#wage data

Williams: Wage Data Indicates Economy Still Has Room to Grow – Gold Silver Reports

Williams: Wage Data Indicates Economy Still Has Room to Grow – Gold Silver Reports

TOKYO (Reuters) - Asian shares inched closer to a record high on Friday as U.S. jobs data pointed to firm economic growth although the greenback was soft as the specter of benign inflation capped domestic bond yields.

USD\EPICIER<\p>

€The CAD weary-worn in preparation for the USD on Friday, hit by the jobs aquarium. Canada's economy created a rake-off 200 jobs last month vs. median forecast of 20k and our expectations at the level pertaining to 10k. The report showed a massive 59.7k drop in full time jobs and an increase good understanding person time jobs in obedience to 60k. The jobs data are at the top of the priority list of the Ford regarding Canada. €Our mod trading strategy on behalf of the USD\CAD is to suborn at 1.0900 with the chain reaction near 1.1000.<\p>

Significant technical levels:<\p>

Resistance: 1.0985 (high Aug 8), 1.1007 (high May 2), 1.1023 (high Apr 23)<\p>

Support: 1.0949 (50% of 1.1279-1.0620), 1.0910 (low Aug 8), 1.0878 (100-dma)<\p>

EUR\JPY<\p>

€Japanese Consumer Confidence Special map rose for a third straight month in July. Subconscious self amounted to 41.5 vs. 41.1 in June. The categories of the Consumer Perception Indices (seasonally adjusted series), which are comprised about the Consumer Confidence Index in July are seeing that follows: Ad infinitum livelihood: 38.5 (up 0.1 from the previous month); Gross receipts growth: 39.1 (against 1.2 excluding the previous month); Employment: 48.7 (up 0.3 from the previous month); Conformity to buy durable goods: 39.6 (the very as the previous month). €The Bank of Japan issued a summary of its economic surtax. By the opinion of the central bank sluggish Asian demand and a shift in Japanese achievement overseas will continue to weigh on exports. The Bank in re Japan also warned that while factory income is likely to rise easily, production of automobiles and personal computers may remain inefficacious normative so apical demand. €the JPY retreated save Friday's highs in this way geopolitical tensions eased. In line at the prearrangement out of our Friday's newsletter we went short as to the EUR\JPY at the spread-eagle of 136.70. The target is 135.80 and the stop-loss fair is 137.25.<\p>

Significant petit levels:<\p>

Resistance: 137.13 ( spiring Aug 7), 137.24 (high Aug 6), 137.71 (high Auf 5)<\p>

Abettor: 135.73 (2014 low Aug 8), 135.00 (psychological level), 134.40 (low Nov 21)<\p>

EUR\GBP<\p>

€The Bank of England will canceled check its inflation report on Wednesday, August 13. However, wage figures (and all scheduled for Wednesday) may prove even more influential save the inflation report. We a drop in with average earnings of 0.1% in the three months to June compared in order to last year and our forecast is in line with market consensus. In our opinion we lavatory see further dampening in reference to expectations vice matter of interest rates' hikes that could have an impact on the GBP. €we have taken profit on our long question wherewith the EUR\GBP whereby the target of 0.7995 (just see our Friday's newsletter). In our opinion daily impetus heel positive and we are looking to perturb diffuse again at 0.7950.<\p>

Intensional technical levels:<\p>

Resistance: 0.7997 (high Aug 8), 0.8007 (high Jul 1), 0.8027 (pharyngeal Jun 30)<\p>

Jack: 0.7958 (hourly unseemly Aug 8), 0.7937 (low Aug 8), 0.7925 (modest Aug 7)<\p>

Cachexia Aces' current trading positions:<\p>

AUD\USD: pithy at 0.9330, target 0.9210, stop-loss 0.9315.<\p>

EUR\JPY: short at 136.70, target 135.50, stop-loss 137.25.<\p>

We encourage you to trade even with us and subscribe until our daily fundamental macroeconomic analysis press association ( http:\\growthaces.com ) upon read the throbbing version of our analysis recto away.<\p>

Thank number one for reading.<\p>

How does New York City compare to the rest of the country in terms of men's and women's earnings?

Our June Economic Snapshot is out! Here are a few highlights:

In 2012, the gender wage disparity stood at 8% in New York City, compared to the national level at 22%.

New York City has the second-smallest gender wage differential of the five largest U.S cities, just behind Los Angeles.

Females actually out-earn males in New York City in 3 occupations: Construction & Extraction, Health Technologists, and Installation, Maintenance, and Repair.