FXPrimus Spread Discount. Table of Contents

What to expect from the NFP this Friday?

Tomorrow, Friday, March 5th is Non-Farm Payroll day.

US employment is anticipated to continue growing from the rebound seen in January.

In general, payrolls over the May-January period have reclaimed 56% of the jobs lost in March and April, where revisions exacerbated the decline by -201k.

The payroll rebound should gain steam in 2021 following the winter lull, thanks to stimulus deposits and vaccines.

The SmartEstimate by Reuters is for the Non-Farm Payroll to grow by 200,700, and the Reuters Poll by 180,000, following the ADP number of 117,000 on Wednesday.

The range in the Reuters Poll estimates varies from -100,000 to 500,000.

NFP will be announced on Friday, and FXPrimus is giving all clients these exclusive deals!

  1. HAPPY HOUR from Friday, March 5, 10 AM to 1 PM GMT with Low Spreads on EUR/USD, XAUUSD, EUR/JPY and GBP/JPY.
  2. A chance to get a VIP Account, with a deposit of $10,000 FOR A LIMITED TIME ONLY! The offers run from Thursday, March 4 to Friday, March 5.

Go to FXPRIMUS’s Official Website

All Bonus Promotions of FXPrimus – MT4 Forex and CFD broker

Trade Tech Stocks and Indices on FXPrimus

Trade Tech Stocks and Indices on FXprimus

Higher interest rates, like the ones we’ve been experiencing these days, primarily affect growth (i.e. tech) companies, which tend to reinvest their earnings to boost growth and have cash flows well into the future.

In many instances, these rising rates lead to sell-offs of tech stocks as has been the case recently with the tech-heavy NASDAQ 100 consistently losing value.

Might this be a sign to go bearish and tell your network to trade NASDAQ 100 or tech stocks such as Facebook, Amazon, Tesla, and Google?

Interest rates in the US are on the rise with the 10-year Treasury yield close to 1.5% and the 30-year note hitting 2.3% last week.

This means there might be a sell-off of tech stocks, companies that have their cash flows well into the future.

So study the market as this might be a good time to go bearish on so many of those tech companies you know and love!

Open FXPRIMUS’s Account for Free

Trade Apple Stocks with FXPrimus from only $100