Fed doves won't be intimidated by a potentially strong NFP number | MarketTalk: What’s up today? | Swissquote
Against all odds, yesterday ended up being a good day – at least for investors who have exposure to the French assets. The French government fell and the political uncertainty shifted to a higher gear yet, the French 10-year yield eased, the euro gained, and the CAC 40 hasn’t had such a good week since September.
The US dollar index came swiftly down yesterday on the back of a higher-than-expected jobless claims number last week. Today, the official jobs data is expected to print a strong NFP number – of around 200K new nonfarm job additions for November. But investors...