Here are the key factors to keep in mind today for US Dollar trades: US NFP Report: The US NFP Report for March is predicted to show 180K job additions and an unemployment rate of 3.8%. Forex traders can compare this to the US NFP Report for February which showed 20K job additions and an unemployment rate of 3.8%. Private Payrolls for March are predicted to show 178K job additions and Manufacturing Payrolls 11K job additions. Forex traders can compare this to Private Payrolls for February which showed 25K job additions and Manufacturing...
Here are the key factors to keep in mind today for Gold trades: Japanese Buying Foreign Bonds and Japanese Buying Foreign Stocks/Foreign Buying Japanese Bonds and Foreigners Buying Japanese Stocks: Japanese Buying Foreign Bonds for the period ending March 29th was reported at ¥1,243.5B and Japanese Buying Foreign Stocks was reported at ¥61.5B. Forex traders can compare this to Japanese Buying Foreign Bonds for the period ending March 22nd which was reported at ¥1,782.0B and to Japanese Buying Foreign Stocks which was reported at -¥74.2B....
The release on the US labor market, scheduled for this Friday, will cause traders an unprecedented interest. The main reason is the shocking past employment data in the country's non-agricultural sector. NonFarm Payrolls Last data: 20K Consensus forecast: 175K NFP data of the last month truly shocked even the most pessimistic analysts. Absolutely no one expected to see numbers in 20,000 new jobs. American analysts called the release the worst since September 2017, when two powerful hurricanes caused enormous damage to the American labor...
Here are the key factors to keep in mind today for British Pound trades: UK BRC Shop Price Index: The UK BRC Shop Price Index for March increased by 0.9% annualized. Forex traders can compare this to the UK BRC Shop Price Index February which increased by 0.7% annualized. UK Markit/CIPS Services PMI and Markit/CIPS Composite PMI: The UK Markit/CIPS Services PMI for March is predicted at 51.0 and the UK Markit/CIPS Composite PMI is predicted at 51.2. Forex traders can compare this to the UK Markit/CIPS Services PMI for February which was...
Here are the key factors to keep in mind today for Euro trades: Italian Services PMI and Composite PMI: The Italian Markit Services PMI for March is predicted at 50.6. Forex traders can compare this to the Italian Markit Services PMI for February which was reported at 50.4. The Italian Markit Composite PMI for March is predicted at 50.1. Forex traders can compare this to the Italian Markit Composite PMI for February which was reported at 49.6. French Services PMI and Composite PMI: The Final French Markit Services PMI for March is...
