This is how the EUR/USD looked like just minutes after the NFP Announcement.

As you can see, the bad data released by the U.S Bureau of Labor Statistics caused the USD to drop and as a result the EUR/USD to move high up.

Our estimate for the EUR/USD is right at the moment and if nothing suprising will happen, should win by its Expiry Time. 

  

 

 

  

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As in every first Friday of the month, today there's the NFP announcement.

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.

When? October 2th at 8:30am Eastern Time.

Trading Tip: If the actual number is higher than the forecast, you can expect the USD to rise.

 

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A gunman stalked onto an Oregon college campus on Thursday and opened fire, killing nine people and wounding seven before police shot him to death, authorities said, in yet another burst of U.S. gun violence that ranked as the deadliest this year.

The suspect, who witnesses say fired dozens of shots in a classroom full of screaming students, was slain in an exchange of gunfire with two police officers in Snyder Hall at Umpqua Community College in Roseburg, ending the morning rampage.

The gunman was not publicly identified by local authorities. A law enforcement source named him as Chris Harper-Mercer. Other media said he was 26.

In a photo posted on a MySpace profile believed to be his, a young man with a shaved head and dark-rimmed eyeglasses is seen staring into the camera while holding a rifle.

CNN reported the suspect was armed with three handguns, a "long gun" and body armor. According to survivors, the gunman at one point ordered cowering students to stand up and state their religion before shooting them one by one.

Stacy Boylan, the father of an 18-year-old student who was wounded but survived by playing dead, told CNN his daughter recounted her professor being shot point blank as the assailant stormed into the classroom.

"He was able to stand there and start asking people one by one what their religion was," Boylan said, relating the ordeal as described by his daughter. "'Are you a Christian?' he would ask them. ... 'If you're a Christian, stand up. Good. Because you're a Christian, you're going to see God in just about one second,' and he shot and killed them. And he kept going down the line doing this to people."

Another student, Kortney Moore, 18, who was present in the writing class when the gunman entered and survived unhurt, gave a similar account to the local News Review newspaper.

Authorities offered no explanation for the gunman's actions.

"The law enforcement investigation into the shooter and into his motivations is ongoing," Douglas County Sheriff John Hanlin said at an afternoon news conference. He also said three of the wounded victims were hospitalized in critical condition.

Hanlin refused to name the gunman. "I will not give him the credit he probably sought via his horrific and cowardly act," he told reporters.

The massacre in Roseburg, a former timber town on the western edge of the Cascades some 260 miles (420 km) south of Portland, was the latest in a flurry of lethal U.S. mass shootings in recent years.

Thursday's was the deadliest this year, surpassing the nine killed in a gun battle between motorcycle gangs in Waco, Texas, in May, and the nine who died in the rampage of a gunman at a black church in Charleston, South Carolina in June.

Not counting Thursday's incident, 293 mass shootings have been reported this year, according to the Mass Shooting Tracker website, a crowd-sourced database kept by anti-gun activists that logs events in which four or more people are shot.

The violence has fueled demands for more gun control in the United States, where ownership of firearms is protected by the Second Amendment of the U.S. Constitution, and better care for the mentally ill.

President Barack Obama, speaking just hours after the rampage, said the mass killings should move Americans to demand greater gun controls from elected officials.

 

 

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Non-Farm Payrolls (NFP) Employment Change is a vital economic data released on the first Friday of every month. The combination of importance and earliness makes for hefty market impacts.

It's crucial data becuase Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity. This announcment shows the change in the number of employed people during the previous month, excluding the farming industry.

The Announcement can make a big impact on trading markets, especially on the USD and EURO currencies in the FOREX (Foreign Exchange) market, and on Gold and Silver in the Commodities market.

Make sure to speak with our agents now in order to trade before the announcment. 

 

 

 

 

 

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Despite the worst three-month period for stocks since the third quarter of 2011, More than three dozen companies in the S&P 500 posted double-digit percentage gains during the third quarter.

