Going into today's NFP release there is a rumors going on around the markets that NFP figures will be well below consensus. Over the past few months March payrolls have missed on 6 of the last 7 reports this shows a strong seasonality pattern. Since FED has removed "patience" from their
statement the market is more sensitive to the job report as market participants will beat on a rate hike sooner/later depending if the figures comes strong/weaker.
We have to keep in mind that today is holida…
statement the market is more sensitive to the job report as market participants will beat on a rate hike sooner/later depending if the figures comes strong/weaker.
We have to keep in mind that today is holida…