All eyes today are on the US Nonfarm Payroll figures, with economists predicting a rise of between 200-235 thousand jobs. Low payroll numbers earlier in the year were blamed on harsh US winter weather, but poor results for March would be a lot harder to explain away. Increased volatility in indices, commodities and forex is expected in the wake of the announcement.
Gold and the Dollar both benefited from the Euro’s fall yesterday after Mario Draghi, the President of the ECB, decided to delay any further quantitative easing measures for the Eurozone.
Meanwhile, Just Eats’ IPO float on the London market yesterday was greeted positively by investors. The company was valued at 1.47 billion, and shares rose 10% on the debut before settling back to a more sedate 263p per share, just above the top end of the expected price range.
All eyes today are on the US Nonfarm Payroll figures, with economists predicting a rise of between 200-235 thousand jobs. Low payroll numbers earlier in the year were blamed on harsh US winter weather, but poor results for March would be a lot harder to explain away. Increased volatility in indices, commodities and forex is expected in the wake of the announcement.
Gold and the Dollar both benefited from the Euro’s fall yesterday after Mario Draghi, the President of the ECB, decided to delay any further quantitative easing measures for the Eurozone.
Meanwhile, Just Eats’ IPO float on the London market yesterday was greeted positively by investors. The company was valued at 1.47 billion, and shares rose 10% on the debut before settling back to a more sedate 263p per share, just above the top end of the expected price range.
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