SaxoTV

Boom in the USA: Big jump in NFPs suggests only America is working

925 views
December 05, 2014 boom, equities, equity, equity index, equity market, equity markets, equity portfolio, equity strategy, equity trading, eur, euro, euro dollar, europe, european, european central bank, eurozone, eurusd, fed, fed chairman, fed chairwoman, fed meeting, fed news, fed stimulus, fed taper, fed tapering, federal, federal government, federal policy meeting, federal reserve, federal reserve rate hikes, federalreserve, fedfed, forex, fx, fx crosses, fx forex, fx investing, fx market, fx markets, fx options, fx spot, fx strategy, fx trade, fx trade idea, fx trading, fx volatility, jobs, jobs data, jobs figure, jobs gain, jobs growth, jobs market, jobs miss estimates, jobs rate, macro, macro economics, macro policy, macro strategy, macroeconomics, non, non farm, non farm payrolls, non farm payrolsl, non farms, non manufacturing, non-farm, non-farm payrolls, non-farmpayrolls, non-farms, non-manufacturing, nonfarm, nonfarm payroll data, nonfarm payroll data', nonfarm payrolls, nonfarmpayroll, nonfarmpayrolls, nonfarms, saxo tv, tradingfloor.com, united states, usd, usd eur, usd index, usd jpy, usdaud, usdcad, usdchf, usdeur, usdgbp, usdjpy
The unexpected big jump in Non Farm Payroll numbers only serves to underline the fact that the US appears to be the only economy working in the world. Japan's in recession and Europe suffers from persistent stagnation; the OECD's description, so 321,000 new jobs added in November suggests America is doing much better than we may have thought. Saxo Bank's Chief Economist Steen Jakobsen gives us his reaction to the surprise boost.