Thursday February 4, 2016 - 20:05:22 GMT
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Think Ahead To Friday Morning
Thinking ahead to Friday, the consensus seems to be expectations to jobs growth something less than +200K.That would confirm the December data were just a fluke. As traders we also have to consider how markets would react to another strong figure , say +250K or more, or what if the data are very weak, say +100K or so. Then what about an in-line forecast?
As for pre-data forecasts, none are worth anything. This is a random number. All you can do is react to the data you are presented, which is why it pays to have alternate game plans in place before the data are released.
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