With the world's largest economy mired in an electoral process that ends next week, the expectation of the markets is totally in this data set.
Because of that market participants are taking a risk aversion as markets await the outcome of the U.S. elections next week. Many are avoiding placing aggressive positions in the market.
In minutes you will know the jobs data from the United States. In this regard, it is expected that 123,000 jobs were created in October, more than in September. Meanwhile, the unemployment rate could remain unchanged.
Right now, the Dow Jones index futures show a rising trend in the short term.
Gold prices fluctuated between gains and losses and finally touched an intraday low of U.S. $1,729.4 to close at $1714.09 on Thursday.
Not much else at the moment, only the logic caution not to place positions in the first impulse of the price. Remember that no one saves an account or get rich putting in random positions.
Also, the most of the day prices end at the same level in which they are located before the jobs data is published.
The material has been provided by Instaforex Company - instaforex.com
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