Friday, May 6, 2011

Following NFP Which Factor Wins Out - Risk Appetite or US Rate Expectations?



The US economy surprised forecasts, posting a much better than expected 244K jobs created during the month. Forecasts were calling for a 185K increase, and from other data this week expectations had build for a soft release.

With upward revisions to February’s and March’s data, this is the 3rd straight month

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