Goldilocks loses a little of her shine

Published: June 7, 2021, 8:27 p.m.

b'Tuesday 8th June 2021If the non-farm payrolls gave the markets a Goldilocks moment on Friday \\u2013 with jobs numbers that weren\\u2019t too hot or too cold \\u2013 then maybe markets are already starting to question whether it was exactly what was needed. As NAB\\u2019s Ray Attrill points out, US CPI numbers later in the week, and the expectations of them, could tip the balance a little. But, could the speed of recovery also be a concern? The US is showing growth, and it\\u2019s likely the JOLTs numbers today will show there are lots of job openings, but will they be filled? And why are China\\u2019s exports down? Could it be to do with supply constraints, or could it be lack of demand, particularly when much of Asia is facing increasing lockdowns and restrictions.


Hosted on Acast. See acast.com/privacy for more information.

'