It's jobs week: What's on the economic calendar in the week ahead
It's non-farm payrolls week
It's been a September to remember with some good volatility throughout financial markets. Next week we will turn the calendar to October and that means we'll get the September jobs report.
Down $0.06 or -0.15%
The close last Friday settle that $41.32. The settle today $40.25, has pushed the price down $1.07 on the week. That is down 2.58% on the week. The high price this week was on Monday at $41.49. The low price was also on Monday at $38.87. Those lows skimmed along its 100
EURUSD has its largest week decline since March 2020
Down 210 pips on the week
The EURUSD has had its largest week decline since March 2020 when the price fell 336 pips. The fall this week at current levels has seen the price move from the week Friday close at 1.18376 to the current level of 1.16276. That is a decline of 210 pips.
You can't even get yield in emerging markets
The race to zero has expanded to emerging markets. This move wasn't entirely expected with nearly one third of economists surveyed thinking they would hold.
Rig count climbs
Higher natural gas prices have given some drillers an incentive to get back to work. There's a blurred line between gas and oil rigs because oil drilling spits off a lot of natural gas as well.
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