Forex Trading Primer What is the impact of non-farm payroll data on the forex market

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The importance of cashbackforexbtc depends on the focus of the cashback forex forexcashbackcalculator the past, the market Eastforexcashback particularly sensitive to some economic data, especially the main event of trade data, net capital inflows, gross domestic product, East forex cashback even leading indicators, the number of weekly initial claims for unemployment benefits, etc., can use the data to speculate a lot, but now some of the impact of data has been greatly reduced, investors to record high trade deficits began to feel numb, to the same record high net capital inflows also no surprise. Now the markets concern has shifted from the old problem of trade deficit to the problem of inflation, so the importance of inflation data such as the consumer price index and producer price index has increased. The non-farm payrolls report is usually known as the foreign exchange market to react to all economic indicators in the XO, it is the markets most sensitive monthly economic indicators, of which the foreign exchange market attaches particular importance to the seasonally adjusted monthly employment changes, the group of figures published by the U.S. Department of Labor on the first Friday of each month, the report provides information including employment-related The information is derived from two separate surveys, including the Business Survey and the Household Survey. The Business Survey is compiled by the Bureau of Labor Statistics in cooperation with state employment security agencies, based on a sample of about 380,000 non-agricultural establishments, providing information on employment in the non-agricultural sector, average hourly work and total hourly index, also known as the Payrollsurvey; where Household survey information is the U.S. Census Bureau (CensusBureau) first for the current population survey (CurrentPopulationSurvey), mainly with a sample of 60,000 households as the object of the survey, and then the Bureau of Labor Statistics (BLS) and then statistical unemployment rate to provide information on the labor force, household employment and unemployment rate while the number of non-agricultural employment is measured in all Non-agricultural employment measures the number of people earning income in all non-agricultural industries, such as manufacturing and services, etc. Therefore, non-agricultural employment reflects the development and growth of manufacturing and service industries. Therefore, this data is an important indicator to observe the socio-economic and financial development of the United States. If the data is positive for a long time, the dollar will usually be supported and strengthen, because it has the ability to turn the world upside down. As long as the market has any speculation about this value, the market will be a storm far away, a few months ago you remember the non-farm payrolls announced two days before a survey agency ADP forecast non-farm payrolls data, the data shows that U.S. companies are expected to add 368,000 jobs in June, an increase of 122,000 in May, suggesting that the U.S. economy is still very strong, the above data forced many analysts to adjust the original forecast The above data forced many analysts to adjust their original estimates of the U.S. Department of Labors non-farm payrolls increase in June, i.e., the market dollar was warmly pursued new jobs increased sharply, may consolidate the market for the FED to raise interest rates again 25 basis points to fight inflation expectations if a significant increase in employment is accompanied by a decline in the unemployment rate, FED policymakers will be more vigilant, because it may represent inflationary pressures will increase the results of the data were quite disappointing, June As a result, the non-farm payrolls increased by only 121,000 in June, and as a result, the dollar was on a roller coaster ride in the week immediately following, rising fast and falling even faster. The impact of the recent release of a series of U.S. data, including pending home sales, ISM manufacturing report, and so on, did not change the markets view of the U.S. economic outlook

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