NFP Payrolls Friday trading plan and global macro analysis for 07/04/2017:
The night session was primarily the talk of Donald Trump, the president of the United States, and Xi Jinping, chairman of the People’s Republic of China. According to reports from Reuters, relations in the Washington-Beijing line have been warming up. Both sides are looking to expand their partnership – also on the commercial background. Exchange rate volatility has significantly increased after the US missile attacks on the Syrian government. In the first reaction, Gold prices shot up around $1,270 and Crude Oil prices shot up to the level of $52.50.
On Friday 7th of April, the main event of the day will be the Non-Farm Payrolls report from the US, but the market participant will pay attention to Industrial Production data from the UK, the Unemployment Rate data from Canada and Baker Hughes US Rig Count data.