Archived IMT (2009.05.07)
Stocks fell out of cautiousness ahead of the stress tests coming up shortly as well as Fridays US labor report. Canada will also release its labor report 1.5 hour before the release of the US jobs report. Canadian unemployment expected at 8.3% from 8.0%, while net employment change seen -50K from -60K. The employment component of the April PMI did fall after a rebound in March. UK PPI 8.30 am GMT, exp -3.5% y/y from -0.4% and +0.7% m/m from 2.0%. Such a decline could be weigh on sterling but markets unlikely to move excessively ahead of the US jobs.
Reality Check Pre Jobs
by Adam Button | Dec 6, 2019 12:37
Kushner a Tell?
by Adam Button | Dec 5, 2019 11:11
GBP Breaks out, USD Hurt
by Adam Button | Dec 4, 2019 14:38
Time for the Pre-Santa Selloff
by Adam Button | Dec 3, 2019 12:55
USD Pauses, Key Levels Pre ISM
by Ashraf Laidi | Dec 2, 2019 13:51