US jobs in the spotlight this week
• Positive tone. A solid end to November with US & European equities rising. Bond yields dipped. AUD & NZD edged a bit higher.• JPY revival. JPY rebound has weighed on USD/JPY & the USD. Narrowing yield spreads as the BoJ hikes & others cut rates is JPY supportive.• Event radar. Locally, retail sales out today & GDP is on Weds. US Fed Chair Powell speaks this week & the latest US jobs figures are due. Markets ended last week, and November, on a positive note. In the holiday shortened US session equities rose with the S&P500 (+0.6%) touching another...