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Friday's US jobs report could trigger 'explosive' volatility in markets, analysts say. Here's why they're bracing for some big price swings

11 days ago   |   By Business Insider

Summary List Placement Friday's May US jobs report is a major moment for markets that could trigger "explosive" volatility after a quiet week, analysts have said.
On average, economists have predicted that nonfarm payrolls rose by 647,000 in May from 266,000 in April. Optimism has risen after Thursday's unofficial ADP payrolls report smashed expectations .
But estimates vary significantly: the highest guess is 1 million and the lowest is 355,000, according to Bloomberg data.
"The pending monthly payrolls data is certainly a high-risk event that could trigger explosive levels of...
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