September 6, 2013 - Daily Market News
Nonfarm payroll figures will be released today for the U.S. Not only that, in general , the biggest release of the month , but it is also the last major piece of information, we will get a share of the U.S. Federal Open Market Committee meeting yesterday after the release of positive economic indicators in the U.S. the economy continues to improve , and if positive NFP shares may continue to climb. European stocks move in pushing forward the report to the lower than expected German trade balance , published this morning Asian stocks mostly higher ahead of NFP but the Nikkei 225 fell by 1.1 % in
WTI is trading above the low inventories and uncertainty over the Syrian strike : The G20 meeting is held at the time of the Russian and U.S. President Barack Obama is trying to convince allies to support a U.S. military strike . As the Middle East supplies about 35 % of the world's oil supply could be affected by pushing prices higher. Gold traders are still torn between Syria and the U.S. economic data. If a strike is taking place in Syria, pushing gold to new highs. However , if the NFP figures traders to invest in the dollar as a safe haven and the FOMC is likely to initiate a cash tapering metal will decrease . The report should be viewed by investors today , because it will provide a short-term binary options trading opportunities.
Today 's Events:
08,30 GMT: GBP - Industrial Production (YoY) / ( MOM ) measures the change in the total inflation - adjusted value of output produced by manufacturers, mines , and utilities.
08,30 GMT: GBP - Manufacturing Production (YoY) / ( MOM ) measures the change in the total inflation - adjusted value of output produced by UK manufacturers. Manufacturing accounts for approximately 80 % of total manufacturing output , industrial production growth highlights the increasing economic growth.
08,30 GMT: GBP - trade balance - measures the difference in value between imported and exported goods and services over the reporting period . A positive number indicates that more goods and services that are exported imported .
12.30 GMT: CAD - Employment Change - measures the change in the number of people employed . Job creation is an important indicator of consumer spending
12.30 GMT: USD - Nonfarm Payrolls - Measures the change in number of employed people during the previous month , excluding the farming industry. Job creation is the most important indicator of consumer spending , which accounts for 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 work during the previous month.
