By Chris Becker
Another NFP passes by and markets absorb the disappointing headline and look to the inflationary pressures within as wage growth was the most since 2009. This is a clear signal for the Fed to continue its tightening agenda, so USD was bid against the majors and stocks rose across the board. Its a great start to the year for risk markets – will it continue post January 20?
As usual for Monday mornings, I’ll take a step back and look at markets with a longer term view as my “Trading Week”.