Stock indices closed higher on the better-than-expected U.S. nonfarm payrolls. The U.S. economy added 321,000 jobs in November, exceeding expectations for a rise of 225,000 jobs, after a gain of 243,000 jobs in October. October's figure was revised up from a rise of 214,000 jobs.

The U.S. unemployment rate remained unchanged at 5.8% in November, in line with expectations.

Investors also speculate that the European Central Bank (ECB) will add further stimulus measures. The ECB President Mario Draghi pointed out yesterday that the central bank had discussed various options of quantitative easing (QE). He said that the central bank will decide early next year whether to add further stimulus measures to boost inflation in the Eurozone.

Eurozone's revised gross domestic product (GDP) rose 0.2% in third quarter, in line with expectations and matching an initial estimate.

On a yearly basis, Eurozone's revised gross domestic product (GDP) increased 0.8% in third quarter, in line with expectations and matching an initial estimate.

German factory orders climbed 2.5% in October, exceeding expectations for a 0.6% rise, after a 1.1% increase. September's figure was revised up from a 0.8% gain.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,742.84 +63.47 +0.95%

DAX 10,087.12 +235.77 +2.39%

CAC 40 4,419.48 +95.59 +2.21%

The U.S. dollar increased against the most major currencies after the solid U.S. labour market data. The U.S. economy added 321,000 jobs in November, exceeding expectations for a rise of 225,000 jobs, after a gain of 243,000 jobs in October. October's figure was revised up from a rise of 214,000 jobs.

The U.S. unemployment rate remained unchanged at 5.8% in November, in line with expectations.

Average hourly earnings climbed 0.4% in November, beating forecasts of a 0.2% gain, after a 0.1% increase in October.

The U.S. trade deficit narrowed to $43.4 billion in October from a deficit of $43.6 billion in September. September's figure was revised down from a deficit of $43.0 billion. Analysts had expected the trade deficit to narrow to $41.2 billion.

Factory orders in the U.S. dropped 0.7% in October, missing expectations for a 0.2% decrease, after a 0.5% decline in September. September's figure was revised up from a 0.6% fall.

The euro declined against the U.S. dollar. Eurozone's revised gross domestic product (GDP) rose 0.2% in third quarter, in line with expectations and matching an initial estimate.

On a yearly basis, Eurozone's revised gross domestic product (GDP) increased 0.8% in third quarter, in line with expectations and matching an initial estimate.

German factory orders climbed 2.5% in October, exceeding expectations for a 0.6% rise, after a 1.1% increase. September's figure was revised up from a 0.8% gain.

The British pound fell against the U.S. dollar. Consumer inflation expectations for the coming year in the UK declined to 2.5% from 2.8% in August.

The Canadian dollar traded lower against the U.S. dollar after of the weak Canadian labour market data. Canada's unemployment rate rose to 6.6% in November from 6.5% in October, in line with expectations.

The number of employed people decreased by 10,700 in November, missing expectations for a gain of 5,300, after a 43,100 rise in October.

Canada's trade surplus declined to C$99 million in October from a surplus of C$307 million in September. September's figure was revised down from a surplus of C$710 million. Analysts had expected the trade surplus of C$0.4 billion.

The Swiss franc traded lower against the U.S. dollar. The Swiss National Bank's foreign exchange reserves increased to 462.395 billion Swiss francs in November from 460.556 billion francs in October.

The New Zealand dollar decreased against the U.S. dollar in the absence of any major economic reports from New Zealand.

The Australian dollar dropped against the U.S. dollar. In the overnight trading session, the Aussie fell against the greenback after the AIG performance of construction index from Australia. The AIG performance of construction index declined to 45.5 in November from 53.4 in October.

The Japanese yen fell against the U.S. dollar. Japan's leading economic index declined to 104 in October from 105.6 in September.

Japan's coincident index climbed to 110.2 in October from 109.8 in September.

