Cryptocurrency Q&A
What time is the NFP released today?
What time is the NFP released today?
Martina
Wed Jul 24 2024
|
5 answers
626
Could you please clarify the specific context of the "NFP" you're referring to? Assuming you're talking about the Non-Farm Payrolls report, a key economic indicator in the United States, it's typically released on the first Friday of each month by the Bureau of Labor Statistics. However, the exact time of release can vary slightly from month to month. Is there a specific date you're interested in, and are you looking for the exact time of the release for that date? Additionally, it's important to note that the market can react significantly to the NFP report, so traders and investors often pay close attention to it.
5 answers
SeoulSerenitySeeker
Fri Jul 26 2024
The Non-Farm Payrolls (NFP) report is a highly anticipated economic indicator that is released on a monthly basis. It provides valuable insights into the health of the US labor market, which is a crucial factor in determining the strength of the economy.
Was this helpful?
155
30
GeishaCharm
Thu Jul 25 2024
In addition to its impact on stock markets, the NFP report can also affect the value of the US dollar and interest rates. A robust labor market can strengthen the dollar and lead to higher interest rates, while a weaker labor market may have the opposite effect.
Was this helpful?
68
57
Chiara
Thu Jul 25 2024
The NFP report is typically released on the first Friday of each month, at 8:30 am Eastern Time. This scheduled release ensures that market participants, including investors, traders, and policymakers, have access to the latest data on the employment situation.
Was this helpful?
40
41
Giulia
Thu Jul 25 2024
The NFP report measures the number of jobs added or lost in the non-farm sector of the economy, excluding agricultural workers, private household employees, and nonprofit organization workers. It also includes information on average hourly earnings and the unemployment rate.
Was this helpful?
121
23
Federica
Thu Jul 25 2024
The impact of the NFP report on financial markets can be significant. A strong report indicating job growth and rising wages can boost investor confidence and drive up stock prices. Conversely, a weak report may signal economic weakness and lead to a sell-off in stocks and other assets.
Was this helpful?
242
43
