After two days of quiet markets as the New York exchanges were closed due to Hurricane Sandy, traders keenly awaited the release of Friday’s NFPs. Implications of the labor report ranged from whether there would be an extended period of Federal Reserve purchases to who might be elected the next president of the United States. Following this week’s data and superior performance of the US dollar, markets wait for the US elections, transfer of power in China and new developments in the European periphery.
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