The price of oil continued to fall today, again dropping below $ 69 per barrel (Brent) and $ 66 per barrel (WTI), which is associated with yesterday's decision of Saudi Arabia to lower their selling prices in the US and Asia to its lowest level in 14 years. Attempted a move seen as reinforcing the fight for market share of the kingdom with cheaper US shale oil. "The market reacts to news of Saudi Arabia. We have yet to see how it will respond to competitors, "- said the expert Mizuho Securities Bob Yeager.

The battle for market share is likely to worsen in the next year, when Iraq begins to export more oil Iraqi Kurdistan in the recently concluded agreement. However, analysts believe that oil prices will jump in the next two years, when the market stabilizes from steep losses. Experts estimate Reuters, in 2015 futures price for Brent could reach 82.50 dollars per barrel.

Little support prices today have strong data on US labor market, which showed that the number of jobs increased in November by 321 thousand. After a revised growth of 243 thousand. A month earlier. Increase was the highest since January 2012. Experts forecast growth rate to 225 thousand. With previously announced 214 thousand. Meanwhile, the unemployment rate remained at 5.8%, as expected. Stable growth of jobs in the US economy, raising incomes and domestic demand is likely to continue in the near term. Share of the population in the labor force in November remained at 62.8%. Average hourly earnings in the US last month increased by 0.4% compared to October, to $ 24.66, and 2.1% in annual terms. The average workweek in October rose by 6 minutes and 34.6 hours.

In addition, a report on oil reserves in the United States, published yesterday, put pressure on prices. EIA data reflected the growth in production at 9.08 million. For the week of November 28, which is the highest rate since January 1983.

Cost of January futures for US light crude oil WTI (Light Sweet Crude Oil) dropped to 65.56 dollars per barrel on the New York Mercantile Exchange.

January futures price for North Sea Brent crude oil mix fell $ 0.60, to $ 68.86 a barrel on the London Stock Exchange ICE Futures Europe.

Gold prices dropped significantly today, dropping at the same time below $ 1,200 per ounce, which was related to the strengthening of the dollar after the release of strong data on US labor market, which increased the likelihood of an earlier Fed rate hike.

The dollar index, calculated by Bloomberg and tracks the US dollar against 10 major world currencies, jumped during the auction at 0.7%, up to a maximum in March 2009.

Earlier it was reported that the number of people employed in non-agricultural sectors of the economy grew a seasonally adjusted 321,000 in the last month, this is the strongest hiring month since January 2012. Hiring was broad-based across the economy, led to a marked increase in the sector of professional and business services. Changes showed that employers added more 44 000 jobs in September and October than previously thought. Employment in October was revised up to 243,000 from 214,000, and September increased by 271 000 has been revised to 256 000. The unemployment rate, which is obtained from a separate survey of households in the US was 5.8% in November, unchanged from the previous month, remaining at its lowest level since mid-2008. Economists had expected employment to increase by 225,000 in November, and the unemployment rate will remain unchanged.

"The report was just stunning - the analyst noted Commonwealth Foreign Exchange Omer Eshiner. - He may well give rise to speculation that the Fed will be to raise rates before the middle of next year, which will cause a further increase in the dollar. "

"The growth of gold is partly due to the performance and demand in the physical market, but the main factor for this market - macroeconomics. The main theme - the strengthening of the dollar and US economic growth - is preserved "- said an analyst at Mitsubishi Jonathan Butler.

As for the situation in the physical market in China, there is gold sold at a premium of $ 01.02 per ounce to the spot price. Also, today's data from the Istanbul Gold Exchange showed that Turkey in November, more than double the gold imports to 46.9 tons (maximum amount more than six years).

Cost of January futures for gold on the COMEX today fell $ 8.12 to 1194.20 dollars per ounce.

The U.S. Commerce Department released factory orders data on Friday. Factory orders in the U.S. dropped 0.7% in October, missing expectations for a 0.2% decrease, after a 0.5% decline in September. September's figure was revised up from a 0.6% fall.

That was the third straight decline.

