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| US labor market figures released in September disappointed the market. All three releases missed forecasts: wage growth slowed down from 0.3% to 0.1%, jobs growth (NFP) was 156K versus 180K expected, and the unemployment rate rose from 4.3% to 4.4%. |
| That’s why market players will be really eager to know whether this deterioration in data was a one-off event or a new negative trend. If traders get disappointed once again, the USD will seriously suffer. Improvement in figures will support the US currency. |
| The release will take place at 15:30 MT time on October 6. |
The American federal authorities concluded the 2018 fiscal year boasting $779 billion in the red because tax trims hit gains and the authorities paid more to have a soaring national debt serviced, as follows from Treasury Department data disclosed on…
It seems like this week is about CPI and Brexit, although there is more news!
In September, China's all-mighty export engine suddenly kicked into higher gear, generating a record trade surplus with America that could potentially worsen the already-heated clash between the two leading economies…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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