NFP results: USD/JPY up, gold down
Today's NFP brought us some strong data - how did Forex react?
China September factory activity is seen tumbling at a slightly slower pace
In September, China's factories managed to spur activity for the 14th straight month because the country's year-long building boom as well as higher prices earned hearty revenues, although the tempo of surge might have slumped moderately from August.
On Sunday, the official manufacturing Purchasing Managers' Index is believed to show 51.5 for September, decreasing marginally from August's outcome of 51.7. It follows from a median prediction of 24 financial experts surveyed by Reuters.
China's manufacturers reported sturdy earnings, powered by a government-led infrastructure spending spree, firmer factory-gate prices as well as recovering exports.
In August, revenue ascend at Chinese industrial companies at the fastest monthly tempo in four years because of higher commodity prices, as data disclosed on Wednesday.
Concerns as for a steep sag in demand in the nearer months have caught China iron ore futures tumble more than 20% since August, although steel prices have kept going up.
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Latest news
NFP results: USD/JPY up, gold down
Today's NFP brought us some strong data - how did Forex react?
NFP forecasts from 10 major banks
Today is the big day! Investors are waiting for NFP at 15:30 MT time.
Main market news on June 5
EUR skyrocketed after the ECB statement ,stocks keep rallying, gold froze ahead of NFP
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