Trading Floor

Sovereign debt issues will outweigh macro numbers ahead

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www.tradingfloor.com - Non-farm payrolls should come out positive with employment figures still driven by temporary jobs in the US census, according to Market Strategist Mads Koefoed, Saxo Bank. But the aftermath of the huge fall in the Dow on Thursday and continued worries about sovereign debt and a hung parliament in the UK, it's difficult to see macro indicators driving markets much.