Futures for oil lower on payrolls

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Source: Marketwatch

Futures for crude were lower one Friday, trimming earlier gains on disappointing U.S. non-farm payroll data. On the NYMEX, October delivery futures for crude oil declined USD1.46 and reached USD94.08, which was a day-low. Earlier in the day, before the release of the data, it hit USD96.59 per barrel, which was a day-high.

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Fri, 07 Sep 2012 19:47:35 GMT

The Euro gains against the U.S. Dollar on disappointing jobs report

The 17-nation currency increased versus the Greenback on Friday after the disappointing U.S. Labor Department report on non-farm payrolls. EUR/USD gained 1.12% to trade at 1.2773, up from a day-low of 1.2627. The pair's support was likely to be at 1.2627, while the resistance was prone to be found at 1.2779.

Fri, 07 Sep 2012 19:25:37 GMT

Treasuries climb on slowing job growth

On Friday, treasuries grew as the amount of jobs in the U.S. increased less than it was expected, which fueled bets that Fed will start another round of quantitative easing. The benchmark yield on 10-year bonds decreased by 6 basis points, and reached 1.62% at 8:51 in New York. It hit 1.75% earlier in the day, which was the highest since August 22.

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