In a scene from the film, and trade places, and eyes are not on the U.S. payroll report this morning. Today sees the release of frozen concentrated orange juice crop report, a game in the number of persons at the loss of 36K jobs, and an expectation of return - 65K. The unemployment rate steady at 9.7%. What does this mean for the market today? Well now there are a lot of volatility in the market, it is difficult to get a good read.
This should be positive for risk today as the number was only enough to show economic progress, but not large enough to make the talk about raising U.S. interest rates. However, there can be anything until today the list of salaries to be traders on their toes! Just take a look at any plan at 8:30 EST the United States to see what I mean.
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