Wage growth data likely final hurdle to Fed rate hike - Tip TV
“Its non-farm payrolls Friday and it will be somewhat interesting than the dull UK budget”, says Independent Market Analyst Matt Brown. He adds further that only a horribly weak US wage growth number could force Fed to reconsider the next week’s rate hike.
Presenter Zak Mir and Brown take note of the sell-off in oil and the resulting weakness in the energy counters in the UK.
Also discussed in this segment is - Russell 2000 outlook from the Coe report, WTI Outlook by Investors Intelligence, Trade idea - Sell Shaftesbury and Broker Recommendations.
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