By Chris Becker
The post-GFC bizarro world continues to shock where a stellar US unemployment print on Friday night sent risk markets reeling, with US stock markets down nearly 2% on the news as the US dollar surged in value against everything on expectations of higher interest rates sooner.
Before the print in Europe, we had German industrial production surge in January although not enough to arrest the year long sub 1% growth rate while the Bank of England released its inflation forecast with another sub 2% zone.