Free Trade Ideas

Welcome to NFP Day Trade! Today, the US jobs numbers from June hit the newswires. The result was huge volatility across the forex, commodity, and stock markets. Let’s break it down.
US Non-Farm Payrolls (NFP) came in at 57,000 for June. This figure was far beneath the 114,000 expected and May’s 129,000. The Unemployment Rate fell to 4.2% from 4.3%, signalling a modest improvement in the labour market. Perhaps the biggest story was the downward revisions to last spring’s figures. The numbers from April and May were lowered by a total of 74,000, suggesting that job creation wasn’t quite as strong as first thought.
One of the best things about NFP is the action. And, we covered it live over at Switch Markets on YouTube. If you missed it, click the link and check out NFP Live! https://youtu.be/_9VblEo6kp4 As we roll into the Independence Day weekend, there are a few news items to watch. First, be ready for any developments in the Iran/US ceasefire. There have been kinetic exchanges occurring in the Strait of Hormuz over the past several days. At press time, the ceasefire remains intact, but will it be in place by Monday’s market open? We’ll see…
Second, the Russia/Ukraine fighting has intensified with each side launching massive drone strikes in the last week. The latest was a Russian attack on Kyiv, which is being dubbed a massive escalation. In addition, Russia has warned that it will continue to “increase pressure” on the Ukrainian capital. This will be a situation to monitor as we turn the page to Q3 2026.
That’s all for now; see you Monday’s live stream!