April 4, 2014 - Daily Market News

Today's Hot Assets : USD

EUR / USD pair on the back of the decision of the ECB to keep rates unchanged at their meeting today , moving up to a very brief moment in time . However Eurozone inflation was on the back of the minds of all traders and investors . President Mario Draghi , despite growing concerns of deflation pressure and decided to take no action prior to oppose such deflationary concerns . European Central Bank not only kept its base rate of interest at the same level , it also kept its lending to small and deposit facility unchanged . Traders and investors have reacted quite quickly , precisely because of indecision , dukepairing dropped at the expense of the euro .

Today we must be aware of the U.S. non- farm payroll which is expected to be up to 200k which would be the highest since December 2013. That data will be erased earlier fears that U.S. economic growth is slowing pasFed conical insert monetary stimulus . We should presimspekulime before actual release to be bullish for the U.S. dollar and bearish for Gold .

Key events today :

06:00 GMT : EUR - German Factory Orders ( P ) - matndryshimin total value of new purchase orders placed with manufacturers for goods both durable and non-durable

12:30 GMT : CAD - Employment Change - measures the change in the number of employees . Job is an important indicator of consumer spending

12:30 GMT : USD - non-agricultural payrolls - measures the change in the number of employees over the past month , excluding the farming industry . Jobs is the leading indicator of consumer spending , which makes up the majority of economic activity .

12:30 GMT : USD - Unemployment rate - measures the percentage of the total labor force that is unemployed and actively seeking employment during the previous month .

14:00 GMT : CAD - Ivey PMI - measures the activity level of purchasing managers in Canada