T-3 hours until US September NFP are released
David Scutt
Scutt Partners
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.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
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 rate movements and has been an active trader on behalf of his employers.Over the past 5 years David has become a respected financial analyst and has built a strong following on social media with his insights into the domestic and international markets for currencies and interest rates.Web: www.scuttpartners.com.au LinkedIn: https://www.linkedin.com/pub/david-scutt/9/34a/841
David Scutt
Independent Market Strategist
Scutt Partners
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...
Expertise
No areas of expertise
David Scutt
Independent Market Strategist
Scutt Partners
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...
Expertise
No areas of expertise
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
How to choose excellent fund managers
Livewire Markets
Macro
The RBA should warn that it could raise rates again
Coolabah Capital