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NFP Focus

Posted on April 3, 2009 at 2:49 in Starting the day by David Aranzabal

Today is NFP day. We may get clear the final sentiment after this week’s battery news releases.
GBP Focus: This morning we have to watch out the following figures:
9:00 UK Halifax. This is a high impact release. Be careful with your stops if you have already an open position before the release. Take partial profit or partial lose just before the release.
9:30 UK Services PMI. High impact.

13:30 NFP and Unemployment rate. You know, the mos volatile event of the month. Stay away from the markets for the first 1/2 hour after the release, and wait till the things calm down.

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