US Non farm payrolls have just been released coming out at 80k (versus a consensus of 100k and a whisper of 120k). European equities have sold off on the news falling to be between 0.5% and 1% lower. Gold futures have spiked in anticipation that the Fed will now begin to look at further easing, whilst US treasuries rallying with the yield at around 1.56%.

 

Posted by Philip Ball | Sales and Trading