Factory orders excluding transportation fell 1.4% in October.

The U.S. Commerce Department released the trade data on Friday. The U.S. trade deficit narrowed to $43.4 billion in October from a deficit of $43.6 billion in September. September's figure was revised down from a deficit of $43.0 billion. Analysts had expected the trade deficit to narrow to $41.2 billion.

Exports increased 1.2% in October.

Exports to the European Union climbed 8.5% in October. Exports to China jumped 36%, while exports to Japan increased 4.0%.

Imports rose 0.9% in October. Petroleum imports reached the lowest level since November of 2009.

Statistics Canada released the trade data on Tuesday. Canada's trade surplus declined to C$99 million in October from a surplus of C$307 million in September. September's figure was revised down from a surplus of C$710 million. Analysts had expected the trade surplus of C$0.4 billion.

Exports increased 0.1% in October. Exports were driven by industrial machinery, equipment and parts. Industrial machinery and equipment shipments climbed 8.0%.

Imports rose 0.5% in October. Imports were driven by higher shipments of consumer goods. The aircraft and other transportation equipment category increased 12.4%, while energy declined 10.1%.

U.S. stock-index futures fluctuated as investors speculated that better-than-estimated payrolls data bolstered the case for higher interest rates.

Global markets:

Nikkei 17,920.45 +33.24 +0.19%

Hang Seng 24,002.64 +170.08 +0.71%

Shanghai Composite 2,938.78 +39.32 +1.36%

FTSE 6,742.9 +63.53 +0.95%

CAC 4,399.25 +75.36 +1.74%

DAX 10,016.42 +165.07 +1.68%

Crude oil $66.58 (-0.36%)

Gold $1189.40 (-1.51%)

Statistics Canada released the labour market data on Friday. Canada's unemployment rate rose to 6.6% in November from 6.5% in October, in line with expectations.

The number of employed people decreased by 10,700 in November, missing expectations for a gain of 5,300, after a 43,100 rise in October.

The labour participation rate remained unchanged at 66% in November.

Canada's economy lost 45,600 private-sector jobs in November and added 22,600 positions in the public sector. The number of self-employed workers increased by 12,300 jobs.

Retail and wholesale trade lost 41,600 jobs in November, while professional, scientific and technical services lost 32,900.

The youth unemployment rate rose by 0.4% to 13% in November.

(company / ticker / price / change, % / volume)

The U.S. Labor Department released the labour market data on Friday. The U.S. economy added 321,000 jobs in November, exceeding expectations for a rise of 225,000 jobs, after a gain of 243,000 jobs in October. October's figure was revised up from a rise of 214,000 jobs.

The U.S. economy has added at least 200,000 jobs for 10 months in a row. This is the longest growth period since 1995.

The U.S. unemployment rate remained unchanged at 5.8% in November, in line with expectations.

Average hourly earnings climbed 0.4% in November, beating forecasts of a 0.2% gain, after a 0.1% increase in October.

The labour-force participation rate remained unchanged at 62.8% in November.

These figures are signs that the labour market in the U.S. is strengthening.

Upgrades:

Yahoo! (YHOO) upgraded to Buy from Neutral at BofA/Merrill

Downgrades:

Google (GOOG) downgraded to Neutral from Buy at BofA/Merrill

Other:

Starbucks (SBUX) target raised to $89 from $82 at JP Morgan

The Swiss National Bank's foreign exchange reserves increased to 462.395 billion Swiss francs in November from 460.556 billion francs in October, according to data on Friday. That could be an indication that the Swiss National Bank (SNB) had intervened in currency markets to keep the franc down.

The SNB declined to comment on whether it had intervened or not.

The SNB capped the franc at 1.20 per euro in September 2011. It had intervened heavily in 2012 to defend the cap.

