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2024-07-04 13:59:33

NZD/USD Trades Sideways Ahead of US Manufacturing PMI on Nostr: Non-Farm Payrolls Report: Will it Disappoint and Impact the Stock Market? ...

Non-Farm Payrolls Report: Will it Disappoint and Impact the Stock Market?
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#79b66922 ver:1.19

Will the upcoming Non-Farm Payrolls report disappoint and impact the stock market? Positive PMI data suggests a strong US economy, potentially influencing the US Dollar and financial markets. However, recent indicators show weakness, raising uncertainty. If the NFP report beats expectations, it could provide an opportunity for bears to fade into the USD rally. Economists predict slower job growth and steady jobless rate, with markets focused on the timing and number of Fed cuts. The report will be released on July 5th, with consensus forecasts of 190k increase in payrolls and 4.0% unemployment rate. #NFP #USdollar #stockmarket...

#newstr #NonfarmPayrolls #StockMarket #LaborMarketIndicators #MarketIndices #StockPerformance #FinancialInstruments #Cryptocurrencies

https://here.news/story/79b66922?ver=1.19
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