Google Analytics

Friday, September 6

6th Sep - EU Open: Payroll day



Previously on MoreLiver’s:

Follow ‘MoreLiver’ on Twitter or Facebook

Roundups
News roundup – Between The Hedges
The 6am Cut London – alphaville / FT
Emerging Markets Headlines – beyondbrics / FT
Asia Morning MoneyBeat: The Focus Is on U.S. Jobs Report – WSJ
Europe Morning MoneyBeat – WSJ


MORNING BRIEFINGS
3 Numbers to Watch: German Trade & Industrial Production, US jobsTradingFloor
This will be one of the most-watched US employment reports ever as the Federal Reserve’s meeting will be held on September 17 and 18, when it is expected to announce a schedule for tapering the central bank’s asset purchase programme.

Market Preview: US jobs data eyed for QE3 tapering plans TradingFloor
European markets are expected to open mostly lower today, with traders keenly awaiting US non-farm payrolls data to gauge the probable timing of QE3 tapering. Meanwhile, German industrial production data will also be eyed for further direction.

Danske DailyDanske Bank (pdf)

Market comment: Core yields rise ahead of NFPNordea
Core yields break key levels * ECB widely as expected * ISM non-manufacturing climbs to eight year high * BRICs create FX reserve pool to guard against financial shocks * G20 countries divided on Syria * All eyes on nonfarm payrolls

AamukatsausNordea
Kuinka draaghista! * Suomen alkuvuosi nollakasvussa * Tänään julkaistaan tärkeät USA:n työllisyysluvut

AamukatsausTapiola (pdf)

MarkkinakalenteriNordnet
MarkkinakalenteriTaloussanomat


UNITED STATES
Nonfarm payrolls – Facts & StatsNordea (pdf)
As one of the last key data prints ahead of the important September FOMC meeting, today´s Nonfarm payrolls number will be closely watched. Attached we show eight charts that illustrates some of the characteristics of the notoriously volatile data.

Payrolls "Taper-On" Preview - 95 Estimates And A 7-Sigma SpreadZH

As mortgage rates spike, a market distortion appearsSober Look