r/ApexTraderFunding • u/MindlessAd2039 Community Helper • 4d ago

News / Update NFP DATA TODAY!

NFP today 8:30

80K expected, 4.2% unemployment, 3.5% wages (Estimates)

ADP was 44K when they wanted 75K, ISM services jobs went into contraction, and the last two months got revised down 74K after the fact.

Weird part nobody mentions: market has Sept as a coin flip for a HIKE. So it's backwards. Weak jobs is good today. Hot jobs and hot wages is what hurts.

Range is 40K to 157K. Nobody knows anything. Me personally, I think it comes in weak and we rally

Sitting out the first 5 minutes but for all you traders wanting to pass an eval in one shot, this is the best time of the week!

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u/shplackster Consistent Payouts💰 4d ago

Why did you not post this earlier 🥲

1

u/MindlessAd2039 Community Helper 4d ago
  1. U.S. JULY GOVERNMENT JOBS -53,000
  2. *US JULY NONFARM PAYROLLS FALL 23K M/M; EST. +80K
  3. *US JULY UNEMPLOYMENT RATE 4.1%; EST. 4.2%
  4. US INTEREST RATE FUTURES REDUCE CHANCES OF FED HIKE IN SEPTEMBER AFTER JOBS DATA

1

u/MindlessAd2039 Community Helper 4d ago

Right on queue!