Register for MT4 Demo Account

Register for xStation Account

Today Market

Latest NFP (US Non-Farm Payroll) Data Prediction for the Month of November 2020

By XFlow Markets Team Friday, Dec 4, 2020 | World News

A recent major development of approving Pfizer & BioNTech Covid-19 vaccine dose usage & roll-out form next week in U.K widely cushioned the markets now-a-days.

However, the traders & investors will be eyeing another major upcoming event in U.S i.e. Non-Farm Employment Change data release. The figure shows a change in the number of employed people during the previous month, excluding the farming industry.

The data is scheduled to be issued on December 04, 2020 enlightening the facts of labor sector for the month of November. Besides this, an uncertain U.S stimulus outlook worth $1.4 trillion will remain vital for markets.

The U.S report expects a fall in employment figure by 500K; lower than the previous figure 638K whereas an Unemployment Rate is expected to fall to 6.8% from 6.9% in the preceding month.

The worsening Covid-19 fear in the U.S affects the business opportunities & a slow-down in an employment sector.

Below is the Graph showing the changes in Employment data since last three months.

NFP (US Non-Farm Payroll) Data Prediction

For the data release of U.S ADP Non-farm Employment Change on December 02, the number of employed people rose by just 307K much lower than the previous figure 404K which may contribute into expectation of weaker results of NFP data.

If NFP data comes out to be weaker as expected on Friday, then the possible effect can be – weak US Dollar Index, strong precious metals & softer global indices.

Other way round, if data shows upbeat results, then an upside in indices & selling pressure in Gold can be noticed. 

XFlow Markets Team

XFlow Markets is one of the leading brokerage firm in the trading industry with vast number of clientele followers. We are ranked as the top most firm with 9 years of experience along with top-notch trading services. We widely trade in Forex, Indices, and Commodities.

Related News & Updates

📢 New Cryptocurrencies added to the XFlow and MT4 system – Trade Now!

Dear Traders, XFlow Markets has switched to  a newer, faster and better crypto data feed. Now you can trade in an expanded  list of crypto instruments in all our systems (MT4, and Continue reading

US Non-Farm Payroll Data Forecast For the Month of February

The record high levels can be seen in U.S markets since optimism looms over clearance of U.S stimulus package worth $1.9 trillion as proposed by U.S President Joe Biden in Continue reading

Trade with trust

Switch to XFlow and Start Earning Now!


XFlow Markets provides an entirely transparent access to the FOREX Market through two powerful trading platforms (XFLOW & MT4) with excellent execution speed, a 24/5 client support system with no dealing desk involvement.

© 2020 XFlow Markets LLC, All rights reserved.

Risk Warning: Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances.

You may lose more than you invest. Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks.

XFlow Markets does not offer Contracts for Difference to residents of certain jurisdictions including the Belgium, Iran, Canada, North Korea, the USA, Cuba, Syria and FATF Black Listed Countries.

  • triangle.png
  • Regulated by FSA

    XFlow Markets is not required to hold any financial services license or authorization in Saint Vincent and the Grenadines to offer its products and services.

XFlow Markets is incorporated in Saint Vincent and the Grenadines with registration no. 255 LLC governed by the Limited Liability Companies Act Chapter 151, registered by the Financial Service Authority of Saint Vincent and the Grenadines.

Telephone number: +44 20 3966 8838 Working hours: 7:00 AM - 5:00 PM (GMT+0)