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Markets quiet ahead of US employment & non farm payroll figures at 13.30

Markets quiet ahead of US employment & non farm payroll figures at 13.30

03/09/2010 by ukcitymedia.co.uk about : Forex Trading - 2 Comments - 116 words


Morning Forex Report: LondonMarkets are quiet this morning ahead of the all important US employment figures and Non Farm Payroll numbers at 13.30. The economic report and employment figures are amonst the major market moving events in each month. A big deviation from expectation levels can set markets tumbling or shooting higher.

Tomorrow, the median analyst estimate is -101K, but its worth noting that payrolls have come in below estimates in each of the last three reports.

And as of yesterday, the EUR/GBP has extended its gains.

Summary today:



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ukcitymedia.co.uk provides interest articles compiled from news releases already in the public domain. Articles are abbriviated news alerts or abstracts mostly originating from RNS news releases made in the week of posting. Investors are reminded to source original news releases, verify news and carry out own research before making investment decisions.



quiet observer

03/09/10 01:56PM

69 words


US employment figures better than expected for August and the big losses reported for the previous two months have also been slashed according to US payroll report.

Payrolls fell 54,000 last month compared with expectations of 100,000 but jobless rate up to 9.6% from 9.5%.

Dow Jones futures prices are currently pointing to a gain of more than 100 points at the opening



alison

14/05/15 12:03PM

11 words


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