IIFT Daily Note with Peter Brown

Non Farm Payrolls

Posted by:  |  Time: 7:48 am  |  Topic:
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For those of you who won’t be sitting in the sun this afternoon, non farm payrolls offers a good chance for some points.

Biggist move will come from a better than expected figure as we are down 550 points on the week. Wall st likes to bounce.

We should get a good move on the downside if the figure is bad but seen as the projections have been revised downwards it is going to have to be really low to keep this selling momemtum going. Nothing to do till then. Greece is a non story at the moment, will be a fudge deal and we will move on. Going to bite them in the end though.

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