Market sentiment has started to consolidate with little real direction on forex or equities ahead of tomorrow’s Non-farm Payrolls report as a sense of calm has taken over markets. The near term knee-jerk dollar negative reaction to suggestions that Donald Trump could be considering a more dovish choice for the next Fed chair was countered yesterday by another extremely strong ISM reading. The ISM Non-Manufacturing (services PMI) was at more than a decade high as the ISM Manufacturing reading had been a couple of days ago. This positive data has helped to stabilise a move lower that had been developing on Treasury ... (full story)