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.


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James Marlay

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

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