Economy

Many economic indicators can significantly impact your trading decisions, but understanding the Non-Farm Payroll (NFP), Consumer Price Index (CPI), and Purchasing Managers' Index (PMI) is important for success. By interpreting these reports, you can gauge market sentiment and adjust your strategies effectively. This guide will equip you with the knowledge needed to prepare for these key releases, ensuring you are ready to navigate their effects on the financial markets.Understanding Key Economic Indicators Non-Farm Payrolls (NFP) The Non-Farm Payrolls report, released on the first Friday of each month, measures the number of jobs added or lost in the U.S. economy, excluding…