Market Update

NFP is set to be released on Friday, November 5 at 12:30 GMT. here are the forecasts by the economists and researchers of four major banks regarding the upcoming employment data SocGen “In our forecast for a 520K job increase in October, the first consideration is a neutral contribution from …

European shares were little changed on Friday after climbing to the highest level in previous sessions, and the impact of losses in energy and materials stocks overshadowed the dispelling of concerns about monetary tightening around the world. The pan-European Stoxx 600 index rose 0.05 percent, rising for the seventh consecutive …

It was a bit quiet on Friday as the markets awaited employment data from the US due to be released on Friday. The Nikkei index lost 0.61% to close at 29611.57 points, after rising 0.15% earlier in the session after a strong closing of the major US indices. The broader …

German industrial output fell unexpectedly in September, as supply problems related to raw materials and commodities continued to affect production in Europe’s largest economy. Germany’s Federal Statistics Office said industrial output fell 1.1% month over month after an upwardly revised 3.5% drop in August. A Reuters poll had forecast industrial …

Japanese stocks fell at the end of the last sessions of the week, affected by doubts about the expectations of local companies, while technology shares recorded gains, tracking the rise of the Nasdaq index, which limited losses. The Nikkei index lost 0.61% to close at 29611.57 points, after rising 0.15% …

Any changes in the RBA’s monetary policy statement report is expected to affect the AUD volatility. If the RBA statement shows a hawkish trend, that is seen as positive for the AUD, while a dovish outlook is seen as negative.The Reserve Bank of Australia’s monetary policy statement will be released …

Inflation is still the one issue that irritates fiscal policymakers and the officials of the central banks across the Atlantic.On Thursday’s session, the U. S. dollar was the unchallenged winner. The USD was able to resume its advance and reached fresh weekly highs against high yielding rivals. On the other …

Square Inc. reported, Thursday, lower-than-expected revenue for Q3 as less volatile pricing for bitcoin has a significant impact on demand, though the company’s chief financial officer noted “strength” in volume during October.The company posted a break-even Q3, after earning $37 million, or 7 cents a share, in the year-earlier quarter. …

On Thursday’s session, the U. S. dollar is the unchallenged winner. The USD was able to resume its advance and reached fresh weekly highs against high yielding rivals.On the other hand, safe-haven assets edged higher against the USD, although without breaking any critical level.The Bank of England had a monetary …

Financial shares were suffering a broad beating Thursday, as Treasury yields sank in the wake of the Federal Reserve’s detailing of its tapering plans. As the Bank of England held off on an expected rate hike, the SPDR Financial Select Sector ETF dropped 2.0% with 61 of 65 equity components …