Chipotle (CMG) was a market darling in the third quarter, gaining nearly 20%. Strong earnings in July helped. So did the return of its beloved carnitas to all its stores earlier this month.

Google (GOOGL, Tech30) also was up nearly 20% in the quarter, even as shares of rivals Apple (AAPL, Tech30) and Yahoo (YHOO, Tech30) fell. Google outperformed Facebook (FB, Tech30) too.

The company reported strong earnings in July, reassuring investors who had started to worry that its best days are behind it. Profits blew away forecasts, led by healthy growth at YouTube and Google's growing mobile ad operations.

Investors also cheered Google's creation of Alphabet -- a new organizational structure that should hopefully provide more clarity about Google's various non-core businesses, such as health care technology and driverless cars.

Amazon (AMZN, Tech30) avoided the market carnage as well, also ending the third quarter with a nearly 20% gain. Solid earnings (an actual profit!) was a big driver of the stock in the past three months.

Amazon's Prime Day event in July -- massive deals for the subscribers to its yearly service -- was also a success. Even though many people complained on social media about the types of products being sold, Amazon still reported huge sales from the promotion.

One share of Amazon costs more than $500. A Google share will put you back about $635. And you need at least seven Benjamins and a Hamilton to afford just one share of Chipotle. So the fact that these stocks thrived in the third quarter shows that investors aren't suffering from sticker shock. They'll gladly pay up for quality.

The biggest winners in the quarter were companies that announced they were being acquired in the past three months, such as utilities Teco (TE) and AGL Resources (GAS), Cablevision (CVC) and insurer Chubb (CB). Brewer Molson Coors (TAP) was also up sharply due to the wave of mergers and acquisitions ... albeit indirectly.

With Anheuser-Busch InBev (BUD) expected to soon launch a formal takeover of SABMille (SBMRY)r, investors are speculating that this could be good news for Molson Coors since it has a joint venture with SABMiller in the United States.

But there were plenty of well-known stocks not involved in deals that surged this summer too.

Want more proof that video games are big business? Activision Blizzard (ATVI, Tech30) gained more than 25% during the quarter. It has a monster of a hit with its new "Destiny: The Taken King" game.

Best Buy (BBY) continued to show that its turnaround is for real. The electronics retailer's stock benefited from new products from Apple and Samsung. Its stock was up 13% in the quarter.

Athletic apparel is immune to market volatility apparently. Both Nike (NKE) and smaller rival Under Armour (UA) soared during the third quarter thanks to strong earnings and sales.

Low oil prices gave a boost to several travel-related stocks. Southwest Airlines (LUV) and Royal Caribbean Cruises (RCL) were each up more than 10%.

Tobacco giants Reynolds American (RAI) and Altria (MO) were also market winners in the third quarter. Steady sales growth, an increased presence in the lucrative e-cig market and big dividends were music to the ears of conservative investors shunning risk.

So there was money to be made even in this hard times, as long as you owned the right mix of stocks.

  

 

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The world's largest social networking website will let you use a short video as your Facebook profile picture.

The video clip can only be a few seconds long, and it will play on loop, similar to Vine (which is owned by rival Twitter). And in a sign of our smartphone-addicted times, you'll need to be on Facebook's mobile app for iOS or Android in order to use the feature.

Facebook has placed increasing importance on video lately. With muted, autoplaying video the social network has cracked the code to increasing their online video impressions—skyrocketing from one billion to four times that, according to News.com.au.

Last week, Facebook introduced 360-degree videos that let you spin around and control what you're looking at while a video clip plays. These changes are just the latest and most noticeable to come to Facebook's mobile app.

The company has actually continually improved its apps with less flashy, but still useful features. When friends have liked a post, for example, a slide-in transition shows who of your favorite people have liked or commented on the status.

Other updates can be seen when browsing video within Facebook — after tapping one video, a list of related videos appears underneath, for example.

With Facebook's overall greater emphasis on video across the site, Profile Videos could prove hugely popular. Facebook’s new Profile Video can be recorded within the iOS or Android app by tapping on the video camera icon on the bottom right of your picture, though still images will be supported.

