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Geo-political developments are of interest to investors on Monday, especially given the extension of ground operations to the whole of Gaza. The Labor Department's closely watched monthly jobs report, job openings, and consumer sentiment reports are of interest this week.
(Reuters)After ending the previous session narrowly mixed, the major U.S. stock indexes once again moved in opposite directions during trading on Thursday. While the Dow moved sharply higher to reach its best closing level in well over a year, the tech-heavy Nasdaq finished the day in the red.Yesterday's Technicial Review usingWB's Emini Clock and Wyckoff's
After reporting a sharp increase in new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Monday showing factory orders pulled back by much more than expected in the month of October.
The EUR/USD price was trading in red at 1.0865 at the time of writing. The pair seems ready to resume its downtrend.
The November jobs report will put the recent market rally to the test.