- With the last NFP report before Election Day expected to show a sharp slowdown in job growth, this data release could sway market sentiment and influence voter perceptions on the economy.
Americans continue to rank the economy as their top issue, and the final Non-Farm Payrolls (NFP) report before voting day, offers a crucial signal this coming Friday.
For the exact date and time of these major economic events, import the BlackBull Markets Economic Calendar to receive alerts directly in your email inbox.
September saw a gain of 254,000 jobs, but forecasts point to a marked slowdown, with expectations hovering just above the 100,000 mark. The expected downturn stems from several factors, including back-to-back hurricanes disrupting the Southeast of the country.
For now, gold is trading below Friday’s close (but for how much longer?) as markets react to limited Israeli action against Iran. Tehran has indicated it won’t retaliate, easing geopolitical tension and potentially reducing demand for the haven asset.
