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Why Friday’s NFP Report Is a Must-Watch for Traders
While geopolitical tensions in the Persian Gulf continue to dominate headlines, global markets are preparing for another key catalyst. On 6 March, the U.S. Bureau of Labor Statistics (BLS) will release the Non-Farm Payrolls (NFP) report for February, one of the most closely watched indicators on the economic calendar. According to Elev8 broker, the report has the potential to drive sharp volatility across major asset classes—including the U.S. dollar, gold, equities, and Bitcoin—when it is released at 13:30 UTC. The NFP report measures employment growth across the U.S. economy, excluding farm workers, government ... (full story)
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