Markets quiet ahead of delayed Non Farm payrolls

Morning Report: 08.45 London

• Stock market futures are as dead as a dodo this morning as markets await the release of October’s delayed US Non Farm Payrolls. The dollar index is unchanged since gapping higher slightly this morning.

 • The yen pairs are leading the way in a generally quiet morning session. The AUD/ JPY is leading the way, up 0.23%, with the USD/ JPY up 0.13% – Small beer in the grand scheme of things.



 Coming up today:

• Coming up today we have UK public sector net borrowing at 09.30.

• The day’s main event is the delayed US non employment change, with the unemployment rate released at the same time. Markets are forecasting a +182k gain.



Trade Idea:

• While non farm payrolls represents something of a lottery today, the AUD/ JPY’s strong trend is hard to ignore.

A ONE TOUCH trade could be the way to play this, with a trade predicting that the AUD/ JPY will TOUCH 95.50 in 1 days time worth 240%

This Daily Market Report is written by Dave Evans, Professional Trader. This is presented as an idea to stimulate binary option trading ideas and is not a financial advice.

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