And Friday Should Be Epic Too

japan wave

Photo: wikimedia

Even though you’re still digesting what happened today, it’s not too early to get ready for tomorrow, which should be pretty epic.First, Europe, duh.

The panic in Italy is real and it’s only a matter of time before the banking system is infected. This doesn’t seem like something that Europe’s leaders can wait on.

Then of course there’s the Non-Farm Payrolls report, which has the potential to exacerbate the disaster if it comes in weak.

Officially, analysts are expecting 85K new jobs and 113K new private sector jobs. A huge miss, just like we got last month, when only 18K new jobs were created, would probably not be that shocking.

The headline unemployment rate is expected to stay at 9.2%.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

markets moneygame-us