US jobs in focus
• Holding on. Pockets of volatility on Friday but on net US equities & bond yields rose. EUR continues to climb. AUD drifted a little lower.• US macro. Consumer spending fell. Some signs of tariff impacts on US inflation. Has the uncertainty flowed through to the US jobs market?• Event Radar. China PMIs today. Annual ECB conference & EZ inflation due this week. US jobs report scheduled (Thurs night AEST) ahead of US holiday. Global Trends Markets were whipsawed a little during Friday’s trade by a couple of tariff related developments and US economic releases. Risk sentiment temporarily soured a...