Top Trades Update: +200 points move over Non-Farm Payroll

Created: 5th August 2022

Join Adrian as he runs through this classic example of both the dangers and opportunities that come from the releases of Economic Data. You don’t need to be an economics whizz to benefit either, just need to check the calendar to know when they are coming – and that’s easy.

Today was Non-Farm employment change, one of the most important data points for the month, and big news for traders and the markets. US unemployment has a direct impact on monetary policy and interest rate setting decisions, so it can heavily influence price direction and speed – and in this video, Adrian will explain how it impacts price, and what traders NEED to be aware of, with big trading examples for day traders on the Dow (US30), GBP/USD and Gold.