It seems that not only the British Q2 GDP would have a record rise today because the U.S. Q2 GDP also rose at an annual rate of 1.6 percent in the second quarter - above expectations.

Although there are no major U.S. data scheduled for release on Friday, the market is still suffering from yesterday’s jobs disappointing data.

A weak U.S. jobs report and fresh worries about the euro-zone’s economy shaped the market trends on Friday.

Futures contracts are getting weaker on Friday with concerns focused on European debt burden and the legal troubles of the world’s top banks.

Energy and Indices led a broad rally Tuesday as investors grew confident in the U.S. recovery and put aside for now their worries about European sovereign debt.

After the historical highs that the whole market has witnessed on Gold, any investor would name Gold as the most important trading event from early October to early December; it was neither the US Dollar nor the Great British Pound. It was Gold which rose by over 20% in dollar-terms.

When having an insight bas in March any investor can recall that it was unbelievable to hear that the DJIA can close the year at 12,000. The Dow Jones at that time hit its low of this year 2009 getting below 6,600. The market is up 60% since then and trades at nearly 10,500.

Gold futures ended lower Monday, part of a broad decline in commodities, as the U.S. dollar advanced on fresh worries about the financial sector. December gold futures Monday fell $13.60, or 1.3%, to $1,042.8 an ounce at the close of trading in New York.

After going through this intensive week, it’s important to highlight the major events that have marked it. As spotting those important marks will guide us through the coming weeks till the end of the month.
First traders have a lot to be enthusiastic about after seeing the DJIA closing above 10,000 for two consecutive sessions this week.

U.S. stocks on Wednesday moved sharply higher, with the Dow Jones Industrial Average reaching 9,995, trying to get to 10,000 for the first time in a year. After surprisingly better than expected quarterly earnings from J.P. Morgan Chase & Co. The Dow stood at 9,995.68, up 124.62 points, or 1.3%, after hitting an intraday high of 10,001.5.