S&P 500 and Nasdaq Futures are trading an average 1% higher this morning and EU markets are 1.3% higher ahead of US NFP numbers today at 8:30 am US. Asian markets traded a mixed session and FX markets are mostly flat as investors await the employment numbers in the US. The expectations are for 2.2 million jobs lost and any number bellow will be a big positive, and US futures already price in a positive start. The dollar index is trading at 99.77, down 0.12% on the day as investors are moving into the commodities currencies, the CAD and AUD, seeking more risk. Gold is at $1,726 per ounce this morning, up 0.1% while Silver is trading at $15.77, up 1.17%. OIL is trading higher despite fears of global supply glut as we approach the end of June contract, trading at 23.8 per barrel this morning, up 1% on the day as investors trust the unlock of US markets are OPEC+ production cuts to support prices near term..

US President trump speech at 1:00 pm and US NFP and Unemployment rate at 1:30 pm are the important news on the agenda Friday, (all times GMT). 


Global Markets 24 hours wrap-up
8.5.20 0.1% -0.2% 0.24% 0.44% 0.1% 1.1%
0.15% -0.5% 0.76% 0.51% 0.06% 1.1% -1.53%
Dollar Index DAX FTSE100 CAC40 EURSXX50 NIKKEI225 CSI300
-0.11% 1.44% 1.4% 1.54% 1.3% 0.28% -0.29%
1 YEAR -11.03% -18.24% -16.57% -15.31% -8.92% 7.02%
Swing report
USDCAD 3954 1 50 8/5 3900 new position
GOLD  1720 40 -30 8/5 1710 new position
OPEN PROFIT     $20      

US President trump speech at 1:00 pm and US NFP and Unemployment rate at 1:30 pm are the important news on the agenda Friday, (all times GMT).osition

Gold will be in focus today for investors with the release of Non-Farm payrolls this morning, at 8:30 am US.

The dollar index is lower this morning as investors into growth currencies, the CAD and AUD, ahead of the NFP numbers at 8:30 am US.

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