Narrow-trading seen Ahead of Employment Report

6 August 2010 6 August 2010

BonTrade

Investors remain cautious ahead of US' employment report. In the commodity sector, gold pulls back after rising for the first time in 8 days while crude oil price weakens further to 81.6. The agricultural complex outperforms with wheat futures extending rally for a third day amid Russian's export ban. Equities are modestly higher as driven by strong corporate earnings.