US non-farm payrolls were not strong enough, Craig Erlam says
Channel: DigitalLookChannel
Date: 11/04/2014

Craig Erlam explains to Alex Bueso why he believes the ECB needs to act and why the last US non-farm payrolls were not that strong.

 

[Minute 00:33] "Why will QE in Japan get pushed out to Q3?"

[Minute 02:06] "I really believe the BoJ should have pre-empted this"

[Minute 03:00] "Last US non-farm payrolls report was not that good"

[Minute 03:54] "What we needed to see was something closer to 250,000 [if not more]"

[Minute 06:02] "Reduced volatility around the US jobs release reflects investors' cautiousness"

[Minute 08:12] "Just how complicated do you think the situation in Ukraine might become?"

[Minute 11:11] "Dollar/yen has been very 'choppy' due to the events in Crimea"

[Minute 12:08] "Choppy sideways trading is typical in the dollar/yen"

[Minute 13:09] "Another interest rate cut from the ECB would have no impact"

[Minute 14:10] "Everybody in the markets believes the ECB needs to attempt QE"

[Minute 17:02] "1.40 is a massive psychological level"