In the wake of last week’s cautious economic assessment from Fed Chairman Jerome Powell, most market watchers aren’t expecting the US central bank to announce its taper plans until its November meeting at the earliest, a full three Non-Farm Payroll (NFP) reports from now. Nonetheless, traders will still key in on Friday’s big jobs report to see if the labor market is recovering as expected or whether further delays may in the cards. After back-to-back readings above 900K net new jobs, traders and economists are expecting “just” 750K jobs this month, with the average hourly earnings figure expected to rise 0.3% m/m, a ... (full story)