Since the Employment and Inflation data is the backbone of the Fed’s monetary policy the investors will pay close attention to the figures released tomorrow at 12:30 GTC for a signal of a potential earlier rate hike.
Tomorrow is also Good Friday and since the stock exchanges will be closed there is a good chance that we will not be witnessing strong and volatile movements. But let’s not forget that the Nonfarm payrolls report is the most expected report from the market, since it measures the strength of the economy, and historically it is a major indicator for the changes in the Federal Reserve’s economic policy.
So what to expect from the figures tomorrow? Well that is hard to say. In the last meeting of the Federal Reserve Board, Ms Janet Yellen, the Vice chair of the Committee, expressed worries that the strong US dollar may cause difficulties with reaching…
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