US Non Farm Payrolls and Unemployment Rate, April
Nonfarm payrolls is an employment report released monthly, usually on the first Friday of every month, and heavily affects the US dollar, the bond market and the stock market. Total NFP payroll employment increased by 215K in March, lower then an upward revised 245K from February, but slightly better then expected 205K. For April 2016. the market expectation is approximately 200K. Can we see a stronger move on the US dollar today? Sure we can and stronger data could be in favor of the USD, while lower data then expectation could harm the same in the market. A few hours before we can see that the US dollar is slightly weaker. The ADP numbers wasn’t good and maybe the market players are waiting for the lower numbers here as well!? But, it’s not a rule. Unemployment rate is at 5.0% and the market expectation is to stay at the same level. We will see the result in about 2 hours. Be careful!
13:30 h (London time) > US Non Farm Payrolls!!! – Previous 215K > Expectation 200K! Update 160K!
13:30 h (London time) > Unemployment Rate!!! – Previous 5.0% > Expectation 5.0%! Update 5.0%!