The U.S Non-Farm Payrolls will be released Friday, 4th of January 2019 13:30 GMT and is a key economic indicator that can cause volatility in the markets.
Non-Farm Payrolls are expected to have increased by 177,000 last month, which will be an improvement on November's 155,000 but below the six month average of 213,000. The unemployment rate is expected to be unchanged and average hourly earnings should increase 0.3% on the month and 3.0% on the year compared to 0.2% and 3.1% in November.
Regardless of the results of the Non Farm Payrolls, the markets always experience moves immediately after the release which offer traders excellent short-term trading opportunities. Positive or negative reports will affect market sentiment which can create new trends and trading opportunities.