In the backdrop of Non Farm Payroll and Unemployment Rate data to - TopicsExpress

In the backdrop of Non Farm Payroll and Unemployment Rate data to be released this evening at 7;00 pm from USA, if actual NFP number comes at 125K or less then it, then the number will be interpreted as the outcome of government shutdown and may not leave much impact on market movements. But, if stronger than forecast data is coming then it will be interpreted as pick up in job market which could give the rise of speculations of early tapering resulting into sell off across all asset class barring US Dollar which will gain from rise in such speculations. Forex and commodity traders should keep this fact in mind while designing their trading strategies.

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