Data released today (Friday) shows that unemployment rose from 7.8% to 7.9%, spoiling a two-month decline, as shown on the graph below.
Equity markets are down a bit (at the time of writing this intraday), as shown on the Daily charts below of the YM, ES, NQ & TF, while most commodities have taken a big hit.
The Daily charts below show this morning's weakness in the Commodities ETF (DBC) and the AUD/USD forex pair. DBC has dropped below near-term support and is in danger of further weakness, and AUD/USD is close to forming a moving average "Death Cross," once again.
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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex
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UPCOMING (MAJOR) U.S. ECONOMIC EVENTS...
* Wed. Jan. 13 @ 8:30 am ET ~ MoM & YoY CPI & Core CPI Data
* Wed. Jan. 13 @ 2:00 pm ET ~ Beige Book Report
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* Wed. Jan. 27 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts and @ 2:30 pm ET ~ Fed Chair Press Conference
* Fri. Feb. 5 @ 8:30 am ET ~ Employment Data
* Wed. Feb. 17 @ 2:00 pm ET ~ FOMC Meeting Minutes
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