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Employment in the U.S. increased by much less than expected in the month of August, according to a report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment increased by 142,000 jobs in August compared to economist estimates for the addition of about 225,000 jobs.

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Japan had a current account surplus of 416.7 billion yen in July, the Ministry of Finance said on Monday - down 30.6 percent on year.

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32 year market trading veteran and regular guest on CNBC, Bloomberg & Fox, Todd “Bubba” Horwitz joins Merlin for a look at many of the pressing issues facing out markets. To begin with the duo looks at how technology has changed the trading floor from 1982 until today, and why Bubba feels it was better before! Later they focus on currencies and how Draghi’ s comments and actions will send currency market reeling. Finally, they look at the big picture for the financial markets and offer insight on where things may be headed next!



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The global economic growth is likely to be slightly above 3 percent this year in the face of geopolitical risks, International Monetary Fund Chief Christine Lagarde said in an interview with the French daily Les Echos.

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The growth is likely to be between 3 and 3.5 percent, she said. Growth is uneven as some countries started growing faster than others.

The IMF is set to release its next World Economic Outlook in October. Earlier the Washington-based lender estimated 3.4 percent global growth for this year.

Lagarde noted that geopolitical crisis in Ukraine is likely to impact Germany and other neighboring nations.

Lagarde said France should stick to its deficit reduction measures despite low inflation. She also urged Germany to support public spending on infrastructure which would also help its neighboring nations.

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The dollar continues to surge to the upside as central banks from around the world rush to crush their currencies. This is having obvious impacts on global markets, and tremendous trading opportunities!! Brandon Tristan spends much of his time in the XLT (Extended Learning Track) helping hundreds of traders hone their trading skills. Brandon shares his thoughts on what he sees happening with the US Dollar as well as other currencies. He also offers some insight into Tesoro.



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With manufacturing output falling for the first time since January, the Federal Reserve released a report on Monday showing that U.S. industrial production unexpectedly decreased in the month of August.

The report said industrial production edged down by 0.1 percent in August after inching up by a downwardly revised 0.2 percent in July.

The modest drop came as a surprise to economists, who had expected production to climb by 0.3 percent compared to the 0.4 percent increase originally reported for the previous month.

The unexpected drop in industrial production came as manufacturing output fell by 0.4 percent in August after rising by 0.7 percent in July.

The Fed noted that the production of motor vehicles and parts tumbled by 7.6 percent in August after jumping by more than 9 percent in July.

Meanwhile, the report also said mining output rose by 0.5 percent in August after dipping by 0.3 percent in the previous month.

Utilities output also surged up by 1.0 percent in August after plunging by 2.7 percent and 2.0 percent in July and June, respectively.

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With a substantial decrease in energy prices more than offsetting higher prices for food and shelter, the Labor Department released a report on Wednesday showing an unexpected drop in U.S. consumer prices in the month of August.

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A former Broker at FXCM, David Warner is now teaching Forex classes for Online Trading Academy. Coming from a traditional investment background, David shares some of the major things he has learned over the years with Power Trading Radio listeners. Later Merlin and David take a look at a couple currency pairs for potential trading opportunities and suggestions on how to trade economic data releases.



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While the Conference Board released a report on Friday showing a continued increase by its index of leading U.S. economic indicators in the month of August, the pace of growth showed a significant slowdown compared to the previous month.

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Director of the Ayn Rand Institute, Yaron Brook joins John O’Donnell and Merlin Rothfeld for a look at Objectivism and how its principles allow everyone to have the happiest and successful life possible. The trio take a look at what the major obstacles are to happiness in the world, and how big government and education have been at the forefront of the problem.



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