The US jobs report is due at 8.30am US Eastern time on Friday, September 6, 2024 (1230 GMT):
Preview: Why August non-farm payrolls frequently disappointWhat would it take from non-farm payrolls to get a 50 basis point cut?Goldman Sachs NFP preview, say that August payrolls often have a negative bias initiallyFriday’s NFP result could prompt a 50bp rate cut by the Federal Reserve
Morgan Stanley say options are pricing big swings:
S&P 500 projected to move 1.1% in either directioniShares Russell 2000 ETF 1.8%Invesco QQQ Trust ETF 1.4% move
This via Twitter on major bank expectations:
This article was written by Eamonn Sheridan at www.forexlive.com.
