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Why the US jobs report is "just right"
Not too hot, not too cold; the US jobs' report on Friday is a "Golilocks scenario" for Saxo Bank's Head of Macro Strategy, Mads Koefoed. 192,000 jobs were added in March in the States according to the non-farm payroll report. That was slightly less than what most were expecting. The unemployment rate remains at 6.7%, despite the job creations.
Stock markets in Europe and America rose on the news; the dollar was mixed. Mads says the figures mean we should expect no major changes in policy from the US Federal Reserve.
01:51 minutes
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