Daytrader21's Blog

Avatar

NFP - The State of US Labor Market

Due to the 4th of July US holiday, the NFP report will be release 1 day earlier and not the usual first Friday of the month.
The market forecast for today's reading has quite a big rage starting from as low as 231k to as high as 270k down from previous reading of 280k. The only thing stable and where there is a consensus is for the unemployment rate to drop from 5.4% down from 5.5%.
Despite the recent global turmoil the US job market is quite strong as over the past months we had 15th times rea…
Read full story
Translate to English Show original
orto leave comments
Avatar

NFP - The State of US Labor Market

The dollar strength has been well supported recently and this is due mainly because of the Fed rate expectations. However this week the market will focus again on the US labor figures which based on market expectation we should see further improvement in the labor market.
I'm expecting that February payrolls will surprise positively due to the seasonality tendencies which shows the average February NFP seasonal adjustment over the past decade to 1.5M jobs(see Figure
1
). The market will alwa…
Read full story
Translate to English Show original
VictoriaVika avatar

So many repost you have, congrats, friend :)

CommunitySupport avatar

yes, he is a top blogger)

Daytrader21 avatar

VictoriaVika Thanks:) CommunitySupport Thx, I'm trying my best:)

orto leave comments
Avatar

Jackson Hole Symposium. Why it Matter?

Jakson Hole is an economic symposium conference that has been hold each year since 1978 by the Federal Reserve Bank of Kansas City. For more than three decades this economic symposium has been gathering together Finance ministers, central bank presidents and academics from around the world. Jackson Hole theme for Aug. 21-23 2014 will be "Re-Evaluating Labor Dynamics".
Unfortunately many Wall Streeters and other private-sector economists have not been invited anymore signaling a shift from prev…
Read full story
Translate to English Show original
taxi_driver avatar

Thanks for posting!

ANABEVZ avatar
ANABEVZ 21 Aug.

interesting..

orto leave comments
Avatar

Non Farm Payroll. Trade Pattern Idea

The labor market seems to be picking up as the recent bad weather effect on the market is fading away and the job market has start picking up.
Market participants will pay close attention to this figures especially after Yellen has introduced the new qualitative forward guidance and employment data has become an indicator of economic growth.
Earlier this week the the ADP was released which came in closer to market expectation at 191k from previous reading of 139k, which can suggest that there is…
Read full story
Translate to English Show original
Convallium avatar

I agree with you, the unemployment rate has become a bigger factor now! Good blog post!

orto leave comments