Data released today (Friday) shows that unemployment rose from
7.8% to 7.9%, spoiling a two-month decline, as shown on the graph below.
Equity markets are
down a bit (at the time of writing this intraday), as shown on the Daily charts
below of the YM, ES, NQ & TF, while most commodities have taken a big
hit.
The Daily charts below
show this morning's weakness in the Commodities ETF (DBC) and
the AUD/USD forex pair. DBC has dropped below near-term support
and is in danger of further weakness, and AUD/USD is close to forming a moving
average "Death Cross," once again.