EUR/USD: $1.2300(E1.2bn), $1.2350(E1.3bn), $1.2400(E1.75bn), $1.2415(E557mn), $1.2450(E1.3bn)

USD/JPY: Y118.50($1.50bn), Y120.00($550mn), Y121.00($702mn)

AUD/USD: $0.8400(A$486mn)

USD/CAD: Cad1.1250($400mn), Cad1.1280($760mn), Cad1.1350, Cad1.1425/30($440mn)

EUR/GBP: stg0.7850, stg0.7900, stg0.8000

The Bank of England and research group GfK NOP released its quarterly Inflation Attitudes Survey on Friday. Consumer inflation expectations for the coming year in the UK declined to 2.5% in November from 2.8% in August. That was the lowest inflation expectation since February 2010.

37% of Britons expected in November that interest rate will be increased in the next year, down from 49% in August. That was the lowest figure since November 2013.

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

05:00 Japan Leading Economic Index October 105.6 104.0

05:00 Japan Coincident Index October 109.8 110.2

07:00 Germany Factory Orders s.a. (MoM) October +1.1% Revised From +0.8% +0.6% +2.5%

07:00 Germany Factory Orders n.s.a. (YoY) October -0.7% Revised From -1.0% +2.4%

08:00 Switzerland Foreign Currency Reserves November 460.4 462.4

09:30 United Kingdom Consumer Inflation Expectations November +2.8% +2.5%

10:00 Eurozone GDP (QoQ) (Revised) Quarter III +0.2% +0.2% +0.2%

10:00 Eurozone GDP (YoY) (Revised) Quarter III +0.8% +0.8% +0.8%

The U.S. dollar traded mixed against the most major currencies ahead of the U.S. labour market data. The U.S. unemployment rate is expected to remain unchanged at 5.8% in November. The U.S. economy is expected to add 225,000 jobs in November.

The euro traded lower against the U.S. dollar. Eurozone's revised gross domestic product (GDP) rose 0.2% in third quarter, in line with expectations and matching an initial estimate.

On a yearly basis, Eurozone's revised gross domestic product (GDP) increased 0.8% in third quarter, in line with expectations and matching an initial estimate.

German factory orders climbed 2.5% in October, exceeding expectations for a 0.6% rise, after a 1.1% increase. September's figure was revised up from a 0.8% gain.

The British pound rose against the U.S. dollar after consumer inflation expectations from the U.K. Consumer inflation expectations for the coming year in the UK declined to 2.5% from 2.8% in August.

The Canadian dollar traded mixed against the U.S. dollar ahead of the Canadian labour market data. The unemployment rate in Canada is expected to rise to 6.6% in November from 6.5% in October.

Canada's economy is expected to add 5,300 jobs in November.

The Swiss franc traded slightly lower against the U.S. dollar. The Swiss National Bank's foreign exchange reserves increased to 462.395 billion Swiss francs in November from 460.556 billion francs in October.

EUR/USD: the currency pair fell to $1.2345

GBP/USD: the currency pair rose to $1.5694

USD/JPY: the currency pair increased to Y120.68

The most important news that are expected (GMT0):

