Binary Options Report (April 30- May 4)
BinaryOptionStrategy.com
Markets
NFP Payrolls badly missed th marks and teh S&P500 and NASDAQ posted thier biggest losses of hte year. The Dow Jones Industrial Average fell 168.32, to close at 13,038.27. The S&P 500 lost 22.47, to close at 1,369.10. The Nasdaq dropped 2.25 percent, to close at 2,956.34.
DJIA CHART
FOREX
The NFP in April was disappointing, as they fell for the third straight month.The NFP reported that employers added 115,000 in April, down from March’s revised figure of 154,000. March’s figure had been revised upwards from its original print of 120,000. The forecas called for an increase of 160,000. Private payrolls rose by 130,000 in April, down from 166,000 in March, while manufacturing added 16,000 jobs as opposed to 41,000 jobs a month ago. Employment increased in professional and business services, retail trade and health care, but fell in transportation and warehousing.
Meanwhile, the unemployment rate fell slightly in April to its lowest level since January 2009, to 8.1 percent. This is down from 8.2 percent the previous month..
USD Chart
COMMODITIES
Crude was down nearly 4 percent at 98.49 per barrel. WTI has lost all of its gains for the year and is down fractionally for the year and down 6 percent on the week.
Brent crude, was down 2.5 percent at $113.18. It lost 5.6 percent for the week.
Oil Chart
EQUTIES
Apple dragged on the Nasdaq as it fell to $585 a share. The iPad maker has lost 6 percent for the week, and 12 percent from its all-time high of $644 a share. Kraft Foods posted results that above estimates. They reaffirmed its full-year growth targets and said it was going ahead with the 2-1 split into two companies later this year.
BinaryOptionStrategy.com
Markets
NFP Payrolls badly missed th marks and teh S&P500 and NASDAQ posted thier biggest losses of hte year. The Dow Jones Industrial Average fell 168.32, to close at 13,038.27. The S&P 500 lost 22.47, to close at 1,369.10. The Nasdaq dropped 2.25 percent, to close at 2,956.34.
DJIA CHART
FOREX
The NFP in April was disappointing, as they fell for the third straight month.The NFP reported that employers added 115,000 in April, down from March’s revised figure of 154,000. March’s figure had been revised upwards from its original print of 120,000. The forecas called for an increase of 160,000. Private payrolls rose by 130,000 in April, down from 166,000 in March, while manufacturing added 16,000 jobs as opposed to 41,000 jobs a month ago. Employment increased in professional and business services, retail trade and health care, but fell in transportation and warehousing.
Meanwhile, the unemployment rate fell slightly in April to its lowest level since January 2009, to 8.1 percent. This is down from 8.2 percent the previous month..
USD Chart
COMMODITIES
Crude was down nearly 4 percent at 98.49 per barrel. WTI has lost all of its gains for the year and is down fractionally for the year and down 6 percent on the week.
Brent crude, was down 2.5 percent at $113.18. It lost 5.6 percent for the week.
Oil Chart
EQUTIES
Apple dragged on the Nasdaq as it fell to $585 a share. The iPad maker has lost 6 percent for the week, and 12 percent from its all-time high of $644 a share. Kraft Foods posted results that above estimates. They reaffirmed its full-year growth targets and said it was going ahead with the 2-1 split into two companies later this year.
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