Wednesday, December 3, 2014

THURSDAY 12/4/14; India's Nifty Index Record High; BOE Rate Decision; ECB Rate Decision and Press Conference; Challenger Job-Cut Report; Dollar/Yen Hits 120; TTC; DG; KR; ECB President Draghi Reverses Comments Creating Stock Market Rally; SPX and INDU New All-Time Highs; AMBA; FIVE; SWHC; ULTA

The dollar/yen is at 119.75 printing a session high at 119.88 as global Forex traders watch to see 






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 advising investors to decrease risk-taking here forward. Gross says that markets are reaching the point of diminishing returns. Traders are focused on the Monthly Jobs Report to be released at 8:30 AM EST. The consensus forecast is 230K jobs above last month’s 214K jobs with the unemployment rate steady at 5.8%.

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