NFP Feeding the Fed, Draghi Drill Down — MM #66

Is the NFP good enough for the Fed? We try to provide a good answer as the big event looms. We then digest the other big event that has long term implications: the ECB decision and the Draghi show. We end with a preview of the upcoming events.

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  1. NFP enough for the Fed?: The recent jobs report gave a bit for everyone and many confused. We go through the details of this report, the bigger picture and what it means for the Fed decision on September 17th.
  2. Draghi degrades the euro: The ECB did a masterful job in pushing the euro immediately lower. We help understand what happened and if this changes the common currency’s behavior.
  3. Previews: In the week before the Fed, commodity currencies take the spotlight, with big events for CAD, AUD and NZD.

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