September NFP: positive dynamics

01 October 2020

Forecast: NFP reportDear clients,

On October 2 at 12:30 GMT the report on the number of people employed in the US non-farm sector in September will be published.

The NFP reports how many new jobs were created in the previous month in the manufacturing sector. Non-farm Payrolls are the second most important indicator after GDP since its publication causes impulsive changes in quotations, violation of technical analysis algorithms, and a change in current market trends.

Here's what the leading FreshForex analyst predicts:

American business is increasing production capacity, which contributes to the growth of employment. Positive data on Non-Farm Employment will have a positive impact on the US stock market. On Friday consider buying #SP500, #DJI30, #NQ100, #MasterCard.

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September NFP: positive dynamics


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