Trading sentiment is positive today after strong employment numbers from ADP yesterday afternoon suggest that perhaps we could be in for a strong Non-farm Payrolls. If that were to be the case then it would help to build expectations of the Fed tightening once more. US equity markets soared into new high ground yesterday and this is helping to drive global risk appetite today. However, strong jobs are one thing, but earnings growth seems to be harder to come by and will be the component of the Employment Situation Report that is closely monitored. Earnings growth remains difficult to find upside traction and could ... (full story)