It’s the first Friday of the month and that means it’s time for non-farm payrolls. It’s a holiday today in much of the world and US stock and bond markets are closed, so that will make for an interesting released. The FX market has been quiet so far today and S&P 500 futures are down 17 points. Those will be two of the spots I’m watching in the aftermath of the release.
Some quick reading:
Why are non-farm payrolls being released on Good Friday? Here’s what’s open and what isn’t
What is the distribution of forecasts for the US NFP?
Preview: February non-farm payrolls by the numbers. A Good Friday report
This article was written by Adam Button at investinglive.com.