NFP

NFP at +217k. With subdued inflatioary pressure thru Oil and world growth lucklustre along with the prob. of a Fed rate hike only at 19% for Sept. I see the timetable being pushed out to 2016. An interesting point being whether China will do anything to upset the applecart with all those USD reserves they have. In any event it all points to the currencies continuing to decline and I will be looking for better levels to get some shorts on esp. Euro.

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