Risk Alert: US July Non-Farm Payrolls Data is coming
The US Non-Farm Payrolls Data (NFP) is due to be released by the Bureau of Labor Statistics at 8:30 am Eastern Time on Friday, August 3, 2018.
NFP is a closely watched report which may have a big influence on the next Federal Reserve's interest rate decision. It can potentially have a wide-ranging impact on the equity, forex and commodity markets.
Following the NFP result, we expect certain markets to experience unusually high levels of volatility which will increase the risk of positions held on those underlying instruments and indices. Please be aware that potentially higher volatility and lower liquidity may result in wider spread, larger slippage and order rejection. Your position values will be marked-to-market based on the prevailing market price. Please take extra care to monitor your exposure and ensure you have sufficient funds in your account to cover margin requirements in order to avoid forced liquidation.
If you have any questions, please email us at [email protected] and we'll get straight back to you. Alternatively, call us on (+64) 9-887 7675 and we'll be happy to help.
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