Markets quiet ahead of key US jobs report

All eyes are on the US jobs data released later today. The numbers will provide a clues regarding economic recovery and inflation.

Markets quiet ahead of key US jobs report

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All eyes are on the US jobs data released later today. The numbers will provide a clues regarding economic recovery and inflation.

ADP, the payrolls processor, released data yesterday indicating the jobs report could be better-than-expected. A high number could stoke inflation fears and raise concerns that the Fed will tighten monetary policy sooner rather than later. It remains to be seen how investors would respond if that’s the case.

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