ADP NON FARM Employment Results!
Technical Analysis Daily Majors & Minors • GBP/USD - trading at 1.6222, down -0.12% on the day, having posted a dailyhigh at 1.6289 and low at 1.6166. With Manufacturing PMI coming out how will this trend? • EUR/USD - The common currency managed to bounce off sub-1.2600 lows during the European morning, now lifting EUR/USD back to the 1.2615/20 band. But how will this trend for the rest of the day?
Quick Daily update • E-commerce site eBay is planning to split off its payments system PayPal into a separate company next year. • Virgin Media asks Ofcom to investigate the way that the Premier League sells its TV rights, saying the present system is causing "significant consumer harm" • Annual profits at payday lender Wonga have fallen by more than half, the company announces.
Daily News To Watch Wednesday 1st October 2014 Previous Forecast Actual 09:30am
GBP Manufacturing PMI,, 52.5 52.6 13:15pm USD ADP NON Farm 204k 206k mployment Change 15:00pm
USD ISM Manufacturing PMI 59.0 58.6
By Nikhil Pankhania
Senior Market Analyst & Trader