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non-farm payrolls

Bobbys Corner-Open Market-Sept.2.2011

Good Morning:

Investors and traders worldwide will be awaiting this morning’s release of US employment data at 8:30 AM EST.

The US has a national holiday on Monday-Labor Day.  Most US markets will be closed-but the FX market will be up and running.

Bobbys Corner-Open Market-April.1.2010

Good Morning:

The USD slipped overnight as speculation that the global recovery is gaining traction-thus  diminishing the demand for the USD as a refuge.  Risk seems to creeping back into the FX marketplace.
The FX markets are fairly quiet with the Easter Holiday upon us, and US employment data due out Friday morning.  The players left in the market will be sitting on their hands till then.

World equity markets rallied, and US Futures are also pointing to a higher opening this morning.  Commodities also jumped, as reports from China show that manufacturing is expanding at a steady pace.

Oil:$84.48                                                  Gold:$1115.90

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