Monday, October 9, 2017 6:22 AM EDT
The messy jobs report provides another mystery, in addition to the absence of inflation. We begin with run-down of the NFP and the implications for the Fed, continue with the Catalan crisis and preview the upcoming events.
- NFP analysis: The hurricanes totally distorted the jobs report. A rare drop in the number of positions was recorded but wages are higher. The markets see the glass half full and the chances for a rate hike are higher now. What matters for the Fed? What are the next data points to watch out for? We discuss.
- Catalonia crisis: An issue that was a non-event turned into a full-blown ongoing crisis. We analyze the recent events as another climax awaits us. The Catalan government may, or may not, declare independence. How will stocks, bonds, and the euro react? So far, the reactions were quite different between the various asset classes.
- Preview: We talked about inflation and now we will get the fresh data for September. In addition, watch out for retail sales and also the Fed minutes.
Download it directly here
Disclaimer: Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and ...
more
Disclaimer: Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader's level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit , so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch's authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information.
less
How did you like this article? Let us know so we can better customize your reading experience.