Jobs and Japan

NAB Morning Call · Mar 9, 2023 · 14m

Friday 10th March 2023NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABMarkets are clearly preparing for a fall in payrolls numbers tonight, with bond yields falling markedly in the US and the dollar notably weaker. NAB’s Gavin Friend says markets have been influenced by the weekly jobless claims, which rose a little, and the Challenger jobs report, which showed a high number of layoffs in January and February. They clearly shrugged off the ADP umbers from a day earlier, which came in stronger than expected. Hopes of an end to rising inflation will…