Market overview
On Friday, the markets show some fatigue from the rally of previous days. Some associate this stop with continuing concern about the impact of coronavirus on global supply and the economy. But a more relevant version is the desire to fix part of the profit after the rebound and look at data from the United States. Recall that at the start of the week, analysts on average predicted employment growth of 165K. However, the markets are probably to priced in higher numbers, since several robust labour market indicators were published during the week.
Important events (GMT): 13:30 US !!! Non-Farm Employment Change (165K) 13:30 US !!! Average Hourly Earnings (3.0% y/y) 13:30 Ca !!! Employment Change (16.3K) 17:00 US !!! Baker Hughes U.S. Rig Count (790)
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
This website uses cookies
