FTSE 100: Traders Tread Carefully Ahead of Today’s NFP Report
Friday,04/03/2016|06:16GMTby
DailyFX News
Talking Points The FTSE 100’s bullish momentum is decelerating, but the trend remains short-term bullish. The U.S. labor market ...
Talking Points
The FTSE 100’s bullish momentum is decelerating, but the trend remains short-term bullish.
The U.S. labor market is expected to add 195k new jobs according to 92 economists in a Bloomberg news survey. A better than expected NFP outcome may boost the FTSE 100 and vice versa.
The FTSE 100’s bullish momentum is decelerating, but the trend remains short-term bullish and price may reach the January 29 high of 6322, as long as last Friday’s low of 6034 is respected. On a break to last Friday’s low, the FTSE 100 may reach the February 24 low of 5845 followed by the January 20 low of 5598.
The reason for the slowdown in the bullish momentum is partially due to today’s U.S. NFP report, cautioning traders to enter with fresh positions, as the NFP carries enough weight to set the tone for the FTSE 100 over the next few weeks.
The momentum is also slowing as the FTSE gained a tad too much in relation to the gains in the DAX 30 and commodity markets. Over the last six months the FTSE has exhibited a daily correlation of +0.78 and +0.65 in relation to the DAX and Bloomberg Commodity indexes respectively.
U.S. Non-Farm Payrolls
The U.S. labor market is expected to add 195k new jobs according to 92 economists in a Bloomberg news survey. However, the spread around the median estimate is wide with a standard deviation of 23.84k.
My basic assumption is for the FTSE 100 to gain on a better than expected NFP outcome and for it to trade lower on a softer than expected one. The unemployment rate is expected to remain unchanged at 4.9%.
The FTSE 100’s bullish momentum is decelerating, but the trend remains short-term bullish.
The U.S. labor market is expected to add 195k new jobs according to 92 economists in a Bloomberg news survey. A better than expected NFP outcome may boost the FTSE 100 and vice versa.
The FTSE 100’s bullish momentum is decelerating, but the trend remains short-term bullish and price may reach the January 29 high of 6322, as long as last Friday’s low of 6034 is respected. On a break to last Friday’s low, the FTSE 100 may reach the February 24 low of 5845 followed by the January 20 low of 5598.
The reason for the slowdown in the bullish momentum is partially due to today’s U.S. NFP report, cautioning traders to enter with fresh positions, as the NFP carries enough weight to set the tone for the FTSE 100 over the next few weeks.
The momentum is also slowing as the FTSE gained a tad too much in relation to the gains in the DAX 30 and commodity markets. Over the last six months the FTSE has exhibited a daily correlation of +0.78 and +0.65 in relation to the DAX and Bloomberg Commodity indexes respectively.
U.S. Non-Farm Payrolls
The U.S. labor market is expected to add 195k new jobs according to 92 economists in a Bloomberg news survey. However, the spread around the median estimate is wide with a standard deviation of 23.84k.
My basic assumption is for the FTSE 100 to gain on a better than expected NFP outcome and for it to trade lower on a softer than expected one. The unemployment rate is expected to remain unchanged at 4.9%.
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CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
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- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
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Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
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In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
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#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
