| |
Important Financial Indicators of the day |
Forecast |
Previous |
| GBP |
Manufacturing PMI |
Economic health in business (Manufacturing Industry) |
60.7 |
61.5 |
| USD |
Non-Farm Employment Change |
Economic activity/open non-farm positions |
191k |
192k |
| USD |
Unemployment Rate |
Jobless Rate |
8.9% |
8.9% |
| USD |
ISM Manufacturing PMI |
Industry Expansion |
61.1 |
61.4 |
Currencies
- EUR/USD opened in the Asian market at 1.4158 after demands dropped from yesterday's evening currency price. Now on an uptrend targeting 1.4200, and finding resistance at that level.
- GBP/USD started the month, opening at 1.6027. So far today the currency was trading sideways on a range 1.6020/1.6044. Important volatility is expected today due to manufacturing Industry, which gives an idea of the economic health of the industry, that reflects as well on Sterling health-value.
- USD/JPY began its session in Tokyo at 83.13. The results of other countries, trying to assist the economy of Japan by importing goods in the country is helping the Japan's economy. The high demand of the pair resulted in the volatility of the pair rising up to 61 pips. Today's high was 83.74. The currency pair was trading at 83.56 as of 07:00AM GMT
- USD/CAD opened today at 0.9685. The loonie quickly rebound after the Euro/CAD started rising at 1.38 and meanwhile the CAD/JPY pair was getting weaker at 86.24. It is expected though, today that the loonie will get weaker as CAD is getting stronger because OIL is rising.
Commodities
WTI Crude Oil:Current price of Oil is 117.90 following a down trend of -0.14% having a change of -0.170
GOLD:Current price of Gold is 1.434.000 having a down trend of -0.41% with a change of -5.900
SILVER:Current price of Silver is 37.660 having a down trend of -0.60% with a change of -0.228
NATURAL GAS:Current Price of Gas is 4.388 having a down trend of -0.02% with a change of 0.001
Sources: Bloomberg, FT