(eToro Blog) US equities continued to assist Openbook traders with long US equity index positions.  Last week’s highlighted trader Petra09 continued to ride the momentum, notching up a 25% increase on one of his positions in the Dow Industrial index.  His 3-month track record of solid performance in the Index space includes an 88.8% return… Read more

(eToro Blog) Wall Street rallied on the U.S. Non Farm Payrolls report which showed that 243K jobs were created in the month of January. The unemployment rate dropped to lowest level in 3 years at 8.3%. The data beat analyst expectations and boosted U.S. Dollar bulls and stock markets. The December data was also revised… Read more

(eToro Blog)The U.S. Bureau of Labor Statistics reported earlier that January’s non-farms payroll data showed the creation of 243,000 new jobs. Analysts polled ahead of the release were forecasting an increase of only 150,000 new jobs. December’s data was revised to 203,000 new jobs. Notably, the unemployment rate fell again, this time to 8.3%, even… Read more

(eToro Blog) The U.S. government will later today release data for January’s non-farms payroll sector. The ADP report released on Wednesday showed that 170,000 new jobs were created against expectations of 185,000 and a marked decline from 325,000 in December. Given that, analysts are expecting that the Bureau of Labor’s official data will show an… Read more

(eToro Blog) The United States will release Non-Farm Payrolls (NFP) data on Friday, February 3rd 2012. The market consensus is for the creation of 153K jobs in the month of January. Market expectations are cautious after the December report which showed that 200K jobs were added to the economy in the same month. In his… Read more

(eToro Blog) The private sector ADP report showed that 170,000 jobs were created in the month of January. This completes two years of job gains mostly led by small businesses and the services sector. Overall the labor market is on the path of recovery according to economists who see the creation of jobs and the… Read more

(eToro Blog) Wall Street is poised to end the last day in January in the Red. Wall Street indices were down after the Conference Board reported that its gauge of consumer confidence fell in January. The confidence index fell to 61.1 in January from 64.8 in December. Consumer confidence dropped as sentiment on business conditions… Read more

(eToro Blog) The EU summit and Greek debt negotiations filled Wall Street with worries and the Dow is down 85 points, the Nasdaq is down 10 points and the S&P 500 is down 9 points at the time of writing this report. Traders on Open Book are primarily short on the Dow (DJ30) with average… Read more

Personal income increased $61.3 billion, or 0.5 percent, and disposable personal income (DPI)
increased $47.1 billion, or 0.4 percent, in December, according to the Bureau of Economic Analysis.
Personal consumption expenditures (PCE) decreased $2.0 billion, or less than 0.1 percent. In November,
personal income increased $7.4 billion, or 0.1 percent, DPI decreased $4.1 billion, or less than… Read more