non farm paroll data/employment
US market expects circa 100,000-110,000 jobs added which is much lower than 180,000
If figure is lower, dow pullback a little
Mkt looks like its actually gone up in last day or 2 cause theyre expecting the data to outperform forecasts since recent data shows that economy barr housing isnt as weak as has been thought.
So the figures gonna have to come in higher than expected by a little for S+P to move higher again and start eyeing all time high of 1527 soon.
Clark Kent, since you own QBE, what are your thoughts on the stock recently???
Markets gone up by quite a bit, but QBE is stuck?? Is it the recent preference share addittion , the US acquisitions, the AUD or Barclays buying up big over the last few months and now profit taking a little??? Its the best managed Blue-chip on the ASX IMO.
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