Daily Morning Call
From the Floor: US average hourly earnings in focus
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Markets await today's nonfarm payrolls report from the US, but the key component is not the headline jobs number but rather the wage component, says Saxo Bank FX head John J Hardy.
• USDJPY likely to be 'most reactive' to nonfarm payrolls report: Hardy
• USDJPY likely to be 'most reactive' to nonfarm payrolls report: Hardy
• Market mixed following release of strong ADP jobs numbers
• Fed voters Harker, Kaplan to speak today following release
• Oil heading lower despite EIA numbers showing a drawdown
• Libyan, Nigerian, US crude production on the rise
• $46.90/barrel level in sight for WTI crude futures: Hansen
• Strong data fail to move government yields as inflation questions remain