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Stocks in the US didn’t change much today. The reason is probably that the investors are waiting to trade until the announcement about the labor data comes out.

The Asian and European markets have been doing better today.

The Gold is still declining as a result of the expectation that the Fed will raise rates soon.

Trading Tip: Gold traders should focus on today’s data from the US as it should provide some great short term trading opportunities.

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Other top stories: 

Unemployment Rate (USD) - 3/10

Trade Balance (USD) - 3/10

Asian Stock Doing Better

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What is it? It checks the level of a diffusion index based on surveyed purchasing managers, excluding the manufacturing industry.

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

Usual Effect: If the actual number is bigger than the forecast, you can expect the USD to rise.

When? October 3rd at 10:00am Eastern Time.

Trading Tip: The announcement can greatly affect the USD, make sure to make your trade before,

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Other top stories: 

Unemployment Rate (USD) - 3/10

Trade Balance (USD) - 3/10

Asian Stock Doing Better

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What is it? It checks the percentage of the total work force that is unemployed and actively seeking employment during the previous month.

The number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment is also a major consideration for those steering the country's financial policy.

Usual Effect: If the actual number is smaller than the forecast, you can expect the USD to rise.

When? October 3rd at 08:30am Eastern Time.

Trading Tip: The announcement can greatly affect the USD, make sure to make your trade before,

Talk to us to get get FREE signals and start earning now: 

Other top stories: 

Trade Balance (USD) - 3/10

Non-Farm Employment Change

Asian Stock Doing Better

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What is it? It checks the difference in value between imported and exported goods and services during the reported month.

Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers.

Usual Effect: If the actual number is bigger than the forecast, you can expect the USD to rise.

When? October 3rd at 08:30am Eastern Time.

Trading Tip: The announcement can greatly affect the USD, make sure to make your trade before.

Talk to us to get get FREE signals and start earning now: 

Other top stories: 

Non-Farm Employment Change

Oil Drops Below $90

Unemployment Claims

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What is it? It checks the change in the number of employed people during the previous month, excluding the farming industry.

Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.

Usual Effect: If the actual number is bigger than the forecast, you can expect the USD to rise.

When? October 3rd at 08:30am Eastern Time.

Trading Tip: The announcement can greatly affect the USD, make sure to make your trade before.

Talk to us to get get FREE signals and start earning now: 

Other top stories: 

Oil Drops Below $90

Unemployment Claims

4 Tips for Today's Trading - 2/10

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