3/9/2009 - The Current Market Sentiment

The US Q2 productivity has been revised up today to 6.6% from 6.4% but the ADP employment figure of August has come worse than the market expectations of -250k at -298k and these data show that there is still worries about hiring but the current labor unit is high utilized meeting an increasing of the demand which can be hopeful for the recovery. the US stocks have not reacted positively to the data to continue the profit taken wave which was waited to be continued after the rally we have