As is obvious, tomorrow can bring almost anything. Today's near-freefall in the equities markets translated into bonds and USD higher, everything else lower.
Labor Report tomorrow morning: If 75,000 jobs are created, as the market expects, the free-fall will end. We might even see a rally. In the unlikely event of > 100,000 jobs, stocks will rise sharply, bonds and the USD will fall sharply.
BUT if the report comes in < 50,000 we could see a repeat of today.
Labor Report tomorrow morning: If 75,000 jobs are created, as the market expects, the free-fall will end. We might even see a rally. In the unlikely event of > 100,000 jobs, stocks will rise sharply, bonds and the USD will fall sharply.
BUT if the report comes in < 50,000 we could see a repeat of today.
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