T-3 hours until US September NFP are released

David Scutt

T-3 hours until US September NFP are released. Given that many will 'look through' this number on the belief that October will be a horror show due to the government shutdown, it's clear that the outcome that'll get the biggest 'bang for your buck' this evening will be for a weak outcome, say sub-150k with unemployment at-or-above 7.3%. This will cement the notion that QEternity will extend well into 2014 and help support risk assets to the detriment of the USD. If we were to get a big boy, say 200k+, it'll ensure markets will be nervous in the lead up to October's release.


David Scutt

David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...

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Medium screen shot 2016 01 12 at 2.25.34 pm

James Marlay

I'm now interested in NFP for the first time, appreciate all the explanation and context

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