13:30 Canada Trade balance, billions October 0.7 0.4

13:30 Canada Employment November 43.1 5.3

13:30 Canada Unemployment rate November 6.5% 6.6%

13:30 U.S. International Trade, bln October -43.0 -41.2

13:30 U.S. Average hourly earnings November +0.1% +0.2%

13:30 U.S. Nonfarm Payrolls November 214 225

13:30 U.S. Unemployment Rate November 5.8% 5.8%

13:45 U.S. FOMC Member Mester Speaks

15:00 U.S. Factory Orders October -0.6% -0.2%

19:45 U.S. FED Vice Chairman Stanley Fischer Speaks

EUR/USD

Offers $1.2450, $1.2410/20, $1.2400

Bids $1.2350, $1.2320, $1.2300, $1.2250

GBP/USD

Offers $1.5780/00, $1.5750, $1.5720

Bids $1.5645/40, $1.5610/00, $1.5550, $1.5520

AUD/USD

Offers $0.8540/50, $0.8500, $0.8450, $0.8400

Bids $0.8350, $0.8300, $0.8250

EUR/JPY

Offers Y150.50, Y150.00, Y149.80, Y149.50, Y148.90/00

Bids Y148.50, Y148.00, Y147.55/50

USD/JPY

Offers Y121.50, Y121.00, Y120.80, Y120.50

Bids Y119.50, Y119.00, Y118.50

EUR/GBP

Offers stg0.8020, stg0.8000, stg0.7980, stg0.7950

Bids stg0.7850, stg0.7820

European indices are trading stronger today rebounding from yesterday's significant losses on upbeat German factory orders ahead of U.S. job data published at 13:30GMT. German factory orders adjusted for seasonal swings and inflation beat expectations, a sign of recovery of the Eurozone's largest economy. Factory orders rose +2.5% in October, a plus of +1.4% compared with September. Eurozone's GDP for the third quarter was in line with expectations according to Eurostat and unchanged to the previous quarter reading +0.2%. European indices had weakened yesterday after Mario Draghi's speech as he did not announce further stimulus measures. The ECB revised down its forecast for economic growth and inflation for the Eurozone through 2016.

The FTSE 100 index gained +0.56% quoted at 6,716.75 points. France's CAC 40 added +1.26% trading at 4,378.21 and Germany's DAX 30 gained +1.27% trading at 9,976.33 points.

Oil is trading lower today after Saudi Arabia lowered official selling prices for the U.S. and Asia yesterday just a week after it refused to trim OPEC's output. The official selling price of all grades of oil supplied to Asia in January, will be reduced by 1.5-1.9 per barrel compared to the December prices. Prices for all grades of oil supplied to the United States, were also reduced by 10-90 cents per barrel. The largest producer and exporter of the OPEC is fighting for market share with other producers. Crude declined 18% last month. Brent Crude lost -0.62% trading at USD69.21 a barrel, and West Texas Intermediate lost -0.66% currently quoted at USD66.37.

Gold declined a second day currently quoted at USD1,204.00 a troy ounce just above the important level of USD1,200 weighed by a strong U.S. dollar and ahead of the closely watched U.S. Nonfarm Payrolls and Unemployment rate. Good job data may lead U.S. policy makers to raise benchmark interest rates rather sooner than later. ECB president Mario Draghi's comments at yesterday's press conference in Frankfurt weighed on the precious metal as he ruled out buying bullion. Still gold is heading for its best week in 10 months after recovering from a three-week low on Monday. Physical demand strengthened.

GOLD currently trading at USD1,204.00

EUR/USD: $1.2300(E1.2bn), $1.2350(E1.3bn), $1.2400(E1.75bn), $1.2415(E557mn), $1.2450(E1.3bn)

USD/JPY: Y118.50($1.50bn), Y120.00($550mn), Y121.00($702mn)

AUD/USD: $0.8400(A$486mn)

USD/CAD: Cad1.1250($400mn), Cad1.1280($760mn), Cad1.1350, Cad1.1425/30($440mn)

EUR/GBP: stg0.7850, stg0.7900, stg0.8000

FORBES

A Currency War With Japan Won't Help China Reform Its Economy

China was well into an intended transformation toward a consumer-driven economy when Japan, fittingly enough, threw a wrench into the works. The latest iteration of the "Abenomics" stimulus measures, on top of news of recurring recession, drove down the value of the Japanese yen against the Chinese yuan (or renminbi) by 15% this year.

Of course, the rest of Asia was affected as well, and the business press noted other countries scrambling to keep their currencies from getting out of whack with the yen. But China has held firm so far, basically remaining stable against the U.S. dollar since June. (The Hong Kong dollar, tied to the U.S. greenback, similarly didn't move.) A collapsing world oil price has been a loud accompaniment, helping to sustain the Japanese policy by holding energy import costs in check.

