Previous Trading Days Events 18.04.2024

Australian employment fell in March after an enormous gain the month before, while the jobless rate resumed its uptrend. Net employment dropped 6,600 in March from February, when it rose a revised 117,600. The jobless rate climbed slightly to 3.8 from 3.7 the previous month, although that was under a forecast of 3.9

Source

httpsfinance.yahoo.comnewsaustraliamarchemploymentunexpectedlyfalls014147419.html

Winners vs Losers

Silver remains on the top of the winners list for the week with 1.44 and Gold follows with 1.22 gains. This month finds Silver at the top still with 13.17 gains so far. 

News Reports Monitor Previous Trading Day 18.04.2024

Server Time Timezone EEST UTC 0300

Midnight Night Session Asian

According to the employment data for Australia, employment dropped more than expected and the unemployment rate jumped to 3.8 from 3.7. The market reacted with AUD depreciation but the impact was moderate. The AUDUSD dropped just 10 pips.

Morning Day Session European and N. American Session

At 1530 the U.S. Unemployment Claims figure was released and it was not far off from the standard figures the market is experiencing lately as mentioned in our previous analysis. Claims were reported lower coinciding with the recent strong labour market data. An improvement in the Philly Manufacturing Index had a positive impact on the dollar. In general, the dollar saw a strengthening yesterday overall. 

General…

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