FXStreet (Guatemala) – As 2015 comes to a close, analysts at Brown Brothers Harriman explained that Many financial centers in Asia and Europe are on holiday today, and those that are open, are experiencing a minimum of activity. “Conditions will remain thin and only those who need to transact will.”
Key Quotes:
“Next Friday, January 8, the US reports the monthly jobs data. The early call is for a 200k increase in nonfarm payrolls, though due to favorable base effect, the average hourly earnings are expected to jump to 2.8% year-over-year, which would be the largest increase in six and a half years. It will likely sharpen expectations for the second Fed hike in March.”
(Market News Provided by FXstreet)