Source: http://www.forbes.com/sites/danielfisher/2014/12/04/a-currency-war-with-japan-wont-help-china-reform-its-economy/

REUTERS

Bundesbank halves 2015 growth outlook for Germany

Dec 5 (Reuters) - Germany's Bundesbank halved its 2015 growth forecast for Europe's largest economy on Friday and also trimmed its estimate for this year, though its president said there were signs that current weakness would soon be overcome.

In bi-annual projections, the bank said it expected the economy to expand by 1.0 percent next year, compared with its June estimate of 2.0 percent.

Source: http://www.reuters.com/article/2014/12/05/germany-economy-bundesbank-idUSB4N0SO00R20141205

BLOOMBERG

Bank of Russia Sold $1.9 Billion on Dec. 3 to Stem Ruble Decline

Russia's central bank sold $1.9 billion of foreign currency on Dec. 3 when the ruble ended its worst six-day drop since 1998.

The Bank of Russia intervened in the currency market for the second time since moving to a free float last month, according to a statement on its website today. Policy makers sold $700 million on Dec. 1, the data show. The ruble climbed 1.6 percent to 53.45 versus the dollar as of 10:12 a.m. in Moscow, paring its weekly decline to 5.7 percent.

Source: http://www.bloomberg.com/news/2014-12-05/bank-of-russia-sold-1-9-billion-on-dec-3-to-stem-ruble-decline.html

European stocks are trading stronger recouping some of yesterday's losses after the ECB did not announce immediate monetary policy action. Inflation forecast for the Eurozone was lowered to 0.5% in 2014 from the previous estimate of 0.6%, to 0.7% in 2015 from the previous estimate 1.1% and to 1.3% in 2016 from the previous estimate 1.4%.

The ECB also cut its economic growth forecast for the Eurozone through 2016. The growth was lowered to 0.8% 2014 the previous estimate of 0.9%, to 1.0% in 2015 from the previous estimate of 1.6% and to 1.5% in 2016 from the previous estimate of 1.9%. The ECB warned that new inflation forecasts did not take into account the recent decline in oil prices.

German factory orders adjusted for seasonal swings and inflation beat expectations, a sign of recovery of the Eurozone's largest economy. Factory orders rose +2.5% in October, a plus of +1.4% compared with September. Analyst's forecasted an increase of +0.6%. Markets are now awaiting U.S. Nonfarm Payrolls and the Unemployment Rate being published at 13:30 GMT, average earnings and factory orders and Eurozone's GDP earlier in the session at 10:00 GMT.

The FTSE 100 index is currently trading +1.03% quoted at 6,731.94 points, Germany's DAX 30 added +1.25% at 9,974.50, just below the important 10,000 points level. France's CAC 40 gained +1.21%, currently trading at 4,376.98 points.

U.S. markets closed slightly lower posting small loses after the ECB did not announce immediate monetary policy action. Traders are looking ahead to non-farm payrolls and the unemployment rate due before the markets open. The DOW JONES lost -0.07% closing at 17,900.10 points and the S&P 500 declined -0.12 with a final quote of 2,071.92 points.

Hong Kong's Hang Seng is trading +0.95% at 24,060.06. China's Shanghai Composite closed at 2,938.78 points, a gain of +1.36% after very volatile trading. The index rallied 21% over the last month and 9.5% this week.

Japan's Nikkei extended a seven-year high, gaining +0.19% closing at 17,920.45, as the yen continued to weaken trading above USD120 supporting export stocks.

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual

05:00 Japan Leading Economic Index October 105.6 104.0

05:00 Japan Coincident Index October 109.8 110.2

07:00 Germany Factory Orders s.a. (MoM) October +0.8% +0.6% +2.5%

07:00 Germany Factory Orders n.s.a. (YoY) October -1.0% +2.4%

The greenback steadied against the single currency after yesterday's highly volatile trading. In yesterday's speech ECB president Mario Draghi said that the bank will not immediately extend its stimulus program and will reassess the success of what has been done already and the impact of the declining oil prices early next year. Investors were disappointed as they speculated that the ECB will announce further stimulus measures. The ECB revised down forecasts for growth and inflation. Markets are now awaiting U.S. Nofarm Payrolls and the Unemployment Rate being published at 13:30 GMT and Eurozone's GDP earlier in the session at 10:00 GMT.

