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Markets Await Non-Farm Payrolls Report
September 3, 2010 by Daily Forex Snapshots
Filed under Forex & Futures
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The markets have been trading in a rather tight range this morning, unsurprisingly considering the all important US non-farm payrolls number is to be released later in the day. Asian equities are largely tilting towards the green this morning as a combination of better than expected data from the US last night has kept risk appetite inflated in the build up to the jobs report due out at 1230 GMT…. | ||||||||||||||||||||
Australian Trade Surplus Shrinks
September 2, 2010 by Daily Forex Snapshots
Filed under Forex & Futures
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Asian equity markets have opened on a positive note this morning following the strong gains posted in the US session yesterday on the back of increased risk seeking resulting from better than expected economic data out of the US. The ISM manufacturing index bettered analysts estimates at 56.3 actual v 52.8 exp while the ADP employment reading showed a drop in new jobs added, showing a decrease to… | ||||||||||||||||||||
Weaker economic data pushing for reduced risk appetite
August 31, 2010 by Daily Forex Snapshots
Filed under Forex & Futures
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The JPY was poised for a fourth monthly gain versus the USD, the longest winning streak in more than 18 months, as concerns the global economic recovery is faltering boost demand for JPY and was also set to complete monthly advances against all of its 16 major counterparts before data this week forecast to show US jobs fell and after a New Zealand finance company filed for receivership. Japan’s… | ||||||||||||||||||||
