The Non-Farm Payrolls which show employment changes across 10 private labor market sectors is watched closely by markets eager to gauge the health of the economy. Investors are well aware that the Fed’s policies in the coming months will depend on significant indicators like labor market data and inflation report. Robust non-farm data signals tightening of the labor market which in turn signifies a strong economic outlook.

If the December non-farm payroll data is stronger than what is being expected then the possibility of the Fed raising rates for a second straight time in end January will increase.

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