{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/631a89913c2be9001415dc41/631a89966bf4ff0014804771?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Will strong jobs numbers add to the Fed’s battle tonight?","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/631a89913c2be9001415dc41/show-cover.jpg?height=200","description":"<p>Friday 2nd September 2022 </p><p><br></p><p>View our disclaimer and terms of use: nab.co/3shJyyp </p><p>View our NAB Financial Services Guide: nab.co/3rvJtI9 </p><p><br></p><p>We know the world is in an awkward place, but we keep getting positive data reads, like a strong manufacturing ISM from the US, retail sales picking up in Germany, UK house prices still strong – all the things central banks don’t really want to hear right now. So what happens if non-farms payrolls in the US tonight shows a labour market that isn’t showing any signs of weakening? NAB’s Ken Crompton reckons a soft read will cause more of a fall in bond yields than the response to a stronger set of numbers. It’ll be an asymmetric response, he says.</p>","author_name":"Phil Dobbie"}