- This Friday’s Non-Farm Payrolls report could significantly increase market volatility, especially if job growth comes in well below expectations.
In addition to tariff rumors, reports, and retaliations, this week’s Nonfarm Payrolls (NFP) could add even more volatility to markets.
Gold continues to hit record-high after record-high (best quarterly performance since 1986), could be the most important asset to watch.
The market consensus expects the US economy to have added 128,000 jobs in March, down from February’s 151,000.
Danske Bank is more cautious, perhaps responding to Consumer confidence deteriorating to its lowest level since 2013, projecting just 110,000.
Trading Economics is even more bearish, forecasting an increase of only 80,000 jobs. What do they know that others don’t? If they’re right, markets may not be priced for it.
For the exact date and time of these major economic events, import the BlackBull Markets Economic Calendar to receive alerts directly in your email inbox.
