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Can The US NFP Impact Markets?
The mother of all data, the US NFP will be released on Friday. All eyes will be set on this number and investors aren’t going to take any bigger bets ahead of this data. Once the number is released, it could bring some enormous moves. The recent FOMC minutes and the interest rate decision have left the markets somewhat confused. The reason that I am saying this is because the Fed has cut the interest rate but their tone wasn’t clear with respect to the future path of their monetary policy. In other words, the Fed isn’t fully comfortable to make their next decision. They have doubts if they should pause the ... (full story)