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Friday, February 02, 2007

Market Update

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Everything in line for USD move higher, especially in USDJPY: 1) Fixed Income strongly rejected at attempted rally. 2) Stocks are making new highs. 3) Oil is going higher. 4) Emerging Markets look strong.

13:30 GMT today will most likely offer some really big moves in the USD majors.

Stocks likely to edging higher before the figures, Bond traders are sniffing some good figures today…

Important US Figures today
13:30 GMT - Change in Nonfarm Payrolls
13:30 GMT - Change in Manuf. Payrolls
13:30 GMT - Unemployment rate

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