Intraday Market Thoughts
Archived IMT (2009.10.09)
by
Oct 9, 2009 1:45
CANADA's Sep EMPLOYMENT report (7:00 am EDT 11:00 GMT) will be highly scrutinized for whether it will produce a net increase of jobs following the unexpected net increase of 21K jobs in August. Markets expect a net decline of 7K jobs and 8.8% unemployment rate from 8.7% in August. Last time Canada jobs showed 2 monthly net creations was in summer 2008. Considering the current positive risk environment, an increase of at least 3K jobs could well drag USDCAD towards 1.0470, especially if the unemployment rate remains unchanged, or declines. EURUSD still fails to regain $1.4860s. WATCH ASHRAF'S CNBC APPEARANCE http://bit.ly/19iPoe
Latest IMTs
-
Inflection points in Gold إنعطافات الذهب
by Ashraf Laidi | Sep 22, 2023 18:25
-
GBP Does it again عملها مرة أخرى
by Ashraf Laidi | Sep 20, 2023 13:19
-
ندوة أوربكس الآن مع أشرف العايدي
by Ashraf Laidi | Sep 19, 2023 18:43
-
Gold & CPI Scenarios الذهب والسيناريوهات
by Ashraf Laidi | Sep 15, 2023 12:11
-
ECB poll قرار المركزي الاوروبي
by Ashraf Laidi | Sep 14, 2023 12:37