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Markets consolidate as traders prepare for Non-farm Payrolls

From hantecfx.com

Markets have entered into a brief period of calm, or could it be that traders are just in limbo as the world awaits the next move from Donald Trump over the trade dispute with China. A formal escalation in the tariffs on China could be announced at any moment after the consultation period for tariffs on a further $200bn of imports from China passed on Thursday, so a tweeted decision could come any time now. Add in the fact that it is Non-farm Payrolls today and it appears as though traders are unwilling to take much of a view on equities or forex majors this morning. However, reports overnight that Donald Trump could ... (full story)

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  • Category: Technical Analysis