Take It With A Grain Of Salt

There was nothing in the US jobs report to have accounted for such intense moves, and if anything, the numbers continued to support the case for the Fed to keep with its hawkish, less investor friendly approach.

Friday’s market moves were somewhat perplexing. We saw a massive wave of risk on flow and broad based US Dollar selling. There was nothing in the US jobs report to have accounted for such intense moves, and if anything, the numbers continued to support the case for the Fed to keep with its hawkish, less investor friendly approach.

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