Sunday, 9 October 2011

NFP beats expectations

NFP coming in at 103K jobs added beating expectations of 57K, as well as this August payrolls were revised upwards, resulting in equities maintaining there upward surge from the previous days announcement of BOE's easing program. We also saw a rally in EUR/USD and GBP/USD with GBP/USD making a high of 15646 and the Dow made an intraday high of 11245

Name Price Chg %Chg
FTSE 100 5303.4 12.14 0.23%
Dow Jones IA 11103.12 -20.21 -0.18%
NASDAQ 2479.35 -27.47 -1.10%
DAX 30 5675.7 30.45 0.54%
CAC 40 3095.56 20.19 0.66%
AEX 465.12 -1.14 -0.24%
GBP/USD 1.55 41/47 -0.00 -0.11%
GBP/EUR 1.16 34/44 0.00 0.08%
EUR/USD 1.33 55/57 -0.00 -0.15%
USD/CHF 0.92 81/89 0.00 0.14%
USD/JPY 76. 72/75 0.01 0.01%
GBP/JPY 119. 22/33 -0.17 -0.14%
Gold $/oz 1637.9 0.30 0.02%
Silver $/oz 31.144 0.00 0.00%
Platinum $/oz 1486.25 -27.75 -1.83%
Palladium $/oz 585.55 -17.95 -2.97%
Brent Oil $/barrel 105.77 0.53 0.50%
WTI $/barrel 82.69 0.29 0.35%


Earnings season due to commence with Aloca's release on Wednesday, further upside momentum likely to continue, (in the absence of a Greek Default, or a solution which does not meet market expectations is announced).

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