November's big jobs report could spark a major market sell-off, Invesco warns

SPX Daily Chart



Many analysts worry that Wall Street ignores a huge risk: Wage growth. But it could once again become a focus on Friday when the government will release the latest NFP data for November.

If the numbers rise higher than expected, this may prompt the Fed to act more aggressively and raise interest rates again in the country, which will further complicate the stock market situation.

"Many say we do not have to worry about inflation because of low oil prices, which is part of the tensions in the markets, but as we know, Fed does not care much about inflation," said Invesco.

October data stood at 3.1% for the third quarter - the biggest increase in the last decade. If wages continue to rise because Wall Street uses them to determine inflation levels, tensions will continue to grow.

This means that the Fed will have fewer options and will have to continue with the tightening of monetary policy.

Source: CNBC

 Trader Aleksandar Kumanov

Read more:

If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance


25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256

Universal numbers

World Financial Markets - 0700 17 600    Varchev Exchange - 0700 115 44

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

chat with dealer
chat with dealer
Cookies policy