NFP EVENT @1:30 GMT
📣NFP Guide 👆
Let's not forget the event which has the biggest impact on NFP data ⬛️Average Hourly Earnings ❗️Combining reports from the events, you can easily predict the upcoming volatility.
We usually focus on eight historically reliable leading indicators to help handicap each month’s NFP report:
✅Arguments in Favor of Stronger Non-Farm Payrolls:
✅1. ISM Non-Manufacturing rises to 53.8 from 49.3
✅2. ISM Manufacturing rises to 52.9 from 49.9
✅3. Challenger job cuts drop to 21-year low
✅4. University of Michigan Index rises to 85.5
✅5. CBCC Index hits pandemic high
✅6. Jobless Claims 4-Week Average falls slightly to 394,500 from 397,000
✅7. Continuing Claims fall to pre-pandemic lows
🔻Arguments in Favor of Weaker Non-Farm Payrolls:
🔻1. ADP drops to 330,000 from 680,000
You can dm me if you want to benefit from this event.
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