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Non Farm Payrolls May 2016


jbtrader

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Guest TimP

Hi  

 

Thanks for the NFP estimates. Our analysts are leaning towards 160k which is the same as the previous announcement. 

 

For everyone else do let us know what you are all thinking. We do hold a webinar with our analysts before the big announcement covering trading analysis and commentary and so do sign up.

 

http://www.ig.com/uk/non-farm-payrolls

 

Keep your thoughts on Non Farm Payroll's coming!

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Guest DanC

NFPs came in a lot lower than anticpated at 38,000. Congrats to , with the closest estimate and takes the NFP crown!

 

Dan

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Guest ChrisB

Quite the day! Market forecasts (per Bloomberg) now have just a 4% chance of a June move, back to where it was before the most recent minutes. US dollar selloff suggests we could see quite a bit of strength in areas like EURUSD and AUDUSD, with the former suggesting that eurozone indices will have a tough time of things. 

 

Be aware Janet Yellen speaks on Monday (c. 5.30pm London time) so there is time for the moves today to be reversed. Indices however might find it hard to rally given how bearish people are getting on the US economy. 

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