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Good Friday + Nonfarm Payrolls Collide! …Not Much Happens

From blogs.wsj.com

Q: What do you get when you cross the granddaddy of market-rattling economic indicators and a closed stock market? A: We’ll find out soon enough, when monthly U.S. non-farm payrolls are released to mostly-deserted trading floors thanks to Good Friday. But, most likely, probably not all that much is going to happen. That’s the conclusion from Adam Cole, London-based global head of foreign-exchange strategy at RBC Capital Markets, who helpfully dredges up five other instances of Good Friday-meets-non-farm-payrolls days, dating back to 1994, for our inspection. First things first: Mr. Cole points out that this Friday, ... (full story)

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