Market Focus

On Friday, March 9, 2018, one should focus on data on the number of people employed in non-agricultural sectors and the unemployment rate in the US.

• The employment indicator is an estimation of the total number of wage workers passing on payroll of enterprises in the country. The indicator shows the change in the level of employment in the country.
• The unemployment rate determines the percentage of the total workforce that is unemployed and actively seeking work in the US. The growth in the indicator shows weakness in the US labor market, and its decline is positive.

According to the forecast, the change in the number of employees in February will be 159 thousand, which is lower than the previous value of 200 thousand. The unemployment rate will drop to the level of 4.0%, against the previous value of 4.1%. The release of data within the forecast, can cause ambiguous market reaction, against which the US dollar can move within 40-50 points against competitors.

Alexander Sivtsov