October 4, 2013

Morning Prep 10/00/13; SchoolOfTrade.com

7:30am EST

Focus-Points this
morning:
·       US Non-Farm Payroll News has been
delayed due to the Govt Shutdown, no word on when this news will be released
·       Bank of Japan leaves its monetary
policy un-changed
·       Traders in the US prepare for a very
light economic calendar, which will likely mute the Friday trading session
·       E-Mini S&P +.25%
·       Crude Oil +.25%
·       Euro -.25%

Economic News on the schedule today:
The
September employment report is out and the results are: “Not
Available.” What will be available are a host of Fed speakers who are
certain to address the topic of the budget standoff and who may all address
whether it means an extension or even an acceleration of quantitative easing.
8:30am EST:             Non-Farm
Payroll
(delayed)
8:30am EST:             Richard
Fisher Speaks
9:30am EST:             Jeremy
Stein Speaks
12:30pm EST:          Jeffrey
Lacker Speaks

    schooloftrade

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