (NFP): -180k
The US employment statistics are released at 8.30am New York time today. (in about 35 minutes from now)
This is a major financial news item each month that has the potential to swing markets wildly immediately upon release.
We will be looking for any new opportunites that arise AFTER any spike or whipsaw from following today’s NFP news.
Following Friday’s US employment figures and Monday’s US and Japanese holidays, we have had a very slow Tuesday.
Right now there is a sweet setup appearing for the USDJPY pair but with the The Federal Open Market Committee (FOMC) Meeting Minutes from Sep 18th due to be released at 6.00pm GMT, and expected to have a greater than usual impact following their 50 point rate cut, we will likely end with another day on the sidelines with forex signals today.
BOM signal subscribers can expect 2 or 3 possible end of day trade opportunites via email after 7.30pm GMT.
Japan celebrates Health-Sports Day and the USA celebrates Columbus Day on Monday. Meaning their markets are closed and we can expect low liquidity during those sessions.
Best to take the day off from trading where ever you may be.
No trades today prior to the US Non Farm Payroll (NFP) and unemployment figures are released at New york open, 12.30pm GMT
But keep your email open for some potential action following that.
CFTC RULE 4.41: