Saturday, 6 February 2010

Pop, Flop or Drop

A lil under 5 minutes till the NFP, estimates are  as  wide  as +100k to -100k averaging  a  gain of +14k, as for the unemplyment rate estimate is between 9.8%  and 10.3% with 10% the most favoured.

What ever the number,  it is always  best  to  let  the  dust settle before acting. Watch the reaction of the 10 year notes ZNH0 for clues.. strong numbers n they will drop indicating higher rates , opposite for bad data..

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