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How to Trade on the Jobs Report

From cnbc.com

The first day of June will bring a new report on the job market. Here's how to play it. Factors pointing to U.S. economic weakness are everywhere, and the nonfarm payroll report coming next Friday will be watched especially closely. Joe Lavorgna, chief economist at Deutsche Bank, is expecting a gain of 150,000 jobs, in line with the market consensus. "At the moment there's no reason to think anything really much better," he says. Amelia Bourdeau, director of foreign exchange at Westpac Institutional Bank, is prepared whether or not that comes true. If nonfarm payrolls come in over 150,000, Bourdeau wants to sell the ... (full story)

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