Forex Market Updates 03.10.2014 Mario looks helpless in front of the dream inflation News - All told, the U.S. has put more people back to work than Europe, Japan, and every other advanced economy combined. Obama said. Stock Exchange - Draghis lack of stimulus disappointed investors who are seeking a firm target for how far hes willing to go to revive the euro areas economy. Indexes - rose as small-cap companies rebounded amid speculation equities have fallen too far too fast. Gold - The stronger U.S. macro outlook for U.S. interest rate hike is supporting the dollar and reducing the gold price. Petrol - Crude oil futures drop below $90 a barrel for first time since April13. EUR/USD - Dollar is leading a currency war where inflation rather then growth is the goal. Capital Markets - ECB keeps rate on hold as focus shifts to asset buying. Eurozone: - EUR - Final Services PMI, Friday 11:00 - Business environment according to purchasing managers is about to keep the same level at 52.8 UK: - GBP - Services PMI, Friday 11:30 - Industry showed expansion above 60 last time. Analysts expected slim reduce to 59.1 USA: - USD - Non-Farm Employment Change, Friday 15:30 - Job creation is an important and highly impact indicator of economic activity which dropped to disappointing 142 000. The strategists expected new 216 000 employees. - USD - Trade Balance, Friday 15:30 - Trade deficit of U.S. was little better last time 40.5 billion. The analysis is / - 41 billion/ - USD - Unemployment rate, Friday 15:30 - Jobless Rate forecast is remain unchanged at 6.1%. Join us for MORE!!! bit.ly/1lE2lZg
Posted on: Fri, 03 Oct 2014 08:13:22 +0000