Here's a little gold puzzle for you to ponder as you're getting ready for the weekend. See if you can figure it out.
Oil has found new life after reports showed that oil supply could actually fall. The Energy Information Administration destroyed that myth after it reported that U.S. crude supply fell by 5.6 million barrels.
With the ECB signaling there could be more policy easing in the future, the market reacted by breaking the Euro currency future’s win streak and sending prices lower by 0.70%. Use an options spread to set up a trade with a great risk vs. reward ratio.
Friday is the monthly U.S. nonfarm payrolls – arguably the most important data release on the calendar. Every month each number takes on a greater significance, but a more important one may loom.