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NFP preview: Great expectations for a Good Friday jobs report
As we noted earlier this week, Friday’s highly-anticipated non-farm payrolls report comes out at a bit of an awkward time; for the first time in six years, the April jobs report falls on the Good Friday holiday, meaning that many major markets will be closed. As a result, readers who are at their desks trading the FX or bond markets may see less liquidity than usual and the post-release move may peter out sooner than usual as traders who are watching the markets look to duck out early to enjoy a long holiday weekend. Interestingly, economists are expecting a strong reading, with headline jobs growth expected to ... (full story)
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