Daily video recap (9/3): august jobs report boosts stocks and risk appetite
Posted by vadmin on September 3, 2010 – 7:49 pm
Today’s US jobs data — while not great by any stretch of the imagination — did help ease some of the more pessimistic outlooks about the US as not only did the economy have a better number of private jobs created in August, the upward revision for June and July were a welcome sign. Stocks were up as was risk appetite, meaning our commodity currencies tied to global growth like AUD, CAD, NZD jump…
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