This morning, the S&P 500 Index e-mini futures (ES-H2) are trading higher by 3.00 points to 1369.50 per contract. The small positive move in the futures comes after the U.S. Labor Department reported an increase in non-farm payrolls by 227,000 jobs in February. The unemployment rate remained steady at 8.3 percent. This report was really not a surprise to the markets and that is probably the reason why it is holding steady. Yesterday, 85.8 percent of the Greek bondholders agreed to a bond swap deal. Bond holders will receive a 74.0 percent haircut on the debt. This news was once again factored into the markets already. All in all, it is a Friday and the trading volume will usually get very light after the first two hours of the day. The light volume will usually keep the markets flat to slightly higher into the close.
Last night, the Asian markets rallied higher across the board. The Nikkei 225 Index (Japan) was the big winner last night finishing higher by 1.65 percent. Traders should watch for some early strength in the Japanese ADR's as long as the U.S. markets remain strong. Leading Japanese ADR's such as Toyota Motor Corp (NYSE:TM), Sony Corp (NYSE:SNE), Canon Inc (NYSE:CAJ), and Kyocera Corp (NYSE:KYO) could be strong at the start of the day.
Below You May Find The Video.
- English (UK)
- English (India)
- English (Canada)
- English (Australia)
- English (South Africa)
- English (Philippines)
- English (Nigeria)
- Deutsch
- Español (España)
- Español (México)
- Français
- Italiano
- Nederlands
- Português (Portugal)
- Polski
- Português (Brasil)
- Русский
- Türkçe
- العربية
- Ελληνικά
- Svenska
- Suomi
- עברית
- 日本語
- 한국어
- 简体中文
- 繁體中文
- Bahasa Indonesia
- Bahasa Melayu
- ไทย
- Tiếng Việt
- हिंदी
Greece, China, And The Job Report Equals Flat Open
Published 03/11/2012, 03:33 AM
Updated 07/09/2023, 06:31 AM
Greece, China, And The Job Report Equals Flat Open
Latest comments
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.