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The WTI Crude Oil market broke down rather significantly during trading on Friday as the jobs number came out much weaker than anticipated.
The US dollar initially tried to rally against the Mexican peso to continue the massive move to the upside that had been had on Thursday during the Friday session.
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The US dollar fell hard against the Japanese yen initially during the trading session on Friday after the ¥111.50 level gave away.
The S&P 500 initially fell in overnight trading, but then got hammered after the jobs number came out at just 20,000 jobs at it for the month of February.
Gold markets rallied initially during the trading session overnight in fear of a global slowdown as Beijing released poor trade balance numbers, but as the Americans released a very bad jobs figure, gold suddenly found more money flowing into the market.
The Euro initially fell during trading on Friday, continuing the negativity that we had seen the previous session as we smashed through the 1.12 level.
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