Author Archives: Trade Advantage

US: Nonfarm Payrolls: 171.000

Posted on by

Date (GMT) Event Cons. Actual Previous Nov 2 12:30 Nonfarm Payrolls 125.000 K 171.000 K 148.000 K Read the official report at US Department of Labor News Forex: GBP/USD plunges to 1.6030 after US data (FXstreet.com) Fri, Nov 2 2012, 13:15 GMT Forex: USD/CAD slumps after US, Canadian jobs data (FXstreet.com) Fri, Nov 2 2012, 13:09 GMT Forex: USD/JPY rallies to 80.68 high on US NFP (FXstreet.com) Fri, Nov 2 2012, 12:55 GMT US Oct Average Weekly Hours steadies at 34.4 and Average Hourly Earnings (YoY) rise 1.6% (FXstreet.com) Fri, Nov 2 2012, 12:38 GMT US: NFP up 171K in October (FXstreet.com) Fri, Nov 2 2012, 12:37 GMT Reports EUR Bulls become Bears ahead of NFP (OANDA Corporation) Fri, Nov 2 2012, 10:44 GMT Risk Appetite Wanes Ahead of NFP (Swissquote Bank SA) Fri, Nov 2 2012, 09:35 GMT Asia Today: It’s a long wait for tonight’s non-farm payrolls (Saxo Bank) Fri, Nov 2 2012, 09:35 GMT Research Note: Sandy and Presidential elections weigh on Friday’s payrolls report (FOREX.com) Fri, Nov 2 2012, 07:26 GMT EUR/USD and GBP/USD Report Pre NFP thoughs (Platinum Investments) Fri, Nov 2 2012, 07:17 GMT

Read the original post:
US: Nonfarm Payrolls: 171.000

CA: Net Change in Employment: 1.800

Posted on by

Date (GMT) Event Cons. Actual Previous Nov 2 12:30 Net Change in Employment 5.000 K 1.800 K 52.100 K Read the official report at Statistics Canada News Forex: USD/CAD slumps after US, Canadian jobs data (FXstreet.com) Fri, Nov 2 2012, 13:09 GMT Canada: Employment rises 1.8K in October after +52.1K in the prior month (FXstreet.com) Fri, Nov 2 2012, 12:48 GMT Canada: Net Change in Employment decreases to 1.8K in Oct from 52.1K in Sep (FXstreet.com) Fri, Nov 2 2012, 12:39 GMT Canada: Unemployment Rate remains at 7.4% in Oct (FXstreet.com) Fri, Nov 2 2012, 12:37 GMT Forex Flash: USD/CAD to press lower on US and Canada jobs – TD Securities (FXstreet.com) Fri, Nov 2 2012, 12:13 GMT

See original here:
CA: Net Change in Employment: 1.800

The commodity was bullish yesterday after a decent range overnight

Posted on by

S&P 500 (Dec 12) INTRADAY Review We were definitely justified in maintaining our bullish view yesterday despite a bearish session on Wednesday. The S&P snapped its six day doji fest and posted a very strong 1.2% climb to take the market back up to test the key level at 1424.75 which was August’s high. The economic data was the main driving force with a very strong ADP employment number, a better than expected ISM Manufacturing and although the Consumer confidence number just missed

Read more from the original source: 
The commodity was bullish yesterday after a decent range overnight

Adjust stop loss

Posted on by

Review: ISM offered a positive surprise and signalled moderate progress in the US manufacturing industry, and consumer confidence in the US showed that consumers are slightly less pessimistic. ADP came as a positive surprise and indicates strong non-farm payroll figures today. These three events sent risky assets into positive territory, particularly Asian equities performed well in anticipation of future higher exports to the US. Market sentiment: Most likely the currencies will trade within

Here is the original:
Adjust stop loss

UK: PMI Construction: 50.900

Posted on by

Date (GMT) Event Cons. Actual Previous Nov 2 09:30 PMI Construction 49.100 50.900 49.500 Read the official report at Markit Economics News Forex: EUR/GBP sells off post UK PMI (FXstreet.com) Fri, Nov 2 2012, 09:52 GMT UK: PMI Construction grows to 50.9 in October, against expectations (FXstreet.com) Fri, Nov 2 2012, 09:38 GMT Forex: GBP/USD recovering 1.6100 on UK PMI Construction (FXstreet.com) Fri, Nov 2 2012, 09:38 GMT UK Oct PMI Construction increase to 50.9 vs 49.5 (Sep) (FXstreet.com) Fri, Nov 2 2012, 09:30 GMT

View original post here: 
UK: PMI Construction: 50.900