Showing posts with label RTTNews Daily Market Analysis. Show all posts
Showing posts with label RTTNews Daily Market Analysis. Show all posts

Friday, October 5, 2012

Drop In Jobless Rate May Mask Anemic Private Payroll Gains | RTTNews Daily Market Analysis, October 5th, 2012.

The major U.S. index futures are pointing to a higher opening on Friday, with sentiment expected to get a lift from the U.S. non-farm payrolls report for September, which showed job growth in line with expectations. Meanwhile, the jobless rate eased notably due to a strong increase in the household survey. The peripheral facts of the report could trigger strong buying early in the session. A detailed analysis of the report showed that private payroll gains were weaker than exp