Markets paralysed Ahead Of Huge US Jobs Report

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Photo: commons.wikimedia.org

Other than the ongoing selloff in commodities, most markets are fairly quiet right now.Spain is getting roughed up a bit. Other European markets are up. Silver is still threatening to plumb fresh lows.

Obviously, all eyes are on the jobs report at 8:30 AM ET.

A quick reminder of what to expect:

  • Total change in non-farm payrolls: 185K
  • Change in private payrolls: 200k
  • Unemployment rate: 8.8%
  • Average weekly hours flat at 34.3 hours.
  • Average hourly earnings up 0.2%

Oh, and of course, it’s FLASH CRASH anniversary day.

Buckle in.

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