On Friday, US payrolls were close to breaking point, with a 236k March high yet -17 k In the reviews, though, there is a weak skew towards the commodity segment. Our expected opinion 0.3% High hourly earnings leaving a 4.2% gain y/y. The unemployment rate fell to 3.50% from 3.57%, leaving the rate above a 54-year low of 3.43% in January, with huge gains in 577k Civil employment and 480 kilos labor force, while the labor force participation rate rose to a new 3-year high 62.6% from the previous high of 62.5%. However, there was another decrease in the work week to 34.4 In March, this sent the hours worked index down -0.1% after slightly downward revisions. Overall, it raises expectations for a Fed hike of 25 basis points on May 3.
Overnight: Japan – March Consumer Confidence index 33.9 against 31.1 before
- FX – USD slid under 101.50 on Friday and remains below 102.00 today in 101.85. euro still in 1.0900 Today, having risen to 1.0875 on NFP data. JPY violated 132.00 On Friday and carry 132.60 ahead of Gov. Ueda. sTurling Refuse from the key 1.2500 the exams 1.2400 today.
- Stores – US markets closed mixed led by technology stocks on Thursday (+0.76% to -0.03%) #US500 locked in 4105 – 500 USD FUTS touched 4145 on Friday, but today it fell at 4127. Q1 earnings season Go with the big one Wall Street Banks this week.
- Goods – Lycel oil – Futures are the key $80.00 And even the break of $81.00 briefly earlier after OPEC Production cut at the end of last week. gold – sub-vital fracture 2000 dollarstest in support in 1987 dollars, before recovering to 1995 dollars.
- Digital currencies – BTC slide into $27.7k, He took back the key $28k and tests 28.4 thousand dollars today.
today – Most of the trading positions remain closed to easter monday, Speeches by the new Governor of the Bank of Japan Uedaand the Federal Reserve williams.
The largest forex engine @ (07:30 GMT) US dollar / Japanese yen (+0.49%). 3 days walk from below 131.00 Test continues 132.75 resistance today. Moving averages align up, MACD histogram and signal line are positive and bullish, RSI 62.00 and bullish, H1 ATR 0.191, daily ATR 1.310.
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Stuart Coyle
Principal market analyst
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