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Gold and oil pop after US jobs report (news:02/09/2016)

Today's Press

  • Payrolls climbed by 151,000 last month following a 275,000 gain in July that was larger than previously estimated, a Labor Department report showed Friday in Washington. The median forecast in a Bloomberg survey called for 180,000. The jobless rate and labor participation rate held steady, while wage gains moderated and hours worked were the lowest since 2014.

  • The deficit declined to $39.5 billion, 11.6 percent lower than June's $44.7 billion deficit, the Commerce Department reported Friday. Imports dropped 0.8 percent to $225.8 billion, reflecting in part lower oil imports. Exports climbed 1.9 percent to $186.3 billion, the highest level since last September, led by increased sales of American farm products.

  • Gold jumped 1 per cent to $1,325.11 an ounce after a report on Friday showed that the US economy created fewer than expected jobs in August, prompting the dollar to fall and dampening expectations of a rate rise by the Federal Reserve as early as this month.

Next Trading Day's Important Events

Forex Quotes:

  • USDJPY: 103.64
  • EURUSD: 1.1199


  • S&P 500: 2,170.87
  • NASDAQ : 5,227.21


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