Forex
EURUSD: In early September, the euro has been trading around 1.187, aftertesting the 1.19 region for the first time since June 30 after data fromdisappointing payroll released on Friday. Investors are now waiting for theECB meeting on Thursday, where the asset purchase program will be discussedPEPP, amid signs the bank may start to limit its purchasesemergency of bonds .
DXY:
Up on Monday, the dollar index was trading above92.2, but still close to its lowest level in a month. the US economycreated just 235,000 jobs in August, well below expectations of 750,000 and thean increase of 1.05 million from July as a rise in COVID-19 infectionsmay have discouraged companies from hiring and workers from seekingactively for a job. At the same time, growth in average earnings perhour came stronger than expected, raising concerns about pressureinflationary
Commodity
Gold: Little changed, the metal was trading near its highest point in2 and a half months, amid general dollar weakness after the datadisappointing payroll .IndexesEurope: In Europe, the main indices were up, moving towards close toits all-time highs, while tech stocks soared to their levels.highest in two decades because of hopes for new stimulus. conversations torespect for new stimulus in Japan and China boosted Asian stocks duringthe night as investors weigh the implications of worse-than-ever jobs dataexpected in the US
Source:http://wintrademarkets.com/