Facebook's new feature comes at a time when other tech companies are increasingly looking to offer users the ability to upload short, looping moving images that are somewhere between still images and movies. Earlier this month at Apple’s fall event, for instance, the company introduced many new improvements included in the iPhone 6S and iPhone 6S Plus. Among them were "Live Photos," a feature that records the moments before and after a photo is taken, then turns them into a moving image you can use on your iPhone's home screen and lock screen.

While Apple claimed that live photos will be shareable on Facebook, it's still unclear at the moment whether Facebook's new addition of moving profile images will let you upload iPhone Live Photos directly, in place of short movie clips.

Facebook already has over a billion users, over half of whom primarily access the site on mobile devices, but the company clearly does not want to stop there.

 

 

 

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The Model X is finally here.

Shares of Tesla (TSLA) were up a little less than 1% Wednesday morning, while the broader market rallied. The reviews of the Model X have been nothing short of spectacular. Tesla CEO Elon Musk should be pleased.

Chris Ziegler at The Verge wrote that driving the Model X in the so-called Ludicrous Mode left him with a "dumb grin on my face when I smash the accelerator." "My brain is basically unable to mathematically comprehend how a car of this width, height, and girth is able to hustle like that," he added.

Wired gushed that "Tesla's Model X Is Here, and It's as Awesome as We Hoped" -- adding that it's "gorgeous" and "futuristic." "The doors have sensors to detect nearby objects, which should keep them from striking objects or limbs that might be in the way. If that's not cool enough, the driver's-side door can open and close for the approaching driver without a single human touch."

And Greg Kumparak at TechCrunch wrote that "I was hoping I might walk away from my short test drive in Tesla's Model X without the desire to throw down $130,000 I don't have... Alas."

The unveiling of the oft-delayed Model X SUV comes at an interesting time for Tesla and the rest of the industry. Tesla's stock has held up relatively well during a rocky third quarter. Shares are actually up more than 10% this year.

Investors have largely shrugged off concerns about sluggish sales in China, the possibility that low gas prices will hurt demand for electric cars and a valuation that could be considered the equivalent of its vehicles' Insane Mode.

So will the Model X push Tesla's stock even higher?

Trip Chowdhry at Global Equities Research wrote in a report early Wednesday that "Tesla just killed every other manufacturer."

Chowdhry raved that Tesla has re-defined the SUV. He's predicting that Tesla could sell 89,000 vehicles overall in 2016 and report revenue of $9.11 billion. Those estimates are higher than Wall Street's consensus forecasts.

And Chowdhry's price target on Tesla's stock is $385 -- more than 50% higher than current levels. Amazingly enough, that price target is conservative compared to some of his fellow analysts. Stifel's James Albertine thinks Tesla could hit $400.

Albertine wrote in a report Wednesday that concerns about further delays to Model X production because of design issues now appear to be "overblown" and that he's also not too worried about the possibility that Model X sales will eat into Tesla's Model S sedan demand.

And then there's Tesla uber-bull Adam Jonas of Morgan Stanley. Jonas has a price target of $465 for Tesla.

 

 

 

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Russia has conducted its first airstrike in Syria, near the city of Homs, a senior U.S. official confirmed. The Russians told the United States that they should not fly U.S. warplanes in Syria, but gave no geographical information about where they planned to strike. The senior official said U.S. missions are continuing as normal.

The upper house of the Russian parliament has given President Vladimir Putin approval to use the Russian air force in Syria, according to state media. The vote came after a request by Syrian President Bashar al-Assad for military assistance in fighting ISIS, Ivanov said.

Four Russian Su-34 Fullback fighter jets are now at the Latakia air base in Syria, and more than 600 Russian troops are in place. Pentagon spokesman Peter Cook told reporters Tuesday that Secretary of Defense Ash Carter directed his staff to "open lines of communication with Russia on de-confliction."

The timing of these discussions is to be worked out in the coming days. The purpose of the discussions is "to ensure the safety of coalition air crews," he said. Cook added that the two nations have common ground when it comes to fighting ISIS, also known as ISIL, with Carter making clear that "the goal should be to take the fight to ISIL and not to defend the Assad regime."

