Hold on for the payrolls

Published: Aug. 30, 2021, 8:35 p.m.

b'Tuesday 31st August 2021It\\u2019s been a quiet session overnight and NAB\\u2019s Tapas Strickland says its likely to be a quiet week in the run up to non-farm payrolls on Friday, which will give us all a clearer understanding on the speed of the US jobs recovery. The continued high COVID case numbers, a drop in air travel and the threat of an EU ban on non-essential travel from the US haven\\u2019t dented market enthusiasm, with the S&P reaching yet another record high. Locally today more GDP partials, which should give us enough data to determine whether tomorrows Q2 GDP number will be negative or positive. China\\u2019s PMI numbers will be watched keenly, whilst Chinese authorities will be keeping an eye on computer gamers!


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