Equity markets are soaring again today with FRA40 leading gains in Europe (1.4%) and US indices surging for the 5th straight day! Investors are still awaiting the key NFP report (1:30 pm BST/2:30pm CEST) that will have a big impact on the weekly close. Let us remind that ADP and ISM reports offered contradicting signals on the conditions in the US labour market. The consensus sees employment growth at +185k.
Markets in great moods ahead of the NFP report
Jun 7, 2019