Traded Value
Likes ReceivedImportant reminder: Pay attention to tonight's US Non-Farm Payrolls.
Although the US market is closed today, the US will release its March employment data tonight, including the Non-Farm Payrolls and unemployment rate.
Remember, last month's Non-Farm Payrolls were a shocking negative 92,000. The risks in the job market are the current reason for the Fed not raising interest rates, or even cutting them.
Market expectations are for a 60,000 increase in March. If employment remains poor this month, it could raise market concerns about a recession, thereby increasing the probability of a rate cut.
Alright, the time is 8:30 tonight. Don't miss it.
$iShares barclays 20+ Yr Treasury Bd(TLT.US)$SPDR Gold Shares(GLD.US)$Invesco QQQ Trust(QQQ.US)$Microsoft(MSFT.US)$Sandisk(SNDK.US)$NVIDIA(NVDA.US)
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
