Mar 31


  • BY: Donal Kelly
  • March, 31st, 2016 18:43 +00:00

Good evening,

US indices went in negative territory as traders expect volatility from jobs data tomorrow. The S&P500 is losing 4.62 points at 2,059.33 (-0.22%) and the DJIA is at 17,685 (-0.18%).  Is possible that good job data may be viewed negatively by the financial community as market sentiment is positive thanks to a dovish Federal Reserve.

In the FX market today the performance of the US dollar is mixed as EurUsd is up 52 pips at 1.1388 (+0.46%) but the Greenback is gaining against the Loonie dollar with UsdCad at 1.2991 (+0.18%).  Cable and UsdJpy are flat at 1.4384 and 112.49 respectively.  Crude Oil is up 5 cents at 38.37 $/barrel (+0.13%) and Gold is at 1,233.4 $/oz (+0.39%).

The Asian session will kick off with the Chinese Non Manufacturing PMI at 01:00 GMT and then the European session will start with the Swiss Retail Sales data at 07:15 GMT. At 12:30 GMT the most important events of the day: US Non Farm Payroll and Unemployment Rate.