lohchang
04-01-2008, 14:29
Today’s economic releases
-forecast-
US NFP (70k)
Unemployment rate (4.8%)
Change in manufacturing payroll (-15k)
Average hourly earnings –YoY-MoM- (3.6% - 0.3%)
Average weekly hours (33.8).
-Actual-
US NFP (18k)
Unemployment rate (5.0%)
Change in manufacturing payroll (-31k)
Average hourly earnings –YoY-MoM- (3.7% - 0.7%)
Average weekly hours (33.8).
There goes USD hope for recovery. USD to get volatile today (but heading downtrend), JPY strengthens and Commodities prices will rose a little or remain before it slides, as weak economy curb energy product consumption.
Good luck trading everyone.
-forecast-
US NFP (70k)
Unemployment rate (4.8%)
Change in manufacturing payroll (-15k)
Average hourly earnings –YoY-MoM- (3.6% - 0.3%)
Average weekly hours (33.8).
-Actual-
US NFP (18k)
Unemployment rate (5.0%)
Change in manufacturing payroll (-31k)
Average hourly earnings –YoY-MoM- (3.7% - 0.7%)
Average weekly hours (33.8).
There goes USD hope for recovery. USD to get volatile today (but heading downtrend), JPY strengthens and Commodities prices will rose a little or remain before it slides, as weak economy curb energy product consumption.
Good luck trading everyone.