Trading Signals: NFP of July

05 August 2022

NFP in JulyDear clients,

The data on Nonfarm Payroll, an indicator of the industrial employment in the US will be released on August 5. The report has a notable impact on the US dollar fluctuations and instruments related to it.

What traders should pay attention to, we will find out from our expert:

Leading indicators of employment from ISM for the industry and services sector point to the release of weak data on Non-Farm Employment, which will trigger a sell-off in the US stock market. On Friday, consider selling #NQ100, #SP500, #Tesla.

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Trading Signals: NFP of July

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