NFP Market Reactions: Stocks Open Timidly, Gold Rallies After NFP Report But Other Markets are Stuck

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The Non-Farm Payrolls finally released, relatively on time, and came at a small beat on expectations (64K vs 40K expected) while the Unemployment rate grew from 4.4% to 4.6%. With downward revisions to the September data (-33K) and a -105K report for October, the labor picture is indeed softening as was highlighted by Fed’s Williams […]The post NFP Market Reactions: Stocks Open Timidly, Gold Rallies After NFP Report But Other Markets are Stuck appeared first on ActionForex.