State of the MArket: investors expect data on employment in the US

Stock indices of the Asian and Pacific region are in plus based on the positive closing of Wall Street and due to the optimism about the commodity market. As a result, the market remains very optimistic, which negatively affects the assets of the safe haven, in particular the Japanese yen.

Another limiting factor for the movement of the market is the forthcoming report on employment in the US, which will be released today. The forthcoming report expects very positive data, despite the fact that the slowdown in the rate of employment growth after last month’s growth is likely. As a result, the dynamics of the market remains restrainedly limited after yesterday’s decline in the American currency.

Graph of the US dollar index. The current price is 91.60.

Hanzenko Anton