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Markets continue with good form after Friday's strong U.S. jobs numbers.
The NFP crushed expectations.
- Alexander Jakins
- English
- MARKETS NEWS
- Hits: 2016
It is looking like a great day for the U.S. economy.
The week is coming to an end and the Rio Olympic Games are about to begin.
The U.S. Labor Department will report at 14:30GMT on Friday how many jobs the nation created in July.
Markets await big news.
Futures are financial contracts obligating the buyer to purchase an asset, such as a physical commodity or a financial instrument, at a predetermined future date and price. Futures contracts detail the quality and quantity of the underlying asset; they are standardized to facilitate trading on a futures exchange. Some futures contracts may call for physical delivery of the asset, while others are settled in cash. The futures markets are characterized by the ability to use very high leverage relative to stock markets.
(PMI) - The Purchasing Managers' Index, is an indicator of the economic health of the manufacturing sector. The PMI is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment. The purpose of the PMI is to provide information about current business conditions to company decision makers, analysts and purchasing managers.
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