US March Payrolls exposed to COVID-19? Live NFP Commentary

<p><strong>US equities are modestly weaker</strong> amid risk-off sentiment and an employment report that revealed a much larger than anticipated -701k plunge in March (median -100k) and a jump in the jobless rate to 8.7% from 7.0%. However, at this point markets are not shocked by huge downward swings in the indicators given the unprecedented shutdown of the economy to flatten the infection curve.</p>
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<p><strong>Click </strong><a href="https://www.hotforex.com/en/trading-tools/economic-calendar.html"><strong>here</strong></a><strong> to access the HotForex Economic Calendar</strong></p>
<p><strong>Stuart Cowell</strong></p>
<p><strong>Head Market Analyst</strong></p>
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