US jobs numbers in focus
Last week’s better than expected US jobs report continued to fuel further optimism in the US economic recovery, driving both equity markets and bond yields higher. With the Fed equally focused on its dual mandate, the higher jobs numbers once again put the spotlight on whether inflationary pressures will force the Fed to raise interest rates quicker than expected. As confidence in the economic recovery continues to grow, earnings expectations and inflationary concerns have also picked up. While... Читать дальше...