#NFPWatch

NFP stands for Non-Farm Payrolls, a key economic indicator that measures the number of jobs added or lost in the US economy, excluding certain sectors like agriculture, non-profit organizations, and government jobs. This report is released monthly on the first Friday at 12:30 UTC and provides valuable insights into the US economy's health.

*What NFP Measures:*

- *Job growth*: The number of new jobs created in the US economy

- *Unemployment rate*: The percentage of the labor force that is unemployed

- *Hourly wages*: The average hourly earnings of US workers

*Impact on Financial Markets:*

- *US dollar value*: A strong NFP report can boost the US dollar's value, while a weak report can lead to a decline

- *Stock market*: NFP reports can influence stock prices, with positive reports potentially leading to market gains

- *Forex market*: NFP reports can cause significant price fluctuations in major currency pairs

*Interpreting NFP Data:*

- *Higher-than-expected figures*: Indicate a strong economy and potentially lead to increased investor confidence

- *Lower-than-expected figures*: Suggest a weaker economy and may lead to decreased investor confidence

*Upcoming NFP Dates:*

NFP reports are typically released on the first Friday of each month. For specific dates, you can refer to a financial calendar or trading platform ¹.