DailyMarkets.com - Stock Index Futures Rally On “Decent” Non-farm Payrolls Report

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• Stock Index Futures Rally On “Decent” Non-farm Payrolls Report
• Oil Tops $92 After Morning Breather
• Euro Inches Higher Against US Dollar; Yen Leads, Pound Trails
• Wall Street Opens Higher, Extends Friday’s Gains
• Euro Slips On ECB Response Doubts

Stock Index Futures Rally On “Decent” Non-farm Payrolls Report Posted: 06 Aug 2012 10:15 AM PDT Monday, August 6, 2012 Though Friday’s NFP figures were a welcome sight after several months of below expectation gains, the 160,000 plus jobs created only meets the requirements to match that of the rate of increase in the population and will do little to actually decrease the unemployment rate, which may act as a brake on further strong gains for equity index futures. Fundamentals Equity markets erased last week’s losses on Friday, as the widely anticipated Non-farm Payrolls figures were … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Oil Tops $92 After Morning Breather Posted: 06 Aug 2012 10:00 AM PDT 08/06/12 Crude oil futures are extending Friday’s advance, after seeing profit-taking earlier in the session. Oil rallied nearly 5% following the expansion in nonfarm … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Euro Inches Higher Against US Dollar; Yen Leads, Pound Trails Posted: 06 Aug 2012 09:13 AM PDT Fundamental Headlines - Bernanke says Economic Data May Mask Individual Suffering – Bloomberg - Pound Declines as Home Prices Fall Amid Weaker Economy – Bloomberg - Italy Doesn't Need German Cash, Monti Tells Germans – Reuters - Friction as China Clout Grows in Japan – WSJ - Syria Prime Minister Reportedly Defects – WSJ Asian/European Session Summary High beta currencies and risk-correlated assets moved slightly lower in Asian and European trading on Monday, although fresh highs in … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Wall Street Opens Higher, Extends Friday’s Gains Posted: 06 Aug 2012 03:22 AM PDT 08/06/12 US equity markets extended Friday’s gains, tracking global bourses higher. Knight Capital Group announced a $400 million financing deal to boost its capital … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Euro Slips On ECB Response Doubts Posted: 06 Aug 2012 02:22 AM PDT 08/06/12 The EUR/USD came off a one-month high as optimism over the ECB remained limited. It is a quiet trading week, with the RBA and BoJ rate decisions on … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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