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NFP Release Non-Event

On Friday, the Non farm payroll data was finally released for the month of March. From the 8th-14th March, 701,000 jobs were lost in the United States, far exceeding predictions of 100,000....

Jobless Claims Double Again

Yen Appreciates for Third Day

Despite a drop in the Nikkei 225, Japan’s stock index, the Japanese Yen has seen 3 straight days of gains now against the US Dollar. In contrast, the Nikkei dropped back below 18,000 points, a one week low....

Where Has All The Gold Gone?

Key Events To Look Out For This Week

As we enter a new week of trading, here are the key events to watch out for which will affect the markets....

US Stocks Set To Reverse As Jobless Claims Break Records

This week’s jobless claims data has hit unprecedented numbers. The number jumped to 3.28 million. Initial expectations of 1-1.5 million, which was still a very high estimate, were blown out of the water....

NZD, AUD Claw Back Up Amid Weakening US Dollar

The New Zealand Dollar is fighting it’s way back up as the country enters it’s first official day of nationwide lockdown. It posted a 0.67% gain for the trading day, up to 0.58390 cents against the US Dollar. Just a...

Nikkei 225 the First to Recover, Gold Facing Historical Shortage

The Nikkei 225, or Japanese Stock Index had an 8% gain for the day, following on from its 7% gain from the previous day. Less than a week ago the Nikkei had just hit lows not seen since 2017, falling...

US Federal Reserve Unveils Drastic New Strategy

Yesterday, the US Federal Reserve announced extensive new measures in order to help the US economy. This included a new asset purchase program, including corporate bonds, for the first time since the 2008 financial crisis....
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