Spreadex Market Update
Bullish UK growth sentiment
A big day for the US today with all eyes on the final day of G20, the US/Russian relationship has come under heavy scrutiny amidst the divide over Syria. With the US senate moving forward on US unification on Syria the outcome of G20 is likely to cause high volatility today. Non-Farm payroll will be the hero or villain of the day, an outperformance of the 178k forecast will boost or limit the fallout from the G20 whereas a missed target will only exacerbate it. An unfavourable G20 outcome and a missed non-farm forecast could investors to take advantage of high yields in a flight to quality, leading to a market drop-off.
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