The Australian dollar traded weaker against the greenback after disappointing data on the AiG Performance of Construction Index. The index declined to 45.4 in November dropping from expansion territory with a previous reading of 53.4. Goldman Sachs Australia Chief Economist Tim Toohey predicted the aussie will slide to 83 U.S. cents in three months and 79 U.S. cents in the next year.

The New Zealand dollar further weakened against the U.S. dollar falling near a three-week low. Plummeting milk-prices weigh on the currency.

The Japanese yen fell for a fourth consecutive day against the U.S. dollar trading above the important USD120 level for the first time since July 2007, currently quoted at USD120.08. Solid U.S. data, Japan in recession and expectations that Prime Minister Abe will win in the upcoming elections put further pressure on the currency. The yen already lost more than 15% since June 30.

EUR/USD: the euro steadied against the greenback

USD/JPY: the U.S. dollar traded stronger against the yen

GPB/USD: The British pound traded lower against the U.S. dollar

The most important news that are expected (GMT0):

(time / country / index / period / previous value / forecast)

08:00 Switzerland Foreign Currency Reserves November 460.4

09:30 United Kingdom Consumer Inflation Expectations November +2.8%

10:00 Eurozone GDP (QoQ) (Revised) Quarter III +0.2% +0.2%

10:00 Eurozone GDP (YoY) (Revised) Quarter III +0.8% +0.8%

13:30 Canada Trade balance, billions October 0.7 0.4

13:30 Canada Employment November 43.1 5.3

13:30 Canada Unemployment rate November 6.5% 6.6%

13:30 U.S. International Trade, bln October -43.0 -41.2

13:30 U.S. Average hourly earnings November +0.1% +0.2%

13:30 U.S. Nonfarm Payrolls November 214 225

13:30 U.S. Unemployment Rate November 5.8% 5.8%

13:45 U.S. FOMC Member Mester Speaks

15:00 U.S. Factory Orders October -0.6% -0.2%

19:45 U.S. FED Vice Chairman Stanley Fischer Speaks

20:00 U.S. Consumer Credit October 15.9 16.5

EUR / USD

Resistance levels (open interest**, contracts)

$1.2503 (7697)

$1.2458 (2177)

$1.2422 (3936)

Price at time of writing this review: $ 1.2377

Support levels (open interest**, contracts):

$1.2346 (6923)

$1.2321 (6157)

$1.2286 (5261)

Comments:

- Overall open interest on the CALL options with the expiration date December, 5 is 122301 contracts, with the maximum number of contracts with strike price $1,2500 (7697);

- Overall open interest on the PUT options with the expiration date December, 5 is 112282 contracts, with the maximum number of contracts with strike price $1,2250 (7235);

- The ratio of PUT/CALL was 0.92 versus 0.94 from the previous trading day according to data from December, 4

GBP/USD

Resistance levels (open interest**, contracts)

$1.5900 (1363)

$1.5800 (1082)

$1.5702 (2161)

Price at time of writing this review: $1.5634

Support levels (open interest**, contracts):

$1.5599 (2683)

$1.5500 (827)

$1.5400 (979)

Comments:

- Overall open interest on the CALL options with the expiration date December, 5 is 44176 contracts, with the maximum number of contracts with strike price $1,5850 (2239);

- Overall open interest on the PUT options with the expiration date December, 5 is 41424 contracts, with the maximum number of contracts with strike price $1,5600 (2683);

- The ratio of PUT/CALL was 0.94 versus 0.96 from the previous trading day according to data from December, 4

* - The Chicago Mercantile Exchange bulletin (CME) is used for the calculation.

** - Open interest takes into account the total number of option contracts that are open at the moment.