Following the Japanese Tankan and Chinese PMI survey releases overnight, attention turns to the US employment report and the manufacturing ISM survey. Before that, the UK manufacturing PMI this morning is expected to fall back in March to 60.7 from 61.5, though this is still signalling a robust pace of
Daily Financial Market Outlook
Oil Surges Into April
U.S. Dollar Trading (USD) stocks ended slightly lower in the US session but commodities were very strong with Oil up above $106 a barrel. Weekly Jobless Claims were consistent at 388k vs. 394k ahead of tonight’s NFP data. In US stocks, DJIA -30 points closing at 12319, S&P -2 points
Oil Surges Into April
U.S. Dollar Trading (USD) stocks ended slightly lower in the US session but commodities were very strong with Oil up above $106 a barrel. Weekly Jobless Claims were consistent at 388k vs. 394k ahead of tonight’s NFP data. In US stocks, DJIA -30 points closing at 12319, S&P -2 points
Forex Exchange Morning Report
Sentiment remained positive but asset class performance was limited to commodities and risky currencies. US equities are unchanged, spending the evening ranging sideways as portfolios were stayed on the sidelines into quarter end. The CRB commodities index bounced 1.5%, oil up 2.0% to match March’s multi-year high, copper up 0.8%,
Forex Exchange Morning Report
Sentiment remained positive but asset class performance was limited to commodities and risky currencies. US equities are unchanged, spending the evening ranging sideways as portfolios were stayed on the sidelines into quarter end. The CRB commodities index bounced 1.5%, oil up 2.0% to match March’s multi-year high, copper up 0.8%,
Japan Manufacturers Expand More Than Expected Before The March Quake
Japan’s manufacturers expanded more than market expectations about the economic outlook before the massive earthquake that damage the economy on March 11, evidence that the nation was rebounding before the quake.
Japan Manufacturers Expand More Than Expected Before The March Quake
Japan’s manufacturers expanded more than market expectations about the economic outlook before the massive earthquake that damage the economy on March 11, evidence that the nation was rebounding before the quake.
Get Ready To Trade The Non-Farm Payrolls Again!
Non Farm Payrolls (NFP) is one of the most important and influential economic reports for the currency markets. The next NFP report will be released this Friday 1st of April at 12:30 GMT by the US Bureau of Labor Statistics. NFP expresses the paid jobs added or lost in the