Non-farm payrolls are positive but big dump? 5 simple reasons
The non-farm data is "bullish" but the market instead "big dump". The core reason is that market trends are determined by multiple factors, not just a single data point.
1. Other economic data is lagging behind.
Non-farm data is important, but it's not the only factor. If other key data released simultaneously with the non-farm figures (such as the ISM Non-Manufacturing Index) is poor, indicating an economic downturn, it will offset the positive implications of the non-farm data, leading to capital outflows and a price fal
View OriginalThe non-farm data is "bullish" but the market instead "big dump". The core reason is that market trends are determined by multiple factors, not just a single data point.
1. Other economic data is lagging behind.
Non-farm data is important, but it's not the only factor. If other key data released simultaneously with the non-farm figures (such as the ISM Non-Manufacturing Index) is poor, indicating an economic downturn, it will offset the positive implications of the non-farm data, leading to capital outflows and a price fal