Markets Fade Nonfarm as History Faces War’s Impact | Metals Mine

  • Markets Fade Nonfarm as History Faces War’s Impact

    From scotiabank.com

    US nonfarm payrolls beat expectations and the unemployment rate edged lower in March. The market reaction was muted because a) it’s backward looking, b) the nonfarm gain is likely to be heavily revised lower, c) positive weather and strike cessation effects boosted the number temporarily, and d) most of the rest of the world is shut for Good Friday—all of which means this will be a short note! The US 2-year yield was up by only about 3bps post-data with the 10s yield up by the same. S&P equity futures ignored the release. Breadth was ok, not great, as shown in chart 1. Education and health sector hiring added 91k ... (full story)

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singhjadona
Apr 3, 2026 11:58am
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Maybe the impact will be shown on monday !!
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ffghost
Apr 3, 2026 12:06pm
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Perhaps...but it is highly likely that some war headline(s) occur between now and then which affect markets more....so it will be impossible to know which was the cause.
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FxMohblacc
Apr 3, 2026 1:33pm
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I agree with you
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singhjadona
Apr 3, 2026 2:54pm
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Yeah, that must be the case but until now iran has dropped two aircrafts of US. When US went on war with Iran the gold drops, and there is no ceasefire until next week, this will be a plus for the gold to go down.
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DonFF
Apr 3, 2026 8:41pm
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Trump Farm Payroll Info is no longer Credible!
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Trader#9A70
Apr 3, 2026 12:09pm
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Stop coping and just accept what happened and wait until Monday’s opening
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singhjadona
Apr 3, 2026 2:56pm
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Yeah, there is no blindoff trading just drawing the probability.
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