T-3 hours until US September NFP are released
David Scutt
Stonex
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.
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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
Market Analyst
Stonex
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
Market Analyst
Stonex
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
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