Today there are no trading signals due to the Nonfarm payrolls Report
The US will release October inflation data today (Friday), and signs ahead of it are not good. The Nonfarm Payroll report is expected to show that the country has added 85K new jobs in the month, below the previous 136K. The unemployment rate is seen ticking higher from 3.5% to 3.6%, while average hourly earnings are seen up by 0.3% monthly basis and by 3.o% when compared to a year earlier.
Nonfarm payrolls in the US increased by 136 thousand in September 2019, following an upwardly revised 168 thousand rises in August and missing market expectations of 145 thousand. Employment continued to trend up in health care and in professional and business services. Non-Farm Payrolls in the United States averaged 125.77 Thousand from 1939 until 2019, reaching an all-time high of 1118.00 Thousand in September of 1983 and a record low of -1959.00 Thousand in September of 1945. source: U.S. Bureau of Labor Statistics