Trading news


 A Decline in The US Jobs Sector

The US Dollar fell against all currencies after the U.S. Labor Department released the labor market data on Friday.

The U.S. economy added 142,000 jobs in September, missing expectations for a rise of 203,000 jobs, after a gain of 136,000 jobs in August. The figure was revised down from a rise of 173,000 jobs.The increase was partly driven by a rise in health care employment. Health Care sector added 34,000 jobs in September, while the Manufacturing sector lost 9,000 jobs. Professional and Business Services sector added 31,000 jobs in September, while Mining sector shed 10,300 jobs.

The U.S. Unemployment Rate remained unchanged at 5.1% in September, in line with expectations. It was the lowest level since April 2008.

Average Hourly Earnings were flat in September, missing forecasts of a 0.2% gain, after a 0.4% increase in August. The figure was revised up from a 0.3% rise.

The Labor-Force Participation Rate declined to 62.4% in September from 62.6% in August. It was the lowest level since October 1977.

These figures indicate that the interest rate hike by the Fed this month is unlikely despite comments by some Fed officials.

European Economic Data
Time GMT Event Vol Forecast Previous
 08:00 Markit Service PMI (Sep) -0.6% -0.1%
08:00 Markit PMI Composite (Sep) -2.4% -2.1%
08:30 Sentix Investor Confidence (Sep)    
09:00 Retail Sales (Yearly)    
09:00 Retail Sales (Aug)    
American Economic Data
Time GMT Event Vol Forecast Previous
13:45 Markit Service PMI (Sep)   55.6
13:45 Markit PMI Composite (Sep)   55.3
 14:00 ISM Non-Manufacturing PMI (Sep) 58 59
14:00 Labor Market Conditions Index (Sep)


British Economic Data
Time GMT Event Vol Previous Forecast
08:30 Markit Service PMI (Sep) 56.0 55.6




Japanese Economic Data
Time GMT Event Vol Previous Forecast
01:30 Labor Cash Earning (Yearly)      0.9%



Australian Economic Data
Time GMT Event Vol Forecast Previous
01:30 ANZ Job Advertisements (Sep)   1.3%


Gold prices rose on Friday after US employment data, to reach 1141 dollar per ounce, up from US 1106 dollar per ounce.


Crude oil prices rose during Friday’s trading session, after figures showed a decline in the employment sector in the United States.

         Multi-Award Winning Broker We accept
                            American Express logo


All market information provided in the ICM Capital Daily Market Outlook is based on several independent sources believed to be reliable and are written in good faith. This information  does not represent personalised investment advice nor a solicitation for the trading of any investment or any trades. The prices and news mentioned in this outlook are absolutely no guarantee of future market performance. There are risks associated with any investment and we strongly encourage readers to supplement the information in this Market report with independent research and other professional advice before making any investment decisions.

Engaging in CFDs or Spot FX carries a high risk to your capital. You should not engage in this form of investing unless you understand the nature of the Transaction you are entering into and the true extent of your exposure to the risk of loss. Your profit and loss will vary according to the extent of the fluctuations in the price of the underlying markets on which the trade is based.

ICM Capital Limited is a company registered in England and Wales under registered number: 07101360. ICM Capital Limited is authorised and regulated by the Financial Conduct Authority (FCA) Register Number: 520965.


London Headquarters

Level 36, One Canada Square,

London, E14 5AB,

United Kingdom.


IMPORTANT NOTICE: The information in this email (and any attachments) is confidential. If you are not the intended recipient, you must not use or disseminate the information. If you have received this email in error, please immediately notify us by "Reply" command and permanently delete the original and any copies or printouts thereof. Although this email and any attachments are believed to be free of any virus or other defect that might affect any computer system into which it is received and opened, it is the responsibility of the recipient to ensure that it is virus free and no responsibility is accepted by ICM Capital or affiliates either jointly or severally, for any loss or damage arising in any way from its use.

Monday, 05 Oct, 2015 / 9:54

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source :

Trading news


Stocks falter again, bruised dollar seeks to end losing streak

  Market mood sours again as China crackdowns, mixed earnings and [...]

Posted on Friday, 30 Jul, 2021 / 9:44 under


The resurgence of covid-19 cases, with the rapid spread of the Delta variant [...]

Posted on Thursday, 29 Jul, 2021 / 10:57 under

Eurozone Q2 GDP: The Recession Is Over

Tomorrow we await the official confirmation that Europe has exited the [...]

Posted on Thursday, 29 Jul, 2021 / 10:40 under