Forex | Forex | Equity Markets Rally on Increased Demand for Higher Yielding Assets (04/09/2009 17:21:57)

Equity Markets Rally on Increased Demand for Higher Yielding Assets

At first glance the jump in this morning’s U.S. Unemployment Rate was perceived as bearish as traders interpreted this to mean that the economy was weakening. After crunching the numbers, however, it now looks like investors believe this report shows that the U.S. economy is most likely closer to the start of a recovery. U.S. equity prices are sharply higher at the midsession. These markets bounced around immediately following the release of the U.S. Non-Farm Payrolls Report but quickly gained


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