NFP at a Crossroads

If you are unable to see the message below, [click here to view](. A buffer between US manufacturing and the FED’s monetary policy, this month’s NFP promises to deliver drama. [Visit our website]( [AvaTrade] Non-Farm Payrolls Friday, July 5th at 12:30 PM GMT As President Trump’s global trade war wreaks havoc with US manufacturing, reverberations in the labor market are already being felt. Jobless applications are up, last month’s NFP reading showed a 60% drop from the month before, and the FED is being forced to react. Based entirely on the jobs’ situation vis-à -vis manufacturing, construction and goods, the Non-Farm Payrolls report ignores seasonal employment, freelancers and domestic workers. It is a fair reflection of the level of employment dedicated to pure production, and thus will certainly react to the current geo-political situation. With the G20 fiasco behind us, clearly prosperity is not around the corner. And looking ahead, the Federal Reserve is going to finally be forced to succumb to the Commander in Chief’s monetary wishes. A July rate cut may now be on the cards, the question being the extent – a quarter percent or a half. Watch Friday’s report and the Dollar prepare to price in the next FED decision. Trade the NFP – Trade the Economy [Trade USDJPY]( Trading, CFDs, Spread-betting & Options carry risk and could result in the loss of your capital AVA Trade EU Ltd is regulated by the Central Bank of Ireland (No.C53877). AVA Trade Ltd is regulated by the B.V.I Financial Services Commission. Ava Capital Markets Australia Pty Ltd is regulated by the ASIC (No.406684). Ava Capital Markets Pty is regulated by the South African Financial Services Board (FSP No.45984). Ava Trade Japan K.K. is regulated in Japan by the FSA (No.1662) and the FFAJ (No.1574). Read AvaTrade [risk disclosure]( before trading Forex, CFD’s, Spread-betting or FX Options. Forex/CFD, Spread-betting & FX Options trading involves substantial risk of loss and is not suitable for all investors. Copyright © 2007-2019 AVA Trade EU Ltd. All rights reserved. [Unsubscribe](