🗓 Non-Farm Employment Change: Pick of the Week
Markets will turn their attention to the U.S. Non-Farm Employment Change on Friday, February 6, one of the most market-moving data releases of the month. The report offers a key snapshot of labor market strength and can strongly influence expectations for future Fed policy.
📅 Event Date: Friday, February 6
👷 Previous: 50K
📊 Forecast: 67K
A stronger-than-expected print could reinforce the narrative of a resilient U.S. economy, boosting the USD and increasing pressure on equities and other risk assets as rate-cut hopes get pushed out.
On the flip side, a weaker reading may raise concerns about slowing growth, potentially weighing on the dollar while offering relief to stocks and risk-sensitive assets on expectations of a more dovish Fed stance.
#NFP #USAMarket #CryptoTrading. $BTC
