Market insights

Bellwether Report Today

Today sees the American job numbers release.

Referred to as the Non Farm Payrolls it indicates the number of permanent positions won or lost in the US.

The expectation is for 200,000 jobs to have been gained.

More will be bullish for the Dollar and vice versa.

There's also European GDP numbers out mid morning with quarterly growth of 0.4% expected.

If that wasn't enough there's also the US Michigan consumer sentiment reading mid afternoon.

All in all there's plenty for traders to be pricing in today.

The US aerospace company, Boeing, dominates the business news with their pay offer and having their crash legal plea knocked back.

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Economic calendar

EUR: 10:00 GDP Report

US: 13:30 Non Farm Payrolls

US: 15:00 Michigan Consumer Sentiment Index

As ever we look forward to keeping you in the loop and look out for our next update.

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