10 Jun 2013
Flash: NFP’s out come ‘just right’ – TD Securities
FXstreet.com (London) - Research teams at TD Securities have explained that the The outcome (+175k vs +163k expected) can be characterised as “just right”.
Stock markets are up across the Asia/pac region, following positive offshore leads from Friday on the back of a good US payrolls report. The outcome can be characterised as “just right”: not too hot to hasten the market pricing for Fed tapering, but not so weak as to complicate the QE exit plan. T
The Aussie dollar (-0.8%) continues to make new lows, dropping briefly sub-0.94 in the morning before rallying modestly to just above 0.9450. Meanwhile, the JPY has weakened ahead of tomorrow’s BOJ decision.
Stock markets are up across the Asia/pac region, following positive offshore leads from Friday on the back of a good US payrolls report. The outcome can be characterised as “just right”: not too hot to hasten the market pricing for Fed tapering, but not so weak as to complicate the QE exit plan. T
The Aussie dollar (-0.8%) continues to make new lows, dropping briefly sub-0.94 in the morning before rallying modestly to just above 0.9450. Meanwhile, the JPY has weakened ahead of tomorrow’s BOJ decision.