Friday promises to be an extremely eventful and interesting day. On the one hand, statistics on the US labor market will not let you get bored in the currency and stock markets, and on the other hand, the results of the OPEC meeting will determine the dynamics in the oil market. We will talk about this and much more in today's review.
But let's start...
The publication of data on employment in the US private sector from ADP was the main even. Considering that official statistics from the US Department of Labor will be published tomorrow, traders and other financial market participants are expressing interest in. Analysts had expected growth in May (140K) however, the number is + 102K, only. On the one hand, the...
By Andria Pichidi - February 7, 2019
The New Zealand Dollar reverted the month’s positive outlook overnight, after the announcement of the weaker than expected Labor data. The unemployment rate reported at 4.3% from 4.0% in Q3 and its forecast at 4.1%. At the same time employment was well below projections, as it grew by just 0.1% in contrast to the 1.1% in Q3...
