8/2/2010 – The Current Market Sentiment
The US labor report came mixed again in January losing further 20K jobs out of the farming sector. The manufacturing sector could add 11k jobs in January to the non-farm payroll for the first time since the beginning of this recession which caused a losing of 8.42 M until now. The unemployment of January has fallen to 9.7% from 10% in December but the non-farm pay roll of December has been revised down to -150k from -85k in the first reading. There was a mixed impact after the data on the