Higher Than Expected ADP Figures

Gold was down on Thursday morning in Asia, remaining flat as the dollar remained near a one-year high. Investors also kept moves small, with the latest U.S. jobs report due later in the week.

The yield on benchmark 10-year U.S. Treasuries eased off a more than three-month high overnight but remained above the 1.5% mark.

On the data front, the U.S. ADP non-farm employment change for September was a higher-than-expected 568,000. Subsiding numbers of COVID-19 cases boosted high-contact activity such as dining out at restaurants and travel.

Investors now await the jobs report, including non-farm payrolls, due on Friday to glean clues about the U.S. Federal Reserve’s timeline to begin asset tapering.

Thursday 7th October – High Impact Events

The times below are GMT+3

  • 15.30 – US – Unemployment Claims

Potential instruments to Trade: USD Crosses.

  • 17.00 – Canada – Ivey PMI

Potential instruments to Trade: CAD Crosses.

  • 19.00 – Canada – BOC Gov. Macklem Speaks

Potential instruments to Trade: CAD Crosses.

If you have any questions, please email our Education Centre.

If you have any questions or require any assistance, please contact one of our support team members via our Live Chat or email [email protected].

We are Errante. Trading made personal.

Errante is the trading name used by Notely Trading Ltd, an Investment Firm authorized and regulated by the Cyprus Securities and Exchange Commission (CySec) under license number [383/20]. Errante is governed by the Markets of Financial Instruments Directive (MiFID II) of the European Union.

To find out more about Errante, visit https://errante.eu.

I CFD sono strumenti complessi e comportano un rischio elevato di perdere rapidamente denaro a causa della leva finanziaria. Il 33.33% dei conti degli investitori al dettaglio perde denaro quando opera con i CFD di questo fornitore. Dovreste valutare se siete in grado di capire come funzionano i CFD e se potete permettervi di correre il rischio elevato di perdere il vostro denaro. Informativa sul rischio.

Inizia gratuitamente

Crea un Account
×

Search