{"id":18564,"date":"2022-03-31T07:42:06","date_gmt":"2022-03-31T07:42:06","guid":{"rendered":"https:\/\/errante.net\/?p=18564"},"modified":"2022-03-31T07:42:06","modified_gmt":"2022-03-31T07:42:06","slug":"nfp-friday-1st-april-2022","status":"publish","type":"post","link":"https:\/\/errante.net\/vi\/nfp-friday-1st-april-2022\/","title":{"rendered":"NFP Friday \u2013 1st April 2022"},"content":{"rendered":"\n
On Friday, US Nonfarm Payrolls data will take centre stage as a meanwhile distraction to the Ukraine crisis this Friday. Employment is expected to continue to advance in March following two strong reports averaging +580k in January and February. That said, we are expected a slightly lower figure than previous – 490,000 jobs to be added in the United States in March with the unemployment rate falling to 3.7%.<\/p>\n\n\n\n
The unemployment rate could become just as important to watch as average hourly earnings for signs of a tight labour market, with further declines likely to increase the Feds sense of urgency in raising rates at least back towards their estimated long-run neutral rate.<\/p>\n\n\n\n
Before that, the Fed\u2019s favourite inflation metric is released on Thursday. The data is expected to reinforce confidence in the US economy even as the risk of a recession grows in Europe. But there is a danger the Fed is about to tighten policy too aggressively.<\/p>\n\n\n\n
Wage growth is expected to have accelerated after slowing down in February. Average hourly earnings are anticipated to have increased by 5.5% year-on-year in March, up from 5.1% in the prior month.<\/p>\n\n\n\n
Thursday 31st<\/sup> March 2022 15.30 GMT+3<\/strong><\/p>\n\n\n\n Friday 1st<\/sup> April 2022 15.30 GMT+3<\/strong><\/p>\n\n\n\n Have your trading charts ready!<\/strong><\/p>\n\n\n\n Welcome to\u202fErrante<\/strong>.\u202fWe are\u202fTrading made Personal<\/strong>.\u202f\u202f <\/p>\n\n\n\n If you have any questions or require any assistance, please contact one of our support team members via our Live Chat or email support@errante.net<\/a>.<\/p>\n\n\n\n