Russia continues to position itself to potentially launch airstrikes in Syria, but its movements suggest that its targets are something other than ISIS, according to U.S. officials.

"We see some very sophisticated air defenses going into those airfields. We see some very sophisticated air-to-air aircraft going into these airfields. I have not seen ISIL flying any airplanes that require SA-15s or SA-22s (Russian missiles). I have not seen ISIL flying any airplanes that require sophisticated air-to-air capabilities," Gen. Phillip Breedlove, NATO's supreme allied commander, said on Monday.

"I'm looking at the capabilities and the capacities that are being created and I determine from that what might be their intent. These very sophisticated air defense capabilities are not about ISIL. They're about something else," he concluded.

Separately, Deputy Defense Secretary Robert Work confirmed to the Senate on Tuesday that Russia has violated a missile treaty with the United States but indicated that the administration didn't plan to take any action at present.

Sen. Kelly Ayotte, R-New Hampshire, asked Work at a hearing whether he thought the Russians had breached the Intermediate-Range Nuclear Forces Treaty governing the elimination of medium-range missiles.

"We believe very strongly that they did," he responded. But he also said, "This is still in discussions and we have not decided on any particular action at this point," noting that the United States has been in contact with the Russians over the issue.

Putin and U.S. President Barack Obama were confrontational toward each other in their morning speeches, then met to discuss Syria and Ukraine later in the day. "We have clarity on their objectives," one senior administration official said after the meeting. "Their objectives are to go after ISIL and to support the government."

 

 

 

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Edward Snowden, the fugitive who exposed the mass-surveillance practices at the National Security Agency, is now on Twitter, and he already has more followers on the social network than the NSA.

His account, which has been verified by Twitter as authentic, isn't hard to find: It's @Snowden. His attorney, Ben Wizner of the American Civil Liberties Union, confirmed to the Los Angeles Times that Snowden himself controls the account.

Snowden gained almost 300,000 followers in less than two hours after he tweeted his first message Tuesday morning. Soon after, he posted a cheeky swipe at his former employer, the NSA, whose account only has 76,000 followers. (The NSA is also the only Twitter account that Snowden follows.)

The NSA did not immediately respond to The Times’ request for comment about Snowden, a former contractor for the agency who has been granted asylum in Russia to avoid espionage and theft charges in the U.S. related to his 2013 leaks. But Twitter's interim chief executive, Jack Dorsey, responded to Snowden’s first tweet:

Dorsey's welcome is not an outlier. Although Snowden is officially a wanted man in the eyes of the U.S. Justice Department, his voice has been repeatedly amplified by America's most esteemed mass-media institutions.

After the Guardian and the Washington Post published a series of stories about NSA's surveillance practices based on Snowden's disclosures, judges awarded both outlets Pulitzer prizes.

After documentarian Laura Poitras created a film about Snowden's leaks, "Citizenfour," the Academy of Motion Picture Arts and Sciences gave her an Oscar for best documentary. Snowden's story will also be featured in a major Hollywood movie, "Snowden," starring Joseph Gordon-Levitt and directed by Oliver Stone.

Twitter, one of Silicon Valley's most popular social-media companies, accommodated Snowden's wish to join Twitter by clearing out an old account that had claimed the @Snowden handle but had not tweeted for three years, according to The Intercept.

A Twitter spokesman did not immediately respond to an interview request from The Times seeking more information about the company's decision to give Snowden the blue "verified" checkmark given to public figures and celebrities.

Twitter's policies forbid users from using the service "for any unlawful purposes or in furtherance of illegal activities," which implies the company believes that Snowden using its service while avoiding prosecution doesn't constitute a crime. (U.S. Army whistleblower Chelsea Manning also has a verified Twitter account, which is reportedly remotely operated by supporters who relay Manning's messages from prison.)

Snowden himself noted that the government would likely be interested in his presence on Twitter with an allusion to Ft. Meade, Md., the home of the NSA.

Snowden's choice to join Twitter was also notable for security reasons, given that he has shown how the NSA's broad collection of Americans' personal information was made possible by cooperation with the tech and communications companies that often hold that information.

Twitter's terms of service note that the company may collect a user's "IP address, browser type, operating system, the referring web page, pages visited, location, your mobile carrier, device information (including device and application IDs), search terms, and cookie information."

In a recent interview with Fusion, Snowden noted that he was worried about joining social-media services for security reasons.

"Exploit codes [could be embedded] into the transactions I’m receiving from a legitimate service and compromise the security of my devices. I’ve been working for a long time on improving that and creating set-ups that are more robust and survivable when you do get owned," Snowden told Fusion, adding: "How do you limit the damage? How do you recover in the wake of a compromise? I’ve made a lot of strides in that and am looking forward to, hopefully, participating [on social networks] in a more open and active manner in the near future."

One of the tipping points appears to be a recent interview that Snowden conducted with celebrity astrophysicist Neil DeGrasse Tyson.

"I tried to find you on Twitter, and I couldn't find your handle ... you kind of need a Twitter handle, so like, @Snowden, maybe, is this something you might do?" Tyson asked Snowden.

"That sounds good, I think we gotta make it happen," Snowden replied, laughing. "You and I will be Twitter buds ... your followers will be the Internet, me and the NSA, it'll be great."

And sure enough, one of Snowden's first tweets was directed at Tyson, with a nod toward the recent discovery of water on Mars.

 

 

 

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Scientists have confirmed that liquid water flows on Mars. New research suggests the dark streaks that seasonally appear and fade away on the surface of Mars are caused by running, salty water.

"It took multiple spacecrafts over several years to solve this mystery, and now we know there is liquid water on the surface of this cold, desert planet,” Michael Meyer, lead scientist for NASA’s Mars Exploration Program, said in a press release.

Scientists have long assumed that Mars holds water, based on things like photographs of river flows on the planet and data from rovers, but we've lacked any direct evidence until now. The new research was published today, September 28, in the journal Nature Geoscience.

The dark streaks, some of which reach over 100 meters long, were first noticed in 2010. They're called recurring slope lineae (RSL) and they only appear on slopes near the planet's equator during warm weather, and then fade away when temperatures drop. Now new images and data from the Mars Reconnaissance Orbiter show the streaks contain hydrated salts. Scientists already know these salts precipitate out of liquid water.

The data and images don't show the actual liquid water, but the streaks of salt wouldn't be there without some recent influx of water, Mary Beth Wilhelm of NASA's Ames Research Center, said during a press conference.

Mars is extremely cold: the average temperature is about minus 67 degrees Fahrenheit — but these salts are capable of lowering the freezing point of water enough to where liquid water could flow during Mars' warm season.

"The hydrated salts would lower the freezing point of a liquid brine, just as salt on roads here on Earth causes ice and snow to melt more rapidly," according to the NASA press release.

The paper doesn't speculate as to where the water is coming from though. The next step to figuring that out is to survey more of these streaks at the same high resolution, former NASA astronaut John Grunsfeld said during the press conference.

Some scientists suspect it's likely that microbial life exists under the surface of Mars, and this discovery is more support for that hypothesis. "We haven't been able to say whether life exists beyond the Earth, but following the water is a critical element of that," NASA's director of planetary science Jim Green said during the press conference.

Now at least we know the right spots to search for signs of life on Mars, he added. That said, these salty streaks only appear on very steep slopes and rocky terrain, so it will be difficult to investigate them up close.

NASA would need to create a specially designed rover capable of navigating the terrain, Grunsfeld said. There's also concerns about possibly contaminating the Martian water with Earth microbes if we sent a rover to collect samples.

We will send humans to Mars in the near future, and this is more evidence that the resources for humans to eventually live on the surface are already there, Grunsfeld said during the press conference.

"It seems that the more we study Mars, the more we learn how life could be supported and where there are resources to support life in the future," Meyer said in the press release.

 

 

 

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