06/09/2019

OMF Markets Daily Commentary Report

Written by omf-markets
Home Education Articles OMF Markets Daily Commentary Report

The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.

HEADLINES

*  US /  China agreed in a phone call to hold a meeting in early October
–  News sends equities and risk currencies briefly higher
–  NZ dollar received a boost on news

*  Mixed but reasonably positive data release could suggest a better Non-Farm Payrolls number out tonight
–  Non-Manufacturing PMI rose to 56.4 for August, well above expectations

*  Gold weakens as markets unwound safe haven positions.
– …

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