One of the more interesting pieces of economic data to be released today is the U.S. nonfarm payrolls. These will provide insight into what the Fed might do, and that in turn will affect how interest rates, stocks and the U.S. dollar will perform. Nonfarm payrolls could be helpful in developing a financial spread betting strategy. Reuters reports on nonfarm payrolls:
"Everybody is now looking forward to the non-farm
payrolls...It will give key guidance on what to expect from the
Fed next week, so the market is very much undecided on this
one," said Niels From, currency strategist at Dresdner
Kleinwort, Frankfurt.
