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Rates Spark: Payrolls Friday to settle things
Eurozone government bond spreads tightened significantly on improving risk sentiment as Le Pen suggested a new budget could be put together in weeks. Front and centre though is the US payrolls report. Crucial as always, but this time interpretation is made tougher by returning strikers and the hurricane impact. Watch the unemployment rate this time. It's payrolls Friday ahead, and as always the number(s) are crucial On the number itself, we're repeating the below from our US chief economist, James Knightley: "Last month’s 12k outcome for non-farm payrolls was considerably weaker than expected. State data shows that ... (full story)
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- Posted: Dec 5, 2024 10:51pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 5,380
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