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US jobs report wraps up action packed week
The US jobs report on Friday will cap off what has been an action packed week in the markets, one that perhaps will leave investors feeling a little more optimistic about the near-term outlook. The Fed on Wednesday urged patience on interest rates, offering a less dovish assessment than what markets were expecting and certainly less than what Donald Trump would like to hear. Its policy response this year has gone a long way to stabilising markets and alleviating the pressure on the yield curve that had everyone speculating about the possibility of a recession. Are markets too pessimistic? What’s the most important ... (full story)