Page 7 - Factory Orders News Today

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

The US Dollar turned north this past week, partially losing its pace on Thursday, as speculative interest took a break ahead of the United States (US) employment figures scheduled for Friday.

Germany’s Factory Orders unexpectedly declined in October, the official data published by the Federal Statistics Office showed Wednesday, suggesting that the German manufacturing sector recovery is in the doldrums once again.

TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES 8:15ET ADP Employment Change; 8:30ET Nonfarm Productivity, Unit Labor Costs, Trade Balance; 10:00ET Bank of Canada’s Rate Decision ADP RESEARCH INSTITUTE SAYS U.S. ADDED 103,000 JOBS IN NOV. Est. 130k TODAY’S HIGHLIGHTS: CEOs of the biggest banks on Wall Street testify to the Senate

The EUR/USD shed half a percent as broader markets tossed aside sentiment and flipped risk averse to kick off the new trading week.

The Japanese Yen (JPY) adds to Friday's strong gains against the US Dollar (USD) and kicks off the new week on a positive note, dragging the USD/JPY pair to a near three-week low, around the 146.25-146.20 region during the Asian session.

Gold price (XAU/USD) builds on its recent strong rally witnessed over the past three weeks or so and surges to a fresh record high, around the $2,144-2,145 region during the Asian session on Monday.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

EUR/USD started the new week under modest bearish pressure and was last seen moving up and down in a narrow band below 1.0900.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero