Daily Morning Call

From the Floor: Calm ahead of hurricane-dampened NFP – #SaxoStrats

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One of the weakest rates of US job creation this year is expected to be revealed in today's nonfarm payrolls report, but as this will reflect the impact of the recent hurricanes, the effect on currency markets is likely to be restrained.

  • NFP expectations between + 75,000 and + 80,000 – Rawashdeh
  • NFP to confirm US economy is growing steadily – Garnry
  • We expect the biggest NFP action in EM equities   – Garnry
  • IBEX bias is to upside, we could see further strengthening  – Garnry
  • USD rally extends, especially versus commodity currencies  – Hardy
  • GBPUSD  crashed through pivot zone with other USD pairs – Hardy
  • Rising yields and strong equity markets are holding JPY back – Hardy