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Weekly Market Outlook (07-11 October)
UPCOMING EVENTS: Monday: Eurozone Retail Sales. (China on holiday) Tuesday: Japan Average Cash Earnings, RBA Meeting Minutes, US NFIB Small Business Optimism Index. Wednesday: RBNZ
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Dow Jones climbs in NFP-fueled risk appetite recovery
The Dow Jones recovered ground on NFP Friday, but still remains down on the week.. The US added far more jobs than expected in September.
The AUDUSD is lower and below a key downside target.What next for today and going forward
The AUDUSD moved sharply lower in US trading today on the back of the stronger US jobs report. The move lower took the price below
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US Dollar jumps with Fed Dudley and US data driving Greenback higher amidst geopolitical turmoil
The US Dollar gains further after former NY Fed President Dudley commented on Fed rate cut path. Reports are coming in from explosions being heard