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From the Floor: US average hourly earnings in focus

Markets await today's nonfarm payrolls report from the US, but the key component is not the headline jobs number but rather the wage component, says Saxo Bank FX head John J Hardy.

   • USDJPY likely to be 'most reactive' to nonfarm payrolls report: Hardy

   • Market mixed following release of strong ADP jobs numbers
   • Fed voters Harker, Kaplan to speak today following release
   • Oil heading lower despite EIA numbers showing a drawdown
   • Libyan, Nigerian, US crude production on the rise
   • $46.90/barrel level in sight for WTI crude futures: Hansen
   • Strong data fail to move government yields as inflation questions remain

09:46 minutes
Tags: from the floor, nonfarm, payrolls, saxotrader, saxotradergo, tradingfloor.com

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