⚠️⛔️ Cross Asset Market Impact: Non Farm Payrolls
- Rosbel Durán
- Dec 2, 2021
- 1 min read
October Non Farm Payrolls release surprised market consensus forecast printing at 531K. This saw U.S. 10-year yields, USD/JPY spot, and E-mini futures higher on the day.
Going back to a year of releases, USD/JPY has closed lower 7/12 times while S&P 500 futures have closed higher 8/12 times.
On average, USD/JPY weakens circa 0.10%, S&P 500 futures rise 0.10% 30 minutes after the release
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