Busy Day For Traders, Focus on US NFP & Wage Growth - Core Finance
Friday could be a volatile day in the markets as the economic calendar is dominated by first tier data releases like the US non-farm payrolls and wage growth figures. Speeches from Fed and BoE officials could move markets as well.
Commentator Matt Brown and Core London CEO Nick Batsford take note of the major developments ahead of the NFP - USD is well bid, Pound is being whacked on fears PM May's days are numbered and the move in the FTSE 100 index above 7500.
Brown says, "the focus is on the US wage growth and unemployment number".
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