Market To Brace NFP Today
Today is NFP day, and the VIX index is hovering near its lowest level since Trump's election victory.
A stronger-than-expected NFP print could be bearish, while a significantly weaker report might also trigger a selloff due to recession fears, as seen last quarter.
Given the current optimism despite geopolitical tensions, only a narrow range of NFP results is likely to sustain bullish sentiment and drive markets to new highs.
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