The payroll “whisper” of -475k seems to me a bit too close to Goldmans own estimate of -475k for my liking, but it certainly has the market set up in expectation of a figure in that vicinity. Meanwhile Buba President Weber is on the tape, mirroring the Bundesbank report, saying that extensive stimulus measures are showing some signs of progress, but economic situation is still uncertain.
Currency markets seem a bit more risk averse than Bond markets this morning with Eur/Usd edging lower to 1.4170, with some buying interest seen at